Software used by financial institutions to identify financial crime, prevent fraud and handle regulatory compliance is available from Nice Actimize, which has just launched its Money Mule Defense Solution to fight account takeover and push payment scams. The machine learning, AI-based software identifies individuals characterized as money mules because, whether unwittingly or with complicity, their bank accounts are used for deposits of fraudulent transactions. Money Mule Defense Solution detects, investigates and helps to prevent this fraud. It monitors in-bound and out-bound payments as wel...