NICE Actimize's Card Fraud Solution Used by Thailand's National ITMX, a Leading Interbank Payment Provider, to Detect Fraud

   NICE Actimize's Card Fraud Solution Used by Thailand's National ITMX, a
             Leading Interbank Payment Provider, to Detect Fraud

The Actimize Card Fraud Solution in production will be monitoring 70 million
ATM/debit card transactions a month for the provider's 21 member banks

PR Newswire

NEW YORK, January 15, 2013

NEW YORK, January 15, 2013 /PRNewswire/ --

NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and
broadest provider of a single financial crime, risk and compliance software
platform for the financial services industry, announced today that the
Actimize Card Fraud Solution has been successfully implemented by National
ITMX, Thailand's interbank payment provider, providing real-time fraud
detection for its 21 member banks. The implementation, fully completed in less
than six months, detects fraud in ATM/debit card transactions and will be
monitoring a total of nearly 70 million transactions per month.

The Actimize Card Fraud solution, which is part of the Actimize Integrated
Fraud Management solutions suite, is being used by ITMX as part of its card
fraud monitoring and detection system (CFMD) to monitor transactions in real
time, protect its members from fraudulent transactions, and ensure consistent
coverage across its member institutions while reducing financial losses and
operational costs. In response to the strategic roadmap developed by the Bank
of Thailand, National ITMX developed its proprietary framework - the ITMX
System - to bring Thailand's electronic commerce and payment system up to
international best practices and standards. Partnering with Stream I.T.
Consulting Ltd. in Thailand, NICE Actimize licensed the Actimize Card Fraud
solution to National ITMX earlier this year.

"Our business direction is to serve the country's strategic payment roadmap as
initiated by the Bank of Thailand and, as such, it is our duty to ensure that
our system is continually improving to cater to the needs of our members in
the areas of new service development and customer satisfaction in terms of
efficiency and added-value," said Wanna Noparbhorn, Managing Director at
National ITMX.

She added, "We selected NICE Actimize's card fraud solution because we
realized that we needed to add additional layers of security for our member
institutions, as well as create greater awareness regarding fraud. Not only
has our relationship with NICE Actimize and its partner, Stream I.T., been
positive, but we can now offer a unique service to our members.It has been
extremely beneficial to us to implement the NICE Actimize solution, as we have
been able to know and understand our customers better, and the outcome has
been rewarding."

"Our deep experience in helping financial institutions develop and execute
unique and adaptable enterprise fraud mitigation strategies has enabled us to
address National ITMX's challenges and offer a comprehensive solution to
combat fraud for its member institutions that they can adapt and add to over
time with additional capabilities," said Amir Orad, President and CEO of NICE
Actimize. "The depth of our expertise, and breadth and flexibility of our card
fraud detection technology, will enable the cardholders covered by Thailand's
system to be protected and is expected to promote adoption of electronic
payments in this fast-growing economy."

"At Stream, we worked closely with National ITMX andNICE Actimize to deliver
rapid deployment of the Actimize Card Fraud solution," said Vichu Charuchandr,
Managing Director at Stream I.T. Consulting Ltd. "In less than six months, we
commenced real-time detection streamingthrough the CFMD System. The system is
now live, servicing all 21member banksoperating in Thailand."

Actimize Integrated Fraud Management solutions deliver real-time,
customer-centric fraud prevention that support a holistic, enterprise-wide
fraud management program. The NICE Actimize Card Fraud Solution, which is part
of the Actimize Integrated Fraud Management suite, provides robust fraud
detection and case management capabilities to process high volume, real-time
transaction scoring, decisioning, alerting and resolution for signature, ATM,
PIN and card not present card transactions, efficiently preventing fraudulent
usage. Leveraging proven analytics, user-friendly policy authoring and
customer-specific fraud strategies, the NICE Actimize advanced solutions
detect more fraud with lower false positive rates, while allowing customers
continued use of cards for legitimate transactions.

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

About NICE Systems

NICE (NASDAQ: NICE) is the worldwide leader of software solutions that deliver
strategic insights by capturing and analyzing mass quantities of structured
and unstructured data in real time from multiple sources, including phone
calls, mobile apps, emails, chat, social media, and video. NICE's solutions
enable organizations to take the Next-Best-Action to improve customer
experience and business results, ensure compliance, fight financial crime, and
safeguard people and assets. NICE solutions are used by over 25,000
organizations in more than 150 countries, including over 80 of the Fortune 100

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

About National ITMX Co. Ltd

National ITMX Company limited was established to satisfy Thailand's
requirement to keep up with continuing global advancement in electronic
commerce and payment systems. Under direction from the Bank of Thailand,
National ITMX is set up to be the key infrastructure and central data
processing system that exchanges, manages, and processes data across member
banks/organizations in order to support e-commerce, electronics fund transfer,
etc. The system supports all kinds of electronic payments and funds transfer
from various banks' channels including ATMs, Counters, Internet and mobile
channels. To foster the interoperability among banks, the system created
utilizing open platform that are secured, efficient, and has the ability to
respond rapidly to the ever changing business environment, and bring
Thailand's electronic payment system to the international level.

About Stream

Stream I.T. Consulting Ltd. was established in November 1998 and is fast
becoming one of the leading Systems Integration and IT consultancies in
Thailand today. Since its foundation, the consultancy has earned a reputation
as a reliable provider of strategic business systems for transactional
bankingandFraudManagementSolution to local clients and is known for its
strengths particularly in the Banking and Telecom sectors. More information is
available at

Press Contacts:
Cindy Morgan-Olson
NICE Actimize

Florence V. Heynard
NICE Actimize

Marty Cohen
+1-212-574-3635 (ET)
Anat Earon-Heilborn
+972-9-775-3798 (CET)
NICE Systems Ltd.

SOURCE NICE Systems Ltd.
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