Facebanx Gets Listed on NICE Actimize’s X-Sight Marketplace

NICE Actimize is putting together an X-Sight Marketplace that will consolidate a range of products and services that can help companies reduce financial crime. New solutions will be listed once they have been vetted by NICE Actimize, making it easier for enterprise-level customers to shop for and add new security features to ensure regulatory compliance.

The company went on to announce Facebanx is now one of the first companies to be listed on the new X-Sight Marketplace. Facebanx is a biometric onboarding specialist that offers multimodal biometric authentication and document verification through a live streaming platform designed to prevent the creation of fraudulent accounts.

“In the light of the latest requirements for Strong Customer Authentication within PSD2, this is a perfect opportunity to help the community meet their regulatory requirements,” said Facebanx CEO Matthew Silverstone. “We look forward to building our presence within this innovative community platform.”

“Community participants will experience a quicker time to value and minimized integration cost as they evaluate new solutions for their financial services organizations,” added NICE Actimize CEO Craig Costigan.

NICE Actimize plans to expand their offerings to include solutions for ID Verification, Device Identification, and User Authentication and Fraud, amongst other categories. The company is a NICE subsidiary that focuses on financial crime. NICE itself is best known for a variety of software solutions, including the Real-Time Authentication voice biometrics platform that was recently deployed in financial services call centers in Switzerland and Vietnam.

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July 10, 2019 – by Eric Weiss