Jumio AI and biometrics added to Nice Actimize X-Sight Marketplace

Jumio has joined Nice Actimize’s X-Sight Marketplace to provide its AI and biometrics technology to help financial services organizations evaluate new point solutions and stay on top of the shifting regulatory and criminal environment.

The X-Sight marketplace is based on the X-Sight Platform-as-a-Service, and offers a unified, cost-effective was for financial services organizations to rapidly introduce innovative services and support best-in-class financial crime, risk and compliance management services, according to the announcement.

Jumio’s identity verification and biometric authentication solutions help customers meet regulatory compliance, reduce fraud and meet KYC and AML requirements while simplifying the user experience. The technology will enable NICE Actimize clients to better able to fight financial crime in new customer onboarding, increase insights in assessing customer risk, and better detect threats for money laundering and fraud risks.

“Jumio is excited to develop this partnership with NICE Actimize as we bring our unique innovation and business value to financial services organizations looking to apply advanced AI and biometrics to bolster their financial crime operations,” says Stephen Kearney, Jumio’s head of worldwide partnerships. “There is strong synergy and alignment between the industry-leading financial crime solutions and platforms that NICE Actimize offers its community. With the increased emphasis on digital identity and KYC, this is a perfect opportunity to help the community maintain compliance. We look forward to building our presence within this innovative community platform.”

“We are excited that Jumio, who shares our common goal of fighting financial crime through the benefits of a marketplace ecosystem, is partnering with us and joining the X-Sight Marketplace community,” adds 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.”

SecuredTouch and buguroo joined the X-Sight Marketplace last month and Facebanx joined in June.

Article Topics

artificial intelligence  |  biometrics  |  facial recognition  |  financial services  |  fraud prevention  |  Jumio  |  KYC  |  NICE