HooYu joins financial crime management ecosystem

Helping financial services organizations keep up with a changing market landscape, NICE Actimize, a NICE business (Nasdaq: NICE) and the provider of autonomous financial crime management, has announced that HooYu has joined the X-Sight Marketplace, the industry´s first 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 company said.

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.

HooYu, experts in ID verification and fraud investigation, blends traditional methods of customer verification and PEP/Sanctions screening with real-time digital footprint analysis and facial biometrics. By adding HooYu´s capabilities with NICE Actimize´s AML and Fraud solutions, its customers can better manage their risks related to KYC/CDD, account takeover fraud, synthetic ID fraud, and payments fraud.

Technology providers such as HooYu 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.

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

HooYu are specialists in building KYC, customer on-boarding, Enhanced Due Diligence and fraud investigation products and its platforms are used by millions of users each month. Today, many organisations use its platforms, HooYu Identify, HooYu Investigate or 192.com to verify customer identity or to investigate people, places and businesses.

NICE Actimize is the largest and broadest provider of financial crime, risk and compliance solutions for regional and global financial institutions, as well as government regulators.

NICE is the worldwide provider of both cloud and on-premises enterprise software solutions that empower organizations to make smarter decisions based on advanced analytics of structured and unstructured data.