09:23 PM
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Jacksonville, Fla.-based Fidelity National Information Services (FIS), a provider of core processing, card issuer and transaction processing services, has formed a strategic alliance with New York-based Actimize, a NICE company, to deliver risk case management across the enterprise.
This alliance will enable institutions to connect and investigate identified and suspected fraud activities across their organizations, replacing traditional information silos and other disconnected approaches. The alliance will deliver enterprise fraud and compliance investigation and management capabilities across the entire financial services marketplace, from small community-based institutions to large, global retail banks independent of the core platform or payment infrastructure. Financial institutions will benefit directly from this accelerated delivery resulting in a solution that will help them integrate FIS risk and fraud management solutions, and other industry applications while leveraging technology to improve regulatory compliance and productivity, and reduce fraud losses.
The Actimize Risk Case Manager technology has been used by the largest financial institutions across the globe for more than six years. In addition to gaining improved detection and compliance, Actimize clients can expect increased efficiencies and cost savings in their fraud detection activities.