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News

Web fraud detection recognition for Actimize

Qognify : 06 March, 2009  (New Product)
Gartner acknowledge Actimize expertise as a leader in innovation for web fraud detection
Actimize, a leading provider of transactional Risk Management software for the financial services industry and a Nice Systems company, has been positioned by Gartner in the leaders quadrant in Gartner's first Magic Quadrant for Web Fraud Detection report.

"Driven by regulations and increasing cyber attacks, the Web fraud detection market has undergone rapid growth and consolidation during the past three years," says Avivah Litan, distinguished analyst at Gartner. "Innovation is critical in this market to keep pace with difficult-to-predict cyberattacks that increasingly navigate across multiple customer service channels and the Web."

Among other things, the Gartner report highlights criteria to consider when evaluating fraud detection solutions, including cross-channel and cross-account fraud detection, real-time fraud detection and transaction-blocking, built in templates and libraries for detecting various fraud types and a policy editor, or an easy way to add rules to the fraud detection operation.

"We feel that Gartner's evaluation of Actimize in its recent Magic Quadrant validates our overall market position and the value we deliver to our clients on a daily basis," said David Sosna, CEO of Actimize. "Actimize will continue to be at the forefront of innovation by developing and delivering the most robust technology platform and solutions to help combat financial crime. Our commitment to these core goals is the reason that so many of the world's largest financial services firms select the Actimize solutions."
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