SecuredTouch joins NICE Actimize’s X-Sight marketplace
31 July 2019 12:41 GMT

SecuredTouch has joined the X-Sight Marketplace, a financial crime risk management-focused ecosystem designed to assist financial services organizations evaluate new point solutions and move to stay on top of a challenging regulatory and criminal environment.

The X-Sight Marketplace leverages the X-Sight Platform-as-a-Service and further expands the functionality offered by the platform. The NICE Actimize X-Sight Platform-as-a-Service offers a single, unified, cost-effective way for financial service organizations to rapidly innovate and to introduce new services while supporting best-in-class financial crime, risk and compliance management capabilities.

SecuredTouch, a global provider of behavioral biometrics-based advanced fraud detection solutions for web and mobile applications, will offer the X-Sight MarketPlace community the ability to integrate behavioral biometrics, a type of biometric based on a behavioral trait of an individual such as speech or keystroke patterns, into authentication and risk assessment processes. The SecuredTouch behavioral biometrics-based solution combines continuous authentication, advanced fraud detection and intelligence analytics, to ensure that even the most sophisticated fraud attacks are detected, while providing a frictionless user experience. The solution can address multiple use cases in a single solution, such as account takeover and new account fraud.

Technology providers such as SecuredTouch, that partner with NICE Actimize's X-Sight Marketplace ecosystem, are reviewed for their ability to complement financial crime and compliance solutions. Once approved, software and service providers become available to the NICE Actimize community via the X-Sight Marketplace. FSOs can quickly browse through X-Sight Marketplace solution categories to find scalable options that solve their unique business problems. 

"SecuredTouch welcomes this partnership with NICE Actimize as we bring innovation and business value to financial services organizations looking for more secure authentication and detection processes that bolster their financial crime operations," said Yair Finzi, CEO, SecuredTouch. "There is strong synergy and alignment between the industry-leading financial crime solutions and platforms that NICE Actimize offers its community and SecuredTouch. We look forward to building our presence within this innovative community platform."

"We are excited that SecuredTouch, who shares our common goal of fighting financial crime through the benefits of a Marketplace ecosytem, is partnering with us and joining the X-Sight Marketplace community," said 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."

Additional categories that will be added to NICE Actimize's X-Sight Marketplace from other partner participants will include: ID Verification, Ultimate Beneficial Ownership, Value-added Data & Adverse Media, Watchlist, Device Identification, and User Authentication & Fraud.