NICE Actimize
Founded Year
1999Stage
Acquired | AcquiredTotal Raised
$24MValuation
$0000Revenue
$0000About NICE Actimize
NICE Actimize develops financial crime, risk, and compliance solutions. The company offers services such as fraud prevention, anti-money laundering detection, and trading surveillance, aimed at identifying financial crime, preventing fraud, and ensuring regulatory compliance. It primarily serves global financial institutions and government regulators. It was formerly known as Actimize. It was founded in 1999 and is based in Hoboken, New Jersey. In July 2007, Actimize was acquired by NICE Systems.
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NICE Actimize's Product Videos
NICE Actimize's Products & Differentiators
SURVEIL-X Holistic Conduct Surveillance Suite
The SURVEIL-X Holistic Trade Compliance platform analyzes and relates all trade related data: Comprehensive surveillance coverage for all regulatory needs; Breaks down barriers between data silos enabling deeper analysis and true risk detection; oes beyond simple thresholds and detection rules to correlate all relevant data sources; Can connect to, ingest and analyze data from many real-time data sources, including all forms of communications
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Research containing NICE Actimize
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned NICE Actimize in 1 CB Insights research brief, most recently on Feb 27, 2023.
Feb 27, 2023 report
Top fraud prevention companies — and why customers chose themExpert Collections containing NICE Actimize
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
NICE Actimize is included in 1 Expert Collection, including Regtech.
Regtech
1,721 items
NICE Actimize Patents
NICE Actimize has filed 1 patent.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/15/2013 | Financial risk, Financial risk modeling, Financial risk management, Financial data vendors, Actuarial science | Application |
Application Date | 10/15/2013 |
|---|---|
Grant Date | |
Title | |
Related Topics | Financial risk, Financial risk modeling, Financial risk management, Financial data vendors, Actuarial science |
Status | Application |
Latest NICE Actimize News
Sep 16, 2024
NICE Actimize 2024 Fraud Insights Report Shows Investment and Romance Scams Pose Increased Consumer Risk NICE Actimize, a NICE business, has released "The 2024 NICE Actimize Fraud Insights Report, First Edition,” which explores the latest data behind the evolution of fraud attacks. The new report indicates that fraudsters continue to move away from Account Takeover (ATO) to Authorized Fraud and that there is also a shift in fraud typologies over the previous year, leaning toward an increased number of investment and romance scams. Authorized fraud continued to rise across the globe in 2023. The fraud typology and payment type mix saw notable changes, particularly a continued shift away from account takeover (ATO) and P2P fraud towards authorized fraud, and domestic wire fraud, as well as continued growth of check & deposit fraud in North America. Attempted fraud increased in volume (+6%) but decreased by value (-26%). This change reflects the shift towards payment types and fraud typologies traditionally higher in volume and lower in value, as well as improvements in detection and prevention— especially in P2P. “Financial institutions face a surge of fraud threats that require sophisticated, agile prevention. NICE Actimize embeds AI and other cutting-edge technologies into our enterprise fraud solutions to reduce these challenges,” said Craig Costigan, CEO, NICE Actimize. “By leveraging advanced AI for real-time detection, decisioning, and continuous adaptation, you can ensure fraud is identified quickly and is mitigated. With industry-wide collective intelligence, NICE Actimize provides a robust defense against evolving fraud tactics, safeguarding both institutions and banking customers.” The NICE Actimize 2024 Fraud Insights Report’s data also indicated: • Genuine transactions on P2P have surged 36% by volume and 38% by value. This shows that consumers value the benefits of faster payments and feel that they are safe to use, despite the constant talk of fraud. • Web based P2P transactions constitute only 6% of the total P2P transaction volume yet have a fraud rate over 5X that of mobile based P2P transactions. Leveraging NICE Actimize’s collective intelligence and Federated Learning, the report was created by analyzing billions of banking and payments transactions.
NICE Actimize Frequently Asked Questions (FAQ)
When was NICE Actimize founded?
NICE Actimize was founded in 1999.
Where is NICE Actimize's headquarters?
NICE Actimize's headquarters is located at 221 River Street, Hoboken.
What is NICE Actimize's latest funding round?
NICE Actimize's latest funding round is Acquired.
How much did NICE Actimize raise?
NICE Actimize raised a total of $24M.
Who are the investors of NICE Actimize?
Investors of NICE Actimize include NICE, Viola Ventures, Vertex Ventures Israel, Giza Venture Capital and FTV Capital.
Who are NICE Actimize's competitors?
Competitors of NICE Actimize include Hawk, Four Eyes Financial, Napier, Eventus, Exiger and 7 more.
What products does NICE Actimize offer?
NICE Actimize's products include SURVEIL-X Holistic Conduct Surveillance Suite and 4 more.
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