Nice Actimize: Launches real-time money mule detection software
- NICE Actimize is the largest and broadest provider of financial crime, risk, and compliance solutions
- Traditional payments monitoring systems often do not detect money mules’ movements
- Announced its cloud-first Money Mule Defense Solution designed to detect, investigate and prevent mule account activity
- This solution is designed to identify money mules that may either unwittingly be involved in fraudulent
- The solution identifies compromised accounts and payors by leveraging the power
- This advanced method is designed to prevent new mule accounts from being opened, and existing accounts
