NICE Actimize has invested in advanced
technologies that manage emerging fraud vectors including
authorized and unauthorized payments fraud as well as first-party
fraud and money mules
NICE Actimize, a NICE (NASDAQ: NICE) business,
today announced that for the second consecutive year Global Banking
& Finance Review, a financial media platform with over three
million readers worldwide, has awarded the firm honors for
excellence in innovation as a best anti-fraud solutions provider.
The 2023 Global Banking & Finance Awards® recognitions included
the following winning categories for NICE Actimize:
Anti-Fraud/Security Solutions Europe 2023; Anti-Fraud/Security
Solutions Asia Pacific 2023; and Anti-Fraud/Security Solutions
North America 2023.
NICE Actimize's IFM-X integrated fraud management provides
real-time, end-to-end fraud prevention coverage that continuously
adapts to new and emerging fraud threats across the customer
lifecycle, combining advanced AI/ML techniques with strong fraud
domain expertise to combat authorized and unauthorized payments
fraud as well as first-party fraud and money mules.
According to Wanda Rich, Editor, Global Banking & Finance
Review, “New fraud typologies are increasing challenges to
global financial institutions. Our editorial team congratulates
NICE Actimize for its continued contributions to fighting financial
crime with leading enterprise fraud solutions; its dedication to
innovation confirms its strengths by providing the latest advanced
technologies, including artificial intelligence, machine learning,
and expertise in the cloud.”
“Financial institutions of all sizes continue to face an
increasing volume of emerging fraud vectors and complex threats
while dealing with the speed of digital acceleration. NICE Actimize
has invested in advanced technologies that manage these challenges
while balancing risk and providing a seamless customer experience,”
said Craig Costigan, CEO, NICE Actimize. ”Once again, it’s
an honor to receive recognition acknowledging our contributions to
providing advanced fraud solutions.”
NICE Actimize also addresses mid-market regional and community
banks with its Xceed cloud-based, AI-first approach to fraud
prevention. The Xceed approach reduces manual reviews, lowers false
positives, and prioritizes alerts while automating many operational
processes, reducing operational costs and increasing ROI.
Please click here for further information on NICE Actimize’s
industry-leading Enterprise Fraud solutions.
Please click here to learn more about the 2023 Global Banking
& Finance Review awards.
About Global Banking and Finance Review Global Banking
& Finance Review® is a leading Financial Platform established
in 2010 – A Media Powerhouse with its own Online Portal, Print
& Digital magazine reaching over 3 million readers worldwide on
an annual basis. Since the inception of the Global Banking &
Finance Awards® in 2011, The Awards reflect the innovation,
achievement, strategy, progressive and inspirational changes taking
place within the Global Financial community. The awards were
created to recognize companies of all sizes which are prominent in
particular areas of expertise and excellence within the financial
world. The Banking Awards & the Financial Awards are known
throughout the global banking and financial community as a symbol
of excellence.
About NICE Actimize NICE Actimize is the largest and
broadest provider of financial crime, risk and compliance solutions
for regional and global financial institutions, as well as
government regulators. Consistently ranked as number one in the
space, NICE Actimize experts apply innovative technology to protect
institutions and safeguard consumers’ and investors’ assets by
identifying financial crime, preventing fraud and providing
regulatory compliance. The company provides real-time,
cross-channel fraud prevention, anti-money laundering detection,
and trading surveillance solutions that address such concerns as
payment fraud, cybercrime, sanctions monitoring, market abuse,
customer due diligence and insider trading. Find us at
www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.
About NICE With NICE (Nasdaq: NICE), it’s never been
easier for organizations of all sizes around the globe to create
extraordinary customer experiences while meeting key business
metrics. Featuring the world’s #1 cloud native customer experience
platform, CXone, NICE is a worldwide leader in AI-powered
self-service and agent-assisted CX software for the contact center
– and beyond. Over 25,000 organizations in more than 150 countries,
including over 85 of the Fortune 100 companies, partner with NICE
to transform - and elevate - every customer
interaction.www.nice.com.
Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks
of their respective owners. For a full list of NICE’s marks, please
see: www.nice.com/nice-trademarks.
Forward-Looking Statements This press release contains
forward-looking statements as that term is defined in the Private
Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Costigan, are based on
the current beliefs, expectations and assumptions of the management
of NICE Ltd. (the “Company”). In some cases, such forward-looking
statements can be identified by terms such as “believe,” “expect,”
“seek,” “may,” “will,” “intend,” “should,” “project,” “anticipate,”
“plan,” “estimate,” or similar words. Forward-looking statements
are subject to a number of risks and uncertainties that could cause
the actual results or performance of the Company to differ
materially from those described herein, including but not limited
to the impact of changes in economic and business conditions,
including as a result of the COVID-19 pandemic; competition;
successful execution of the Company’s growth strategy; success and
growth of the Company’s cloud Software-as-a-Service business;
changes in technology and market requirements; decline in demand
for the Company's products; inability to timely develop and
introduce new technologies, products and applications; difficulties
or delays in absorbing and integrating acquired operations,
products, technologies and personnel; loss of market share; an
inability to maintain certain marketing and distribution
arrangements; the Company’s dependency on third-party cloud
computing platform providers, hosting facilities and service
partners;, cyber security attacks or other security breaches
against the Company; the effect of newly enacted or modified laws,
regulation or standards on the Company and our products and various
other factors and uncertainties discussed in our filings with the
U.S. Securities and Exchange Commission (the “SEC”). For a more
detailed description of the risk factors and uncertainties
affecting the company, refer to the Company's reports filed from
time to time with the SEC, including the Company’s Annual Report on
Form 20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230501005061/en/
Corporate Media Contact: Cindy Morgan-Olson, +1 646 408
5896, ET media@nice.com
Investors Marty Cohen, +1 551 256 5354, ET ir@nice.com
Omri Arens, +972 3 763 0127, CET ir@nice.com
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