KeyBank National Association (KeyBank NA), a subsidiary of KeyCorp, one of the biggest bank-based financial services companies in the US, has tapped NICE Actimize’s Integrated Fraud Management (IFM) solutions to safeguard the bank’s next generation mobile banking technologies.
Under the partnership, NICE Actimize, a leading provider of financial crime, risk and compliance solutions for the financial services industry, will launch its IFM solutions across all of KeyBank’s operations throughout 12 states.
KeyBank further expands its fraud detection and prevention coverage with the partnership.
By leveraging NICE Actimize’s enterprise solutions, the bank’s consumers and business customers will be able to safely access mobile banking channels and applications, as well as transaction types such as Mobile Remote Deposit Capture (MRDC) and Person-to-Person (P2P).
In addition, KeyBank’s investment in the NICE Actimize Analytics Authoring Environment will enable its strategy teams to independently build predictive fraud analytics models that will allow them to stay ahead of emerging threats.
Walter Demczar, senior vice president and director of Enterprise Security Services at KeyBank, commented, “KeyBank is committed to investing in technology and systems that offer cross-channel fraud monitoring while meeting mobile banking clients’ evolving needs. We believe an enterprise-wide approach to detecting and preventing fraud is essential to our strategy of increasing our digital capabilities.”
“We are happy to extend our fraud fighting partnership with KeyBank with continued support of its enterprise approach to fraud management,” said Erez Zohar, Global Vice President & General Manager, Fraud & Cybercrime Management Solutions at NICE Actimize. “We are pleased that KeyBank has selected our industry-leading platform and solutions to help them invest in future growth.”