FACEPOINT enhances NICE Actimize’s AML screening and KYC solutions

2020-12-15 01:00

NICE Actimize announced that FACEPOINT has joined the X-Sight Marketplace, bringing its facial recognition technology for advanced KYC and watch list risk screening to the ecosystem.

FACEPOINT complements and enhances NICE Actimize's AML screening and KYC solutions by offering an alternative to traditional name-based screening.

"The X-Sight Marketplace offers dozens of highly specialized capabilities which support best-in-class financial crime, risk and compliance management and which, in the case of FACEPOINT, complement our integrated AML solutions suite with enhancements to our AML and KYC risk screening capabilities."

"FACEPOINT has truly disrupted the industry's risk screening operations with its picture intelligence capabilities designed to enhance risk screening tools, understanding that identifying high-risk individuals is a growing challenge for financial institutions," said Damien Martinez, CEO and Co-Founder, FACEPOINT. "Our unique biometrics risk engine is an ideal fit with NICE Actimize's suite of anti-money laundering solutions, providing additional advanced capabilities to its robust lineup."

The NICE Actimize Integrated AML solution suite uses advanced artificial intelligence and machine learning, as well as its domain expertise and robotic process automation, to provide complete customer lifecycle risk coverage - from onboarding to ongoing CDD, EDD and transaction monitoring processes.

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