Checklist for FIs: Getting the Most Out of the ENGAGE Fraud & Financial Crime Industry Event

This is the first in a two-part series designed to provide an inside-look at ENGAGE to make navigating the busy halls and demo areas of this significant event easier

As NICE Actimize’s leadership, product teams and other financial crime fighters put the finishing touches on ENGAGE, our industry-leading fraud and financial crime industry event held in New York on June 17-18, we look at its potential from the point of view of our financial institution (FI) clients and the value they seek in their investments in our offerings and activities.

Why do hundreds of compliance officers, product experts, bank executives and even regulators attend year after year to sit in expert-led sessions that dive into the challenges facing our industry? They travel to this event to find answers – fresh approaches – and perhaps, share insights among like-minded financial institutions facing many of the same issues.

FIs actively engage with our team to identify strategies which effectively address the complex and evolving landscape of fraud and money laundering. Increasingly, FIs are requesting modern solutions that combine advanced analytics, real-time capabilities, automation, compliance features and user-centric design to stay ahead of fraud and money laundering threats, while maintaining operational efficiency. 

ENGAGE makes this search easier. This year, for the first time, we are offering our Tech & AI Exchange, where innovation meets inspiration. Here, FIs can meet with NICE Actimize tech leaders, including our Chief Technology Officer and Data Scientists, to discuss the latest advancements in technology and artificial intelligence – and provide insight into the future of financial crime and fraud prevention.

Don’t Forget the Keynotes

The event kicks off with a not-to-be missed keynote address from NICE Actimize CEO Craig Costigan. The keynote reflects his vision for the event and foreshadows where the industry is and will be going in the coming years. He will also address the impact of Agentic AI on FIs, and the new era of fraud and financial crime prevention.

Another opening-day keynote will be delivered by Damian Williams, the former United States Attorney for the Southern District of New York (SDNY), and current Litigation, Investigations and White Collar Crime partner at leading global law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Williams draws on his many years of experience as a senior leader, litigator and strategist to advise clients in high-stakes federal and state government investigations, white collar matters and sensitive internal investigations and crisis management. During his tenure at SDNY, Williams supervised significant matters involving securities and commodities fraud, public corruption, national security threats, Bank Secrecy Act and sanctions violations, cybercrime, money laundering, sex trafficking, healthcare fraud, violent crime, civil rights violations, as well as False Claims Act and environmental matters

What are FIs Digging Into? 

As FI leaders head to ENGAGE, their concerns around financial crime are multifaceted. Overall, they are focused on enhancing detection capabilities, safeguarding data, ensuring compliance and maintaining customer trust—all while adapting to the new operational realities brought on by growing financial crime typologies.

Noted Craig Costigan, CEO, NICE Actimize, “Leveraging agentic AI technology in particular is a top priority for financial institutions as we continually introduce new solutions to outsmart bad actors and protect the integrity of our financial markets.”

Additionally, we’ve observed that FI’s are eager to adopt automation tools that optimize workflow processes, such as automated alert triage, case management and reporting. These innovations help reduce manual effort, lower operational costs and improve overall efficiency. They also see significant value in technologies that improve customer experience—such as frictionless authentication and seamless onboarding—while maintaining robust security measures.

Another area of enthusiasm is the integration of broader data sources and collaborative platforms that facilitate better sharing of threat intelligence across departments and institutions. This collaborative approach strengthens defenses against cross-border and organized financial crimes.

“Sourcing and processing vast volumes of data is the vital ‘fuel’ that powers NICE Actimize’s ability to deliver cutting-edge industry intelligence and insights, enabling financial institutions worldwide to stay ahead of regulations and maintain compliance across every local jurisdiction,” said Costigan.

Finally, compliance officers are excited about solutions that enhance regulatory compliance through smarter reporting tools and transparent decision-making processes. These enable institutions to meet legal requirements more easily while maintaining trust and reputation.

In essence, their enthusiasm centers on adopting innovative, scalable and smarter technologies that empower them to stay ahead of evolving regulations, improve operational efficiency and deliver better service to their customers.

Interested in the technology discussed above? Visit the solutions showcase areas around ENGAGE and allow one of our expert technology guides to be your co-pilot and address your unique interests.

If you have not yet registered for this informative event, please preview the agenda and register here.