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NICE Actimize integrates BehavioSec behavioral biometrics to fight fraud

 

BehavioSec has added its behavioral biometric technology to the NICE Actimize X-Sight Marketplace, enabling customers of the platform-as-a-service to use continuous authentication to fight fraud and reduce risk across digital channels.

The integration follows NICE Actimize’s approval of BehavioSec’s technology for complementing financial crime and compliance solutions, according to the announcement, and allows FSOs to quickly find the technology among the X-Sight Marketplace’s scalable offerings. BehavioSec says its biometrics help financial services, fintech, retail, and other organizations defeat relentless attacks that utilize stolen credentials. The company’s GDPR-compliant software builds user profiles to compare login attempts and session behavior against.

“BehavioSec welcomes this partnership with NICE Actimize. We have many customers in common which benefit from the frictionless, deep and continual authentication the BehavioSec solution provides. By building unique profiles which can’t be replicated, we give joint customers deeper visibility into attempted online account takeover and fraud,” states BehavioSec CEO Neil Costigan. “By joining the NICE Actimize marketplace, BehavioSec can offer customers an authentication solution which integrates with their existing operations/analytic tools and enables a frictionless mobile/web-based application experience. We look forward to building our presence on this innovative community platform.”

Integrating data from BehavioSec into the NICE Actimize Integrated Fraud Management Platform (IFM-X) enables organizations to improve the accuracy of fraud detection, while reducing friction from authentication proceses. In addition to defending against unauthorized account access, behavioral biometric data can assist in the detection of social engineering attacks which do not involve fraudulent access.

“We are excited that BehavioSec, which shares our common goal of fighting financial crime and fraud through the benefits of a marketplace ecosytem, is partnering with us and joining the X-Sight Marketplace community,” says NICE Actimize CEO Craig Costigan. “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.”

NICE has also recently added Jumio AI and biometric technology and speech or keystroke behavioral biometrics from SecuredTouch to its X-Sight Marketplace.

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