NICE Actimize has added Suspicious Activity Monitoring (SAM-10) to its Anti-Money Laundering (AML) solutions. The new SAM-10 features artificial intelligence (AI)-based AML transaction monitoring and multilayered analytics to detect more suspicious activity, reduce false positives and complement the company’s other AML solutions for financial institutions,...
This year, the PYMNTS data and analytics team published 252 reports that tracked the data, innovations and disruptive thinking that are reshaping the payments and commerce business. The Trackers use a number of creative methodologies and frameworks that measure and benchmark an ever-changing landscape. As...
There’s no soft version, no smoothing it over. Companies charged with protecting people’s data lost ground in 2020, after an abysmal 2019 of breathtaking data breaches. Yes, the pandemic explains a great deal of the new action. Preparedness (or lack thereof) explains the rest. “This...
P2P payment apps — including third-party solutions like Venmo and CashApp as well as first-party banking apps — allow users to seamlessly pay each other for informal services and goods and have recently become incredibly popular. Some retail establishments are also adding P2P-enabled payments to...
January 01, 2021
This year, the PYMNTS data and analytics team published 252 reports that tracked the data, innovations and disruptive thinking that are reshaping the payments and commerce business. The Trackers use a number of creative methodologies and frameworks that measure and benchmark an ever-changing landscape. As part of our special year-end coverage, here’s a sampling of […]
October 16, 2020
COVID-era fraudsters use scams that range from impersonating tax officials to selling fake PPE on P2P payment apps. Fighting these threats requires an equally wide range of defenses, says Jamie Armistead, Zelle vice president. In this...
July 21, 2020
Cybercrime is a constant concern for banks, credit unions and other financial institutions (FIs), with more than 25 percent of all malware attacks targeting the financial industry specifically. Compromised credit...
June 17, 2020
In financial fraud, the breaches come when bank standards are lax. Australian bank Westpac Banking Corp. may stand as Exhibit A here. According to a report in ZDNet, Westpac said that...
April 02, 2025
NICE Actimize added agentic AI capabilities to X-Sight ActOne, the company’s platform for fraud and financial crime prevention. Available through X-Sight ActOne’s InvestigateAI, the agentic AI capabilities orchestrate all fraud and financial crime prevention workflows on one platform, automate processes and engage human oversight only when necessary, the company said in a Wednesday (April 2) […]
April 19, 2023
NICE Actimize has added Suspicious Activity Monitoring (SAM-10) to its Anti-Money Laundering (AML) solutions. The new SAM-10 features artificial intelligence (AI)-based AML transaction monitoring and multilayered analytics to detect more...
August 19, 2020
NICE Actimize on Wednesday (Aug. 19) released a platform called Xceed that the company says will use “best-in-class AI, data intelligence, behavioral analytics and insights within a unified cloud platform”...
June 08, 2020
Financial fraud prevention software and cloud company NICE Actimize has unveiled a deal to acquire Guardian Analytics. With the deal, New Jersey-based NICE Actimize looks to beef up its offerings...