NICE Actimize: Israeli Tech Powerhouse Battling Financial Crime with Innovative Solutions

Background

• Founded in 1999 in Israel’s Silicon Wadi
• Initially focused on anti-money laundering and fraud prevention software
• Team of former IDF colleagues specializing in business intelligence and data warehousing
• Acquired by NICE Systems in 2007, expanding reach and offerings

Successful Innovation

• Growing concern of financial crime since the late 1980s
• NICE Actimize answers the call with technologically advanced solutions
• Protection of financial institutions and consumers’ assets

The Challenge

• Pressure to provide new services, faster transaction times, and better experiences
• Managing risks and keeping up with regulatory landscape
• Financial crimes causing significant losses and reputational damage

Innovation in Action

• Advanced technologies used for financial crime prevention
  • Artificial intelligence (AI)
  • Machine learning
  • Robotic process automation (RPA)
• Real-time, cross-channel fraud prevention
• Anti-money laundering detection
• Trading surveillance solutions
• Addressing various financial crimes
  • Payment fraud
  • Cybercrime
  • Market abuse
  • Sanctions monitoring

Global Impact

• 25,000 organizations in 150+ countries
• 85 Fortune 100 companies as clients
• Consistent ranking as #1 in the risk-management space by industry accolades
• Pioneering the fight against financial crime with advanced tools

Conclusion

NICE Actimize’s innovative solutions have become a global force in combating financial crime through the use of advanced technologies. Financial institutions and their customers reap the benefits of improved security, operational productivity, and regulatory compliance with NICE Actimize at their side.