GoTyme Bank integrates with NICE Actimize for fintech crime prevention


NICE Actimize and GoTyme Bank, a collaboration between the Gokongwei Group and Tyme, have recently announced a landmark integration.

The primary motivation for this integration is to bolster the support infrastructure for GoTyme’s newly launched cloud-only bank. This state-of-the-art bank aims to simplify account openings and offer customised debit cards via kiosks across various Philippine shopping malls.

With the backing of NICE Actimize’s sophisticated AI and analytical solutions, the bank’s financial crime fraud prevention capabilities are expected to be in alignment with its overarching goals of superior customer service and expansion.

GoTyme Bank, in its latest endeavour, marries technology with a personal touch, envisioning a future where the majority of Filipinos can avail financial services at their fingertips. The bank offers self-service options through its innovative “all in one” banking systems.

Conversely, NICE Actimize brings to the table a suite of cloud-based solutions that encompass a myriad of services, from advanced anti-money laundering measures to comprehensive fraud management tools, which include Suspicious Activity Monitoring, Customer Due Diligence (CDD-X), Sanctions Screening (WL-X), and a holistic IFM-X end-to-end enterprise fraud prevention mechanism.

This integration witnesses two giants working in unison to create a safer and more efficient banking experience for digital customers. GoTyme, renowned for its swift and efficient onboarding process, chose NICE Actimize for its reputation in rapid deployment and novel methods of digital financial crime management.

GoTyme Bank’s commitment to ushering in a new era of digital banking is evident through its partnership with an industry leader like NICE Actimize, who stands as a beacon of trust, reliability, and compliance.

GoTyme Bank Chief Technology Officer Chris Bennett said, “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. We are pleased to build a relationship with industry leader NICE Actimize, the gold standard of trust, reliability, and compliance that we offer our customers.”

NICE Actimize CEO Craig Costigan remarked, “As innovators in collective intelligence and real-time analytics, NICE Actimize looks forward to GoTyme’s new digital banking platform. With our cloud-based, real-time capabilities and rapid deployment plan, we plan to deliver exceptional performance and value in support of this unique approach to digital banking.”

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