​​​​​​​​​​​​​​​​​​​​​​​​Payment Fraud Detection

​Protecting the payments revolution

As payments evolve, so must the way we fight payments fraud. With faster payments, open banking and accelerated release of new payments products, rails and services, payment fraud is not only a huge threat to your organization and your customers, but is also constantly growing and evolving. Even worse, payment fraud detection is a problem across multiple banking environments, impacting areas such as emerging payments and commercial, retail and private banking. It’s time for a solution to not only assist today, but better prepare you to stay ahead of these challenges and complexities that are inevitable in the future.

​Comprehensive payments coverage

We know that banking environments vary and the ability for you to solve fraud problems is specific to the payment types your institution offers.

Our payment fraud solutions:

  • Use NICE Actimize X-Sight AI to provide an actionable, explainable, fraud risk-score for every transaction
  • Rely on NICE Actimize ActOne alert and case management to provide you with all the tools you need to run fraud teams and operations.

Our Payment Fraud offerings protect any payment type including: TCH/RTP, P2P and Zelle, SWIFT/Wire, ACH, UK Faster Payments, BACS, SEPA payments, ATM/debit transactions, checks and various forms of domestic transfer available in different markets.

  • Defend against sophisticated, targeted and often socially-engineered, account takeover and other attacks
  • Effectively identify and protect legitimate customer transactions
  • Mitigate reputational damage to your institution

NICE Actimize provides comprehensive monitoring of the entire payment life cycle from transaction origination at the retail or commercial channel, to the point of exit onto payment rails. Our solution also takes an omni-channel approach by monitoring web, mobile, API banking, ATM/branch and other offline channels.

​Faster than the fraudsters

As Financial Institutions across the globe launch real-time payments, they need fraud management strategies that are agile enough to stay ahead of fraudsters and their fast-changing attack methods. NICE Actimize has been protecting faster payments for over a decade. By combining our expert industry knowledge and machine learning, we can identify, detect and stop fraud faster than ever. Preparing for real-time payments requires a thoughtful strategy that includes real-time detection, specialized operations and agility. We've got best practices to help you get started.

White Paper

The Rise of Fraud Threats and Canadian Payments Modernization

In this paper, learn about the state of faster payments in Canada.

White Paper

Protecting Instant Payments in the US: P2P and beyond

Read about the fraud threats facing instant payments and the best practices to protect your customers.


Protect The Clearing House Real-Time Payments

Learn how to address real-time payments challenges with fraud prevention solutions.