Partnering with the X-Sight Marketplace, Q6
Cyber will offer e-crime intelligence that proactively identifies
and prevents fraud, data theft, and other financial crimes
Helping financial services organizations keep up with a changing
market landscape, NICE Actimize, a NICE business (Nasdaq:
NICE) and leader in Autonomous Financial Crime Management,
today announced that Q6 Cyber, a leading provider of e-crime
intelligence, 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 introduce new services while
supporting best-in-class financial crime, risk and compliance
management capabilities.
Q6 Cyber’s cutting-edge proprietary technology monitors the
"Digital Underground" - a vast universe of online sites,
marketplaces, communities, and forums where hackers, fraudsters,
and cybercriminals operate and interact. The company’s 24x7
coverage includes not only the DarkWeb and DeepWeb, but also
malware networks, botnets, and other cybercrime infrastructure. Led
by veterans of leading intelligence agencies with decades of
experience in the dark corners of cyberspace, Q6 Cyber delivers
timely, targeted, and actionable intelligence that enables
financial institutions to substantially reduce fraud losses, data
breaches, and other financial crimes.
Innovative technology and intelligence providers such as Q6
Cyber 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.
Integrating intelligence from Q6 Cyber into NICE Actimize
Integrated Fraud Management Platform, IFM-X, helps financial
service organizations build a wider threat intelligence model to
prevent more fraud and provide a good customer experience. Use
cases include optimizing fraud detection models with newly
discovered attack vectors, proactively updating authentication
processes for known compromised entities and improving Common Point
of Purchase (Compromise) detection.
“Q6 Cyber is excited to develop this partnership with NICE
Actimize as we bring our proactive e-crime intelligence solution
and proven business value to financial services organizations and
others looking to bolster security and anti-fraud capabilities,”
said Eli Dominitz, Founder and Chief Executive Officer, Q6
Cyber. “There is strong synergy and alignment between the
industry-leading financial crime solutions and platforms that NICE
Actimize offers its community with our own philosophy. With
cybercrime on the rise, this is a perfect opportunity to help the
financial community protect both its own and its customers’ assets.
We look forward to building our presence within this innovative
community platform.”
“We are excited that Q6 Cyber shares our common goal of fighting
financial crime through the benefits of a marketplace ecosystem and
is partnering with us to introduce its unique e-crime intelligence
expertise to our 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 ID
Verification, 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 Q6 Cyber Based in Miami and Tel Aviv, Q6 Cyber is
an innovative e-crime intelligence company. Q6 Cyber
comprehensively monitors the "Digital Underground" (including the
DarkWeb, DeepWeb, cybercriminal and fraudster marketplaces,
communities, and networks) to spot relevant threats before they
materialize into fraud losses or damaging breaches. The company’s
targeted and actionable intelligence has been proven to deliver
high ROI to enterprise customers around the world. Q6 Cyber is led
by seasoned professionals with decades of experience in US and
Israeli intelligence and law enforcement agencies. Learn more at
www.q6cyber.com/.
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 world's 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/20191007005309/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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