GoTyme Bank taps Nice Actimize to fight financial crime
GoTyme Bank, a digital bank based in the Philippines, has partnered up with Nice Actimize to implement its financial crime solutions.
GoTyme Bank partners Nice Actimize
Regulated by the Bangko Sentral ng Pilipinas, cloud-based GoTyme Bank leverages kiosks located in shopping malls across the Philippines to onboard users and issue personalised debit cards.
By partnering with Nice Actimize, the bank aims to utilise its artificial intelligence (AI) and analytics solutions in order to prevent financial crime and fraud.
Nice Actimize will deploy its cloud-based solutions, including anti-money laundering (AML), enterprise fraud management, monitoring of suspicious activities, customer due diligence, sanctions screening and end-to-end enterprise fraud prevention.
Commenting on the partnership, Chris Bennett, chief technology officer at GoTyme Bank, says: “When we selected Nice Actimize to support our launch, we sought a provider that could offer rapid deployment and an innovative approach to digital financial crime management.”
GoTyme Bank, which launched in July 2022, is a joint venture between Tyme, a multi-country digital banking group, and the Gokongwei Group of companies.
