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Target Group Makes a NICE Selection for Fraud, AML and KYC Solutions

Target Group chooses NICE Actimize’s Data IQ Clarify SaaS workflow solution to facilitate compliance with know your consumer (KYC) and anti-money laundering (AML) requirements.

Target Group, a UK-based provider of business process outsourcing and operational transformation services, has selected the company’s artificial intelligence (AI) and cloud-based solution to mitigate financial crime risks.

It will deploy both the cloud-based Fraud Essentials and AML Essentials offerings in its fight against crime.

The AML Essentials solution will be used to monitor suspicious activity while supporting customer due diligence and watchlist screening capabilities.

Likewise, the Fraud Essentials solution will accompany these efforts with real-time fraud detection, cross-channel analysis and multi-payment coverage, as well as fraud alert and case management capabilities.

The solution seeks to provide the necessary end-to-end fraud operations tools to detect fraud perpetrated against multiple payment and transaction types.

These solutions are in addition to Target Group’s selection of the company’s X-Sight DataIQ Clarify software-as-a-service (SaaS) solution.

The solution integrates disparate datasets and streamlines the customer identification, due diligence and credit investigation processes by aggregating data from a variety of data sources to return intelligence on customer profiles.

Craig Costigan, CEO of NICE Actimize
Craig Costigan, CEO, NICE Actimize

Craig Costigan, CEO of NICE Actimize, recognises how the company’s solutions will assist Target Group in satisfying its financial crime requirements.

“By offering a combination of…technology, managed services and financial crime professional support, NICE Actimize will endeavour to meet Target’s objectives while keeping its customers safe.”

NICE Actimize will also provide an all-inclusive service to Target Group in the cloud with ongoing support for tuning, testing and system health checks in addition to onboarding new portfolios as Target Group acquires new clients.

“Target Group will be onboarding our financial institution customer portfolios to the NICE Actimize platform across the entire AML and Fraud customer life cycle to prevent and detect financial crime at each stage of the product lifecycle – during origination, in-life servicing and through to maturity,” added Bethan Rich, head of financial crime at Target Group.


  • Tyler is a fintech journalist with specific interests in online banking and emerging AI technologies. He began his career writing with a plethora of national and international publications.

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