DNB Bank ASA selected the NICE Actimize X-Sight Enterprise platform to transform its fraud operations. The financial institution is Norway’s largest financial services group. This digital transformation program leverages cloud solutions to improve operational efficiency. Infosys collaborates as the strategic partner on this massive system integration project. Infosys delivers AI-first business consulting and technology services globally. Additionally, Infosys is a long-time partner of both DNB and NICE Actimize.
The NICE Actimize X-Sight Enterprise platform delivers performance at an enterprise scale. The cloud system supports seamless data integration, advanced analytics, and intelligent automation. DNB selected specific tools, including Suspicious Activity Monitoring and Integrated Fraud Management. Integrated Fraud Management delivers AI across all fraud prevention processes. This setup enables intelligent data orchestration. Meanwhile, Suspicious Activity Monitoring detects money laundering activities. These tools combine with network analytics to detect complex mule rings.
Advanced System Integration
DNB will also integrate several other key solutions. These solutions include ActOne Enterprise Case Management and WL-X sanctions screening. Customer Due Diligence, ActimizeWatch, and X-Sight DataIQ will also join the system. Infosys leads the end-to-end modernization as the systems integration partner. The company manages enterprise architecture design, platform integration, and data migration. Infosys consolidates customer screening, payment screening, customer due diligence, and transaction monitoring. These functions move onto a single SaaS platform.
“Protecting customers and the integrity of the financial system requires us to continuously raise the bar on detection and investigation. By working closely with Infosys and leveraging NICE Actimize’s X‑Sight Enterprise platform, we are enhancing our ability to detect, investigate, and prevent complex financial crime more effectively, while supporting our long‑term digital transformation and regulatory compliance objectives,” said Elin Sandnes, COO and Executive Vice President, Technology & Services, DNB Bank ASA.
“Financial institutions globally are seeking more intelligent, cloud‑native approaches to combat evolving financial crime. Through this collaboration with Infosys, our X‑Sight Enterprise platform’s AI-driven capabilities will help protect DNB and its customers from growing fraud and financial crimes, while boosting operational efficiency and reducing costs,” said Craig Costigan, CEO, NICE Actimize.
“Legacy systems are struggling to keep pace with the rapid evolution of financial crime. By consolidating anti‑money laundering and fraud capabilities onto an AI‑enabled enterprise cloud platform, we’re helping DNB Bank ASA move from fragmented controls to a unified, intelligence‑led operating model. This allows the bank to detect earlier, investigate smarter, and respond with greater consistency across jurisdictions. This modernization program reinforces our role as the strategic system integration and transformation lead, bringing intelligent operations to unlock AI value at scale across monitoring, detection, and investigations,” said Dennis Gada, Executive Vice President and Global Head of Banking & Financial Services, Infosys.
NICE Actimize utilizes collective intelligence to discover patterns across multiple organizations. This shared data optimizes analytics and financial models.
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News Source: Businesswire.com
