Market Overview

NICE Actimize Transforms Flagstar Bank's Financial Crime Strategy To Enable Future Transition to Intelligent Automation


NICE Actimize's AML and case management platform, when combined with
machine learning analytics, can reduce investigation time up to 70

NICE Actimize, a NICE (NASDAQ:NICE) business and the leader in Autonomous
Financial Crime Management
, has been chosen by Flagstar Bank to
transform and build its financial crime strategy with its new anti-money
laundering and case management solutions. The implementation will
include NICE Actimize's recently launched Suspicious
Activity Monitoring
(SAM9) solution along with Actimize
, an investigation management system that can serve as the
financial institution's next generation alert and case management

Flagstar Bank, a current customer of NICE Actimize, will kick off its
transformation efforts with the Actimize Suspicious Activity Monitoring,
SAM9, which introduces NICE Actimize's innovative concept of Autonomous
Financial Crime Management
to the SAM anti-money laundering solution
for the first time. Additionally, NICE Actimize's ActOne Management
System, when working in tandem with the AML solution, will improve
analysts' decision making while reducing investigation time for a single
alert by up to 70 percent.

"Over the course of our relationship, we have come to value NICE
Actimize for their deep industry experience and investment in
leading-edge financial crime products, such as their anti-money
laundering and advanced case management solutions, said Matthew
Paulsen, Director of BSA/AML Compliance, Flagstar Bank
. "We are
particularly excited about the synergies and the end-to-end capabilities
that SAM9 and ActOne will bring to Flagstar in helping us fight
financial crime."

"As one of our first efforts in an Autonomous Financial Crime Management
solution, this strategic assignment for NICE Actimize demonstrates the
strength and accessibility of our end-to-end offerings," said Joe
Friscia, President, NICE Actimize
. "This innovative financial crime
system can ultimately be transformed by applying AI-enabled robotics and
automation to its ecosystem. Together, our AML and ActOne solutions
provide the key to better resource utilization, increased accuracy and
productivity, and improved return on investment."

Additional assets:

  • For NICE Actimize's integrated anti-money laundering solutions, please
    click here.
  • For NICE Actimize's ActOne Investigation Management, please click here.

About Flagstar Bancorp
Flagstar Bancorp, Inc. (NYSE:FBC) is
an $18.1 billion savings and loan holding company headquartered in Troy,
Mich. Flagstar Bank, FSB, provides commercial, small business, and
consumer banking services through 107 branches in Michigan and
California. It also provides home loans through a wholesale network of
brokers and correspondents in all 50 states, as well as 88 retail
locations in 31 states, representing the combined retail branches of
Flagstar and its Opes Advisors mortgage division. Flagstar is a leading
national originator and servicer of mortgage loans, handling payments
and record keeping for $120 billion of home loans representing over
535,000 borrowers. For more information, please visit

About NICE Actimize
NICE Actimize is the largest and
broadest provider of financial crime, risk and compliance solutions for
regional and global financial institutions, as well as government
regulators. Consistently ranked as number one in the space, NICE
Actimize experts apply innovative technology to protect institutions and
safeguard consumers and investors assets by identifying financial crime,
preventing fraud and providing regulatory compliance. The company
provides real-time, cross-channel fraud prevention, anti-money
laundering detection, and trading surveillance solutions that address
such concerns as payment fraud, cybercrime, sanctions monitoring, market
abuse, customer due diligence and insider trading. Find us at,
@NICE_Actimize or Nasdaq: NICE.

About NICE
NICE (NASDAQ:NICE) is the worldwide leading
provider of both cloud and on-premises enterprise software solutions
that empower organizations to make smarter decisions based on advanced
analytics of structured and unstructured data. NICE helps organizations
of all sizes deliver better customer service, ensure compliance, combat
fraud and safeguard citizens. Over 25,000 organizations in more than 150
countries, including over 85 of the Fortune 100 companies, are using
NICE solutions.

Trademark Note: NICE and the NICE logo are trademarks or
registered trademarks of NICE Ltd. All other marks are trademarks of
their respective owners. For a full list of NICE's marks, please see:

Forward-Looking Statements
This press release
contains forward-looking statements as that term is defined in the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements, including the statements by Mr. Friscia, are based on the
current beliefs, expectations and assumptions of the management of NICE
Ltd. (the Company). In some cases, such forward-looking statements can
be identified by terms such as believe, expect, may, will, intend,
project, plan, estimate or similar words. Forward-looking statements are
subject to a number of risks and uncertainties that could cause the
actual results or performance of the Company to differ materially from
those described herein, including but not limited to the impact of the
global economic environment on the Company's customer base (particularly
financial services firms) potentially impacting our business and
financial condition; competition; changes in technology and market
requirements; decline in demand for the Company's products; inability to
timely develop and introduce new technologies, products and
applications; difficulties or delays in absorbing and integrating
acquired operations, products, technologies and personnel; loss of
market share; an inability to maintain certain marketing and
distribution arrangements; and the effect of newly enacted or modified
laws, regulation or standards on the Company and our products. For a
more detailed description of the risk factors and uncertainties
affecting the company, refer to the Company's reports filed from time to
time with the Securities and Exchange Commission, including the
Company's Annual Report on Form 20-F. The forward-looking statements
contained in this press release are made as of the date of this press
release, and the Company undertakes no obligation to update or revise
them, except as required by law.


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