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Avner Ziv


Partnering with the X-Sight Market, Facebanx will supply distinctive stay streaming know-how to assist improved safety round digital identification and powerful buyer authentication

Serving to monetary providers organizations sustain with a altering market panorama, NICE Actimize, a NICE enterprise (Nasdaq: NICE) and chief in autonomous monetary crime administration, at the moment introduced that Facebanx has joined the X-Sight Market, the {industry}’s first monetary crime threat management-focused ecosystem designed to help monetary providers organizations consider new level options and transfer to remain on high of a difficult regulatory and legal surroundings.

The X-Sight Market leverages the X-Sight Platform-as-a-Service and additional expands the performance supplied by the platform. The NICE Actimize X-Sight Platform-as-a-Service provides a single, unified, cost-effective method for monetary service organizations to quickly innovate and to introduce new providers whereas supporting best-in-class monetary crime, threat and compliance administration capabilities.

Facebanx, identified for its distinctive stay streaming know-how for biometric onboarding, will supply the X-Sight MarketPlace neighborhood the flexibility to leverage biometrics and ID doc analytics that limit the flexibility of fraudsters to create false accounts. NICE Actimize prospects might make the most of this functionality to satisfy the altering regulatory necessities inside their digital Identification and powerful buyer authentication processes. This may allow a safer buyer onboarding course of.

Expertise suppliers reminiscent of Facebanx, that companion with NICE Actimize’s X-Sight Market ecosystem, are reviewed for his or her capability to enhance monetary crime and compliance options. As soon as accredited, software program and repair suppliers turn into obtainable to the NICE Actimize neighborhood by way of the X-Sight Market. FSOs can rapidly flick thru X-Sight Market answer classes to search out scalable choices that clear up their distinctive enterprise issues.

“Facebanx appreciates this partnership with NICE Actimize as we deliver innovation and enterprise worth to monetary providers organizations in search of a safer onboarding course of that innovates and bolsters their monetary crime operations,” stated Matthew Silverstone, CEO of Facebanx. “There may be robust synergy and alignment between the industry-leading monetary crime options and platforms that NICE Actimize provides its neighborhood and Facebanx. Within the gentle of the most recent necessities for Robust Buyer Authentication inside PSD2, it is a excellent alternative to assist the neighborhood meet their regulatory necessities. We sit up for constructing our presence inside this progressive neighborhood platform.”

“We’re excited that Facebanx, who shares our frequent objective of preventing monetary crime via the advantages of a Market ecosytem, is partnering with us and becoming a member of the X-Sight Market neighborhood,” stated Craig Costigan, CEO, NICE Actimize. “By connecting by way of a cloud surroundings, neighborhood individuals will expertise a faster time to worth and minimized integration value as they consider new options for his or her monetary providers organizations.”

Extra classes that will likely be added to NICE Actimize’s X-Sight Market from different companion individuals will embrace: ID Verification, Final Helpful Possession, Worth-added Information & Adversarial Media, Watchlist, Gadget Identification, and Consumer Authentication & Fraud. Extra companions will likely be introduced because the X-Sight Market grows.

About Facebanx
Facebanx is a number one supplier of stay streaming know-how that helps using a number of biometrics and id doc seize. For the previous 5 years, Facebanx has supplied safe account opening with its proprietary stay streaming and video chat know-how. Facebanx’s enterprise is growing options that allow organisations to enhance buyer relationships while making certain that their knowledge stays safe and compliant with rules. Facebanx are skilled at working with purchasers within the business, monetary, public and not-for-profit sectors. www.facebanx.com

For extra info on the X-Sight Market, please click on right here.

In case you are a know-how firm or monetary establishment wishing to be a part of the primary monetary crime and compliance market, please contact us at [email protected].

About NICE Actimize
NICE Actimize is the biggest and broadest supplier of economic crime, threat and compliance options for regional and world monetary establishments, in addition to authorities regulators. Constantly ranked as primary within the area, NICE Actimize specialists apply progressive know-how to guard establishments and safeguard shoppers and traders property by figuring out monetary crime, stopping fraud and offering regulatory compliance. The corporate gives real-time, cross-channel fraud prevention, anti-money laundering detection, and buying and selling surveillance options that deal with such considerations as cost fraud, cybercrime, sanctions monitoring, market abuse, buyer due diligence and insider buying and selling. Discover us at www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.

​About NICE
NICE (NICE) is the worldwide main supplier of each cloud and on-premises enterprise software program options that empower organizations to make smarter selections based mostly on superior analytics of structured and unstructured knowledge. NICE helps organizations of all sizes ship higher customer support, guarantee compliance, fight fraud and safeguard residents. Over 25,000 organizations in additional than 150 international locations, together with over 85 of the Fortune 100 corporations, are utilizing NICE options. www.good.com

Trademark Notice: NICE and the NICE brand are logos or registered logos of NICE Ltd. All different marks are logos of their respective homeowners. For a full checklist of NICE’s marks, please see: www.good.com/nice-trademarks.

Ahead-Wanting Statements
This press launch incorporates forward-looking statements as that time period is outlined within the Non-public Securities Litigation Reform Act of 1995. Such forward-looking statements, together with the statements by Craig Costigan are based mostly on the present beliefs, expectations and assumptions of the administration of NICE Ltd. (the Firm). In some instances, such forward-looking statements will be recognized by phrases reminiscent of consider, count on, might, will, intend, mission, plan, estimate or comparable phrases. Ahead-looking statements are topic to numerous dangers and uncertainties that would trigger the precise outcomes or efficiency of the Firm to vary materially from these described herein, together with however not restricted to the influence of the worldwide financial surroundings on the Firm’s buyer base (significantly monetary providers companies) doubtlessly impacting our enterprise and monetary situation; competitors; modifications in know-how and market necessities; decline in demand for the Firm’s merchandise; lack of ability to well timed develop and introduce new applied sciences, merchandise and purposes; difficulties or delays in absorbing and integrating acquired operations, merchandise, applied sciences and personnel; lack of market share; an lack of ability to take care of sure advertising and marketing and distribution preparations; and the impact of newly enacted or modified legal guidelines, regulation or requirements on the Firm and our merchandise. For a extra detailed description of the danger components and uncertainties affecting the corporate, check with the Firm’s reviews filed now and again with the Securities and Trade Fee, together with the Firm’s Annual Report on Kind 20-F. The forward-looking statements contained on this press launch are made as of the date of this press launch, and the Firm undertakes no obligation to replace or revise them, besides as required by regulation.

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