HOBOKEN, N.J.--(BUSINESS WIRE)--NICE Actimize, a NICE (Nasdaq: NICE) business and the leader in autonomous financial crime management solutions, announced that it has partnered with a global leader of core banking systems and financial services technology, to roll out Actimize cloud solutions to its network of thousands of financial institutions. This significant partnership will enable this leading core banking provider to resell Actimize cloud solutions, which will be tightly integrated with the organization’s banking and core payment systems, to its network of financial institutions.
With this partnership of financial technology industry leaders, this extensive network of leading financial institutions may now obtain NICE Actimize’s proven detection capabilities in a cloud suite that provides easy implementation and minimizes use of IT resources and budgets. In addition, the Actimize Fraud cloud solution will provide a short road to the best possible fraud risk scores.
Joe Friscia, President NICE Actimize
“This powerful
financial crime partnership will rapidly expand our distribution network
of NICE Actimize’s financial crime prevention and cloud at a critical
time in our industry, while expanding our market impact. With many
financial services organizations seeing an uptick in fraud attacks and
strong regulatory pressure, they clearly must have robust financial
crime and compliance solutions which fill critical needs gaps, while
providing the flexibility to allow for future growth, enhancing customer
experience and ensuring that all client access channels are effectively
protected from fraud. Placing these capabilities into the cloud makes it
more flexible and affordable. We welcome the opportunity to roll out our
leading cloud products within this massive network.”
Leveraging more than a decade of providing comprehensive retail banking fraud and compliance solutions to the world’s largest financial services organizations, the Actimize cloud offering relies on the proven detection platform and robust administration tools that have powered the processing of hundreds of millions of customer transactions across NICE Actimize’s customer base.
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
NICE (Nasdaq:NICE) is the world’s leading
provider of both cloud and on-premises enterprise software solutions
that empower organizations to make smarter decisions based on advanced
analytics of structured and unstructured data. NICE helps organizations
of all sizes deliver better customer service, ensure compliance, combat
fraud and safeguard citizens. Over 25,000 organizations in more than 150
countries, including over 85 of the Fortune 100 companies, are using
NICE solutions. 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. Friscia 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, may, will, intend,
project, 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 the
global economic environment on the Company’s customer base (particularly
financial services firms) potentially impacting our business and
financial condition; competition; 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; and the effect of newly enacted or modified
laws, regulation or standards on the Company and our products. 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 Securities and Exchange Commission, 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.