NICE Ltd - $NICE STOCK NEWS

NICE Actimize, a business of NICE (NASDAQ: NICE), has been recognized as the top AML solutions vendor by Quadrant Knowledge Solutions in its 2024 SPARK Matrix Anti-Money Laundering Solution report. The report praises NICE Actimize's advanced Machine Learning capabilities and cloud-native X-Sight Entity Risk Solution, highlighting its ability to enhance customer risk assessment and financial crime risk management.

NICE Actimize, a business of NICE (NASDAQ: NICE), has been ranked #1 in the Chartis Research Financial Crime and Compliance50 Report. The company received awards for its expertise in Anti-Money Laundering (AML)/Transaction Monitoring (TM) and Case Management, as well as a market-specific award for Global Banking. NICE Actimize's innovative financial crime solutions, infused with AI and machine learning capabilities, have garnered recognition for their efficacy and accuracy in combating financial crime threats.

NICE Actimize, a NICE business, receives recognition in Celent's 2024 Watchlist Screening Report for its leading role in financial crime technology. The company was awarded the 2024 XCelent award for 'Breadth of Functionality,' highlighting strengths in entity resolution and network analysis. NICE Actimize's watchlist screening system is praised for its multipurpose capabilities, serving various industries and showing growth in cloud-based deployments. The report also mentions the use of predictive analytics for automated alert management.

NICE Actimize, a NICE business, wins the 2024 FinTech Breakthrough Award for 'Best AML Solution' for its entity-centric Anti-Money Laundering solutions. The award recognizes NICE Actimize's suite of AML solutions utilizing AI, data intelligence, graph analytics, anomaly detection, collective intelligence, and a unified cloud platform. Judges praised the breadth and depth of functionality of NICE Actimize's AML portfolio, including solutions like Suspicious Activity Monitoring, Sanctions and Risk Screening, and Customer Due Diligence. The award highlights NICE Actimize's commitment to modernizing transaction monitoring with advancements in AI and generative AI for AML, ensuring efficacy, accuracy, compliance coverage, and auditability. Financial institutions globally benefit from NICE Actimize's AML solutions, supporting agility, scalability, data insights, and the identification of high-risk relationships, suspicious transactions, and networks. The suite also offers support for all currencies, daily exchange rates, and language character sets, enhancing usability for clients worldwide.

NICE Actimize, a NICE business, introduces IFM 11, an AI-driven fraud management platform leveraging advanced AI and collective intelligence to enhance fraud detection accuracy and efficiency for financial services firms. The release offers comprehensive AI solutions across all fraud prevention processes, including detection, strategy, investigations, and operations, with features like intelligent data orchestration, entity risk profiling, network analytics, and Generative AI capabilities. The platform aims to protect organizations from evolving AI-driven fraud threats and scams, providing day one protection and advanced connected analytics to stay ahead of new fraud risks.

NICE Actimize, a NICE business, received the 'Best Solution - Transaction Monitoring' award at the Regulation Asia Awards for Excellence 2023. The judging panel praised its sophisticated transaction monitoring capabilities, data analytics, and AI/machine learning features. NICE Actimize's AML solutions, including Suspicious Activity Monitoring, offer over 70 AML scenarios and 250+ engineered models for financial institutions. The solution's entity resolution, advanced segmentation, predictive analytics, and alert triage reduce false positives and enhance detection efficiency.

NICE's CXone WEM receives the 2023 Future of Work Agent Experience Award from TMC for its AI-infused workforce engagement management application, enhancing agent performance and customer experiences. The platform provides flexible tools, AI-driven insights, and automation to address complex customer journeys and support contact center agents.

NICE (Nasdaq: NICE) receives Frost & Sullivan’s 2023 Customer Value Leadership Award for its AI solutions, recognized as a top-tier innovator in the CCaaS industry. NICE's established AI platform, Enlighten, leverages generative AI technology and purpose-built models to drive exceptional business outcomes. The company's True to Interval solution enhances forecasting and scheduling for mixed interaction environments, leading to strong financial performance and continuous innovation.

NICE's CXone platform selected by Triple Impact Connections for enhanced customer service and scalability. The AI-driven cloud platform offers real-time insights, improved agent performance, and omnichannel capabilities to adapt to market changes.