Partnering with the X-Sight Marketplace, HooYu
is a leader in customer on-boarding and identity confirmation using
ID document verification, biometrics, and digital footprint
analysis
Helping financial services organizations keep up with a changing
market landscape, NICE Actimize, a NICE business (Nasdaq:
NICE) and the leader in autonomous financial crime
management, today announced that HooYu has
joined the X-Sight Marketplace, the industry’s first financial
crime risk management-focused ecosystem designed to assist
financial services organizations evaluate new point solutions and
move to stay on top of a challenging regulatory and criminal
environment.
The X-Sight Marketplace leverages the X-Sight
Platform-as-a-Service and further expands the functionality offered
by the platform. The NICE Actimize X-Sight Platform-as-a-Service
offers a single, unified, cost-effective way for financial service
organizations to rapidly innovate and to introduce new services
while supporting best-in-class financial crime, risk and compliance
management capabilities.
HooYu, experts in ID verification and fraud
investigation, blends traditional methods of customer verification
and PEP/Sanctions screening with real-time digital footprint
analysis and facial biometrics. By adding HooYu’s capabilities with
NICE Actimize’s AML and Fraud solutions, its customers can better
manage their risks related to KYC/CDD, account takeover fraud,
synthetic ID fraud, and payments fraud.
Technology providers such as HooYu that partner with NICE
Actimize’s X-Sight Marketplace ecosystem are reviewed for their
ability to complement financial crime and compliance solutions.
Once approved, software and service providers become available to
the NICE Actimize community via the X-Sight Marketplace. FSOs can
quickly browse through X-Sight Marketplace solution categories to
find scalable options that solve their unique business
problems.
“HooYu welcomes this partnership with NICE Actimize as we bring
innovation and business value to financial services organizations
looking for more modern customer identification and screening
processes, that improve customer on-boarding success while
bolstering financial crime prevention,” said David Pope,
Marketing Director, HooYu. “There is strong synergy and
alignment between the industry-leading financial crime solutions
and platforms that NICE Actimize offers its community and HooYu. We
look forward to building our presence within this innovative
community platform.”
“We are excited that HooYu, who shares our common goal of
fighting financial crime through the benefits of a Marketplace
ecosytem, is partnering with us and joining the X-Sight Marketplace
community,” said Craig Costigan, CEO, NICE Actimize.
“By connecting via a cloud environment, community
participants will experience a quicker time to value and minimized
integration cost as they evaluate new solutions for their financial
services organizations.”
Additional categories that will be added to NICE Actimize’s
X-Sight Marketplace from other partner participants will include:,
Ultimate Beneficial Ownership, Value-added Data & Adverse
Media, Watchlist, Device Identification, and User Authentication
& Fraud. Additional partners will be announced as the X-Sight
Marketplace grows.
About HooYu HooYu are specialists in
building KYC, customer on-boarding, Enhanced Due Diligence and
fraud investigation products and its platforms are used by millions
of users each month. Today, many organisations use its platforms,
HooYu Identify, HooYu Investigate or 192.com to verify customer
identity or to investigate people, places and businesses.
HooYu Identify is a global identity confirmation service that
blends and combines multiple identity technologies including social
media and digital footprint analysis, identity document
authentication, facial biometrics, database checks and PEPS and
Sanctions watchlist checks to confirm identity. HooYu Identify
cross-references and analyses data from a person’s digital
footprint to confirm their real-world identity. HooYu also extracts
and verifies data from ID documents at the same time as
authenticating the ID document and conducting a biometric facial
check comparing a selfie of the customer with the facial image on
their ID document. Used by large retail banks such as NatWest or
digital challenger banks such as Countingup, HooYu Identify helps
FSO’s to reduce account opening abandonment whilst increasing the
robustness of compliance with CIP and KYC requirements.
For more information on the X-Sight Marketplace, please
click here.
If you are a technology company or financial institution wishing
to be part of the first financial crime and compliance marketplace,
please contact us at info@niceactimize.com.
About NICE Actimize NICE Actimize is the
largest and broadest provider of financial crime, risk and
compliance solutions for regional and global financial
institutions, as well as government regulators. Consistently ranked
as number one in the space, NICE Actimize experts apply innovative
technology to protect institutions and safeguard consumers and
investors assets by identifying financial crime, preventing fraud
and providing regulatory compliance. The company provides
real-time, cross-channel fraud prevention, anti-money laundering
detection, and trading surveillance solutions that address such
concerns as payment fraud, cybercrime, sanctions monitoring, market
abuse, customer due diligence and insider trading. Find us at
www.niceactimize.com, @NICE_Actimize or Nasdaq: NICE.
About NICE NICE (Nasdaq: NICE) is the
worldwide leading provider of both cloud and on-premises enterprise
software solutions that empower organizations to make smarter
decisions based on advanced analytics of structured and
unstructured data. NICE helps organizations of all sizes deliver
better customer service, ensure compliance, combat fraud and
safeguard citizens. Over 25,000 organizations in more than 150
countries, including over 85 of the Fortune 100 companies, are
using NICE solutions. www.nice.com
Trademark Note: NICE and the NICE logo are
trademarks or registered trademarks of NICE Ltd. All other marks
are trademarks of their respective owners. For a full list of
NICE’s marks, please see: www.nice.com/nice-trademarks.
Forward-Looking Statements This press
release contains forward-looking statements as that term is defined
in the Private Securities Litigation Reform Act of 1995. Such
forward-looking statements, including the statements by Mr.
Costigan are based on the current beliefs, expectations and
assumptions of the management of NICE Ltd. (the Company). In some
cases, such forward-looking statements can be identified by terms
such as believe, expect, may, will, intend, project, plan, estimate
or similar words. Forward-looking statements are subject to a
number of risks and uncertainties that could cause the actual
results or performance of the Company to differ materially from
those described herein, including but not limited to the impact of
the global economic environment on the Company’s customer base
(particularly financial services firms) potentially impacting our
business and financial condition; competition; changes in
technology and market requirements; decline in demand for the
Company's products; inability to timely develop and introduce new
technologies, products and applications; difficulties or delays in
absorbing and integrating acquired operations, products,
technologies and personnel; loss of market share; an inability to
maintain certain marketing and distribution arrangements; and the
effect of newly enacted or modified laws, regulation or standards
on the Company and our products. For a more detailed description of
the risk factors and uncertainties affecting the company, refer to
the Company's reports filed from time to time with the Securities
and Exchange Commission, including the Company’s Annual Report on
Form 20-F. The forward-looking statements contained in this press
release are made as of the date of this press release, and the
Company undertakes no obligation to update or revise them, except
as required by law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190909005363/en/
Corporate Media Cindy Morgan-Olson, 551-256-5202
cindy.morgan-olson@niceactimize.com
Investors Marty Cohen, +1 551 256 5354, ET
ir@nice.com
Yisca Erez +972 9 775 3798, CET ir@nice.com
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