Boku Identity, Deep Labs, & TeleMessage Join NICE Actimize’s X-Sight Marketplace, the Industry’s First Financial Crime Ma...
November 04 2019 - 6:30AM
Business Wire
Partnering with the X-Sight Marketplace, three
breakthrough technology firms offer capabilities in identity
verification, and mobile messaging and archiving
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 three new technology partners have
joined the fast-growing X-Sight Marketplace, the industry’s first
financial crime risk management-focused ecosystem. X-Sight
Marketplace helps financial services organizations evaluate new
point solutions and move to stay on top of a challenging regulatory
and criminal environment. The recent additions include Boku
Identity, a leading end-to-end identity solution provider; Deep
Labs, specialists in applying persona-based artificial intelligence
to assess risk and reduce fraud and identity theft; and
TeleMessage, which provides state-of-the-art cloud and on-premises
messaging solutions.
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 services organizations to
rapidly innovate and introduce new services while supporting
best-in-class financial crime, risk and compliance management
capabilities.
The three new innovative partner organizations offer the
following:
- Boku Identity protects individuals and businesses by ensuring
that identity verifications are only performed with consumer
consent. Using privacy-by-design principles, the Boku Platform is
architected to create a Verified-ID (VID) Token and to return only
a Confidence Score, which protects individual privacy and
effectively solves fraud and risk use cases. The Boku Platform uses
intelligence gathered from Boku Payments and Boku Identity to
verify authentic user information from mobile operators and other
authoritative sources. All user data is accessed in a secure and
private manner with appropriate mobile operator approval and end
user consent. Boku Identity applies this intelligence to deliver
deterministic signals, unmatched global scale and a feedback loop
that fortifies identities in real time. “The fundamental unit of
trust in any transaction lies in identity — namely, ensuring that
the person who shows up to transact is who they say they are. It’s
also the most highly regulated part of any financial transaction
and is much more than a ‘one-and-done’ check against a list. Making
sure the person is authorized to use those credentials is critical
to establishing trust — and it’s the sweet spot in which Boku
operates,” said Jon Prideaux, CEO, Boku. “Boku looks forward
to bringing its expertise in end-to-end identity solutions to NICE
Actimize’s X-Sight Marketplace ecosystem.”
- Deep Labs offers a suite of products that leverages
persona-based dynamic adaptive risk and propensity profiles to
solve a range of use cases including account takeover, anti-money
laundering, false declines to marketing decisioning, identity, and
friendly fraud. Deep Labs’ DeepIdentity® approach provides advanced
identity verification solutions which, through risk-based
decisioning, minimizes friction and enhances the consumer
experience across numerous use cases, including identity
verification, digital onboarding, authentication, and continually
knowing the customer’s persona. “Our team of experienced payments
and signals intelligence experts believe that persona-based
intelligence is the next generation of true context-aware
computing, and an important advancement in understanding and
fighting many new types of fraud,” said Dr. Scott Edington, CEO
and Co-Founder, Deep Labs. “Our team looks forward to bringing
our industry-leading approach to the NICE Actimize X-Sight
Marketplace.”
- TeleMessage is transforming enterprise mobile messaging, and
addressing mobile phone text, call and WhatsApp archiving for
compliance, regulatory and eDiscovery response requirements. The
Telemessage Mobile Archiver solution enables financial enterprises
to capture and archive the SMS/MMS/calls/WhatsApp of employees in
line with current regulations such as FINRA and MiFID II. In
addition, TeleMessage integrates with leading email archiving
vendors, so companies can store the messages in the same archive
where they store their emails. TeleMessage also provides several
archiving methods for BYOD and corporate phones, including the
Enterprise Number Archiver which uses a virtual number assigned to
App users for BYOD companies; the Android Archiver which copies
messages/calls in the background; the Network Archiver which
archives directly from leading mobile carriers; and the WhatsApp
Archiver which archives standard WhatsApp chats and calls.
“TeleMessage has provided state-of-the-art messaging solutions,
both on-premises and in the cloud, for more than two decades,” said
Guy Levit, CEO, TeleMessage. “Our software has been
successfully deployed by thousands of enterprises, is trusted by
dozens of telecom operators, and has powered billions of messages
through customers’ networks. We look forward to partnering with
NICE Actimize’s X-Sight Marketplace.”
Technology providers, such as Boku Identity, Deep Labs, and
TeleMessage 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.
“We welcome these three new partners to the Marketplace
ecosystem, each offering their own value proposition to our
customer network. We are excited that each of these new partners,
which share our common goal of fighting financial crime through the
benefits of a marketplace ecosystem, is 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.
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.
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version on businesswire.com: https://www.businesswire.com/news/home/20191104005334/en/
Corporate Media Contact: Cindy Morgan-Olson,
+1-551-256-5000, NICE Actimize,
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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