NICE Actimize Wins FinTech Breakthrough Award for Fraud Prevention Innovation with AI-Powered IFM-X Dark Web Intelligence and New Account Fraud Solutions
NICE Actimize, a NICE business announced that its IFM-X Dark Web Intelligence and New Account Fraud solutions have been selected as winners of the “Fraud Prevention Innovation Award” by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global FinTech market today. Both solutions leverage the power of NICE Actimize’s IFM-X industry-leading enterprise fraud management platform that delivers advanced detection capabilities powered by artificial intelligence and machine learning.
Marketing Technology News: NICE Workforce Optimization Recognized for Delivering Proven Business Success by Metrigy Research
“Fraud prevention is a highly competitive category and we are thrilled to once again recognize NICE Actimize as a leading innovator. Congratulations to the NICE Actimize team for this well-deserved recognition.”
The FinTech Breakthrough Awards is the premier awards program founded to recognize FinTech innovators, leaders and visionaries from around the world in a range of categories, including Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2022 FinTech Breakthrough Awards program attracted more than 3,950 nominations from across the globe.
NICE Actimize’s IFM-X Dark Web Intelligence solution deploys comprehensive, multi-language coverage of the Dark and Deep Web, malware networks, private messaging platforms, and underground fraudster infrastructure and communities. The solution helps financial services organizations (FSOs) resolve the pervasive challenges they face in detecting dynamic fraud and account takeover threats. Leveraging the power of NICE Actimize’s IFM-X industry-leading enterprise fraud management platform, the IFM-X Dark Web Intelligence solution provides immediate fraud prevention so FSOs can efficiently mitigate customer account takeover attempts, combat card fraud without causing undue customer friction, and block mule activity. The solution utilizes behavioral technology that provides targeted, continuously updated intelligence.
“The industry awards evaluation was extremely competitive this year, but NICE Actimize’s Dark Web Intelligence and New Account Fraud solutions demonstrated a unique approach that is backed by its previous FinTech Breakthrough award-winning IFM-X enterprise fraud platform,” said James Johnson, Managing Director, FinTech Breakthrough. “Fraud prevention is a highly competitive category and we are thrilled to once again recognize NICE Actimize as a leading innovator. Congratulations to the NICE Actimize team for this well-deserved recognition.”
Marketing Technology News: MarTech Interview with Rob Sanchez, CEO at MeritB2B
“NICE Actimize combines more than 20 years of in-depth fraud expertise with the latest in artificial intelligence and advanced behavioral technologies that drive comprehensive fraud protections,” said Craig Costigan, CEO, NICE Actimize. “Our industry-proven experience and range of enterprise fraud applications help financial services organizations adapt to a faster fraud environment, saving both time and money in the process.”
NICE Actimize’s New Account Fraud solution directly addresses fraud loss manifested by stolen and synthetic identities as well as other fraud schemes associated with the act of opening an account. With NICE Actimize’s New Account Fraud solution, organizations can take a multi-layered end-to-end fraud management approach. From account origination to both early and ongoing account monitoring, NICE Actimize’s New Account Fraud solution detects and prevents fraud across the customer’s lifecycle. The solution is also designed to work exclusively and seamlessly with IFM-X, NICE Actimize’s industry-leading enterprise fraud platform.