A Vietnamese bank has picked up NICE’s real-time authentication solution to protect its customers from fraud attempts.
The RegTech’s solution and fraud prevention services are set to be implemented across the bank’s 25 branches and 30 transaction offices. The bank, which was not identified, is a leading member of the Vietnamese banking industry, according to an official release.
NICE RTA provides a caller authentication solution which can be used to validate identifies of customers from anywhere. Its platform works across multiple channels and call types or complexity, to ensure protection from identity theft and account takeovers.
NICE APAC president Darren Rushworth said, “Together with our partner BASE Business Solutions, we are happy to support the bank, a pioneer in the Vietnamese banking industry.
“The bank constantly strives to address the growing need to protect their customers against fraud and we are proud to assist in keeping their customers’ information protected, all while simplifying the process.”
NICE operates a number of protection and compliance solutions, protecting enterprises across various industries. Its Actimize solution helps to protect from money-laundering, autonomous financial crime management, fraud and authentication, and compliance.
The start-up’s Actimize platform was listed among some of the world’s most innovative RegTech companies, in the 2019 edition of the RegTech100.
Copyright © 2019 FinTech Global
Copyright © 2018 RegTech Analyst
