NICE Actimize IFM-X: Detection capabilities powered by AI and ML

2020-11-24 01:30

NICE Actimize announced the latest version of its Integrated Fraud Management platform that delivers advanced detection capabilities powered by artificial intelligence and machine learning.

Providing a real-time response in detection and decisioning across some of the most extensive fraud coverage available on the market, NICE Actimize's IFM-X introduces new capabilities that support financial services firms' digital acceleration strategies with fraud management solutions for digital, real-time and open banking channels.

IFM-X offers enhanced, accelerated data acquisition capabilities which enable financial institutions to leverage the vast amount of identity, device and other critical data elements required for advanced enterprise fraud management.

The advanced capabilities of IFM-X are able to power the entire suite of NICE Actimize Enterprise Fraud solutions, covering multiple payments products and servicing channels to allow organizations to stop fraud while delivering exceptional customer experiences.

Adaptable analytics offer more accurate real-time fraud detection, continuous feature engineering using Federated Learning techniques that leverage NICE Actimize's proprietary payment fraud consortium and integrated modeling tools for self-development and support for Bring Your Own Analytics.

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