The rapid innovation ecosystem to combat financial crime
Supercharge your NICE Actimize solutions with the industry’s premier financial crime and compliance ecosystem. Your Financial Services Organization (FSO) can connect best-of-breed applications to best tackle financial crimes.
Register for the X-Sight Marketplace Innovation Spotlight series.
Throughout this series, we’ll showcase different partners across the X-Sight Marketplace ecosystem. Tune in to hear about the latest industry trends, and how our partners’ complement NICE Actimize’s financial crime and compliance solutions.
Advanced Identity Tech That Stops Fraud
Are you relying solely on risk-based authentication (RBA) for fraud mitigation?
- Grasp cryptographic authentication and benefits and how they fit into RBA
- Drive higher pass rates and better customer experiences
- Mitigate fraud and more deterministically identify and authenticate customers
Mitigate the Risks of Engaging with Cryptocurrency
How do you enable customers to engage with cryptocurrencies or offer them cryptocurrency-related products without compromising your fraud controls and reputation?
Cryptocurrency adoption is growing worldwide. Financial service institutions are directly or indirectly interacting with cryptocurrencies, representing new revenue opportunities. But it also exposes financial service organizations to a new spectrum of financial crimes. Having the proper tools and training enables companies to build holistic compliance programs, optimize costs, and capitalize on the new opportunities that the crypto industry has to offer.
Join Chainalysis and NICE Actimize experts to find out how to mitigate the risks of engaging with cryptocurrencies.
You will learn how to:
- Establish a risk-based approach to cryptocurrency
- Build a cryptocurrency compliance program
- Evaluate current and potential customers that are engaging with cryptocurrency
- Use tools on the market to engage with cryptocurrencies in a complaint safe way
Preserving the ideal customer experience
- Latest fraud trends in new account fraud
- Types of identity verification signals to verify your customers
- How to easily boost your fraud defenses while simplifying and improving the customer experience
Image-Based Data Analysis - the Future of Fighting Check Fraud
Check fraud schemes are getting more sophisticated, so traditional methods of identifying and managing check fraud are becoming obsolete. To keep up with the volume and complexity of modern check fraud, you need to incorporate image-based anomaly recognition of signatures and add check stock and image analysis into your check fraud analytics.
Mobile Fraud Alert and Communication
As the number of attacks on payment systems increase, it also increases the workload that fraud teams have to resolve alerts. MoneyGuard protects your customers by automating alerts into an actionable communication dialogue with the customer through their preferred communications channel, while eliminating false positives, improving the customer experience and reduces the alert volume for fraud analysts.
Clearing the Haze: Banking Cannabis 101
As the industry continues to evolve, the legal status of marijuana has created large and growing compliance challenges, as well as opportunities, for financial institutions of all sizes. Whether your institution has a strict “no marijuana” policy, is “thinking about” entering the space, or is already actively banking cannabis-related businesses, our session will cover the basics as well as practical guidance for any institution looking to adapt.
Tackling Sanctions in Capital Markets With Smart Monitoring
Over the recent years, the sanctions landscape has become more and more complex and hectic. Having access to the official sanctions list may help you in your KYC/AML compliance tasks but is not sufficient to determine if you are on safe ground when you invest in securities, derivatives or structured products. Let us show you how a smart monitoring at security level, leveraging top-notch identification, automation and beneficial ownership analysis can offer full confidence to trade and stay safe from sanctions and their consequences: fines, reputational damage and operational costs.
Behavioral Biometrics Brings Continuous Authentication to Stop Online Fraud
On-Demand Webinar
The Dark Web: Don’t Let Fraudsters Compromise Your Security
The Dark Web is the playground and marketplace for fraudsters and cybercriminals. In this session, we’ll venture into the Dark Web and profile the latest trends in fraud and financial crimes, browse popular hacker communities and showcase leading tools to take steps to disrupt financial crimes.
On-Demand Webinar
Stop Online Financial Crime with Advanced Location Data
Authentic and unaltered location data is a critical signal for detecting and stopping fraud. However, most financial institutions still use an IP address to verify location, which is easily spoofed and essentially useless for verifying a user’s true location. In this session, we’ll answer critical questions about advanced location data, including what it is, how it works and how it’s different from an IP address. Most importantly, we’ll show how this data helps in the fight against financial crime.
On-Demand Webinar
Using Device Intelligence to Manage New Customer Risk
Traditionally, banks required face-to-face interactions to open accounts. But to stay competitive, particularly in the past year, banks have been offering account opening through digital channels. This poses additional risk, as it is more challenging to understand the intent of the person at the other end of the application, especially when they are not known to the bank. Criminals often seek to use newly opened accounts to receive stolen funds from other sources and to establish seemingly legitimate banking relationships to commit fraud and financial crime in the future. The challenge is to gather as much information to identify risk at account opening and in the early life of the account and to do it in a way that does not impact legitimate customers.
On-Demand Webinar
SIM Swapping Fraudsters Threaten Digital Identity
Did you know that a fraudster can port your mobile number and gain access to your bank account in minutes? It’s true - and it happens every day. SIM swap fraud is an imminent threat to the security of financial data. Phone number data intelligence can help strengthen and validate the user verification process, reduce fake accounts, inform risk models, improve conversions and accuracy of collected information and even determine the optimal channel for message delivery.
On-Demand Webinar
Enabling Mobile Text and Chats for Regulated Financial Employees
TeleMessage has been providing state-of-the-art messaging solutions on-premises and in the cloud for over 20 years. For financial services organizations, new communication modalities and remote, distributed workforces are widening compliance gaps, placing firms at further risk for fines and reputational damage. In this session, gain insight into the latest mobile communication trends and address regulators’ requirements when implementing WhatsApp, WeChat and mobile communication. You’ll learn how employees at other regulated firms are using compliant mobile communication from mobile, web and desktop.
Quickly Detect Lazy Fraudsters Who Use Email Addresses and Phone Numbers
ArkOwl provides powerful data that helps banks, credit card processors, merchants and websites make informed decisions about approving or cancelling transactions. ArkOwl, a high-volume solution, is created and priced to undercut the effort of the high-volume, lazy fraudster, who typically spends less than a minute creating an email address and will often guess at a workable phone number. With ArkOwl, you can cost effectively query an email address and/or phone number in seconds to rule out bad information that took just seconds to create. Weed out these bad actors before spending lots of money and effort to detect them through other means.
Risk Assessment at Start-up Speed
Risk Proof, a PwC product, empowers your organization to think faster and act quicker to stay on top of the ever-changing world of financial risk. Risk Assessment for AML, fraud and sanctions continue to be manual and time-consuming processes. Most institutions rely on spreadsheets and manual processes to produce reports that are often hard to explain to executive management. What if you could digitize the process and spend more time focusing on having the right controls and presenting your risks and forecasts to management, the board and your regulators? What if you could help your business think through the risks and controls to introduce new payment products, crypto assets or expansions in lines of business?
On-Demand Webinar
Using Precision Intelligence to Uncover Hidden Risk and Strengthen KYC and AML Compliance
Kharon is a leading provider of research and data analytics, focused on international security threats and other controversies that impact global commerce and finance. While some financial service organizations continue to screen against the US, EU and UN sanctions lists in order to keep pace with industry standards, growing numbers are seeking ways to stay ahead of those same standards.
On-Demand Webinar
Facepoint uses facial recognition to disambiguate potential matches, reduce false positive rates and identify emerging threats posed by unnamed persons of interest that are not covered by watchlists. In the context of KYC screening processes, Facepoint’s “picture intelligence” maintains a worldwide image database of "people of interest", and offers a real-time risk mitigation solution thanks to cutting-edge image analysis. Biometric identification offers greater precision, accuracy and speed and therefore enormous potential for improved operational efficiency and reduction in compliance costs.
