NICE Actimize's Fraud and Cybercrime Solution Achieves Milestone

  • Banking , Security , Fraud Detection
  • 04.12.2015 12:00 am

NICE Actimize, a NICE Systems  business and the largest and broadest provider of financial crime, risk and compliance solutions for the financial services industry, has achieved a major milestone this year - its Fraud & Cybercrime Management solutions now protect more than 150M digital banking customers in the United States across its top five clients.

"NICE Actimize is one of the market leaders in terms of the number of digital banking customers and transactions it guards within the United States," according to Erez Zohar, Global Vice President & General Manager, Fraud & Cybercrime Management Solutions. "We are proud of our industry-leading solutions that work hard to stop cyber-criminals before they gain access to bank accounts."

Consumers continue to flock to digital banking, according to an American Bankers Association survey conducted in the U.S. this summer. Mobile banking is now preferred by 12 percent of consumers - up from 3 percent just five years ago. Meanwhile one-third of respondents (32 percent) said online banking is the method they use most often to manage their bank accounts. 

"With the continued rise of online and mobile banking fraud and cyber-attacks, consumers are understandably fearful of fraudsters who exploit vulnerabilities created within the evolving digital banking environment," said Zohar. "We help financial institutions protect their customers by connecting the dots between fraud and cybercrime data for a holistic view of threats."

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