NICE Actimize to Modernize its Anti-Money Laundering Compliance Program with the Power of AI

NICE Actimize, a NICE (Nasdaq: NICE) business and the provider of autonomous financial crime management, has been chosen by PT Bank Mayapada Internasional, Tbk, Jakarta, Indonesia, to launch full-scale improvements within its financial crime operations with anti-money laundering compliance and investigation management solutions that employ artificial intelligence and machine learning technology, the company said.

To more effectively meet the needs of its regulators, Bank Mayapada will implement an array of components from NICE Actimize´s Autonomous Anti-Money laundering portfolio, including Suspicious Activity Monitoring, Customer Due Diligence and Watchlist Filtering solutions.

Working with Q2 Technologies as its implementation partner, Bank Mayapada will adopt NICE Actimize´s anti-money laundering portfolio to mitigate the risk in a range of anti-money laundering activities, while supporting the institution´s own “zero-tolerance” policy against anti-money laundering financial crime.

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. Consistently ranked as number one in the space, NICE Actimize experts apply innovative technology to protect institutions and safeguard consumers and investors assets by identifying financial crime, preventing fraud and providing regulatory compliance.