NICE Actimize, a NICE business, 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.
“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”
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 toWanda 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.
SOURCE: Businesswire