Associated Banc-Corp (ASBC) of Green Bay, Wis., will implement anti-money laundering and enterprise fraud technology products from NICE Actimize.

The $22 billion-asset bank will initially use Actimize Anti-Money Laundering that includes suspicious activity monitoring, customer due diligence and case management capabilities, the company said Thursday.

Later this year the bank will implement Actimize Integrated Fraud Management, which provides end-to-end fraud lifecycle management across multiple channels.  

At the Best Practices in Retail Financial Services conference earlier this year, compliance officers shared that it makes sense to bring the disciplines of anti money laundering and fraud prevention together, and that having the two groups share a platform helps with detection of such crimes, which are often conducted in tandem.

NICE Actimize provides a single financial crime, risk and compliance software platform for financial institutions and is part of NICE Systems (NICE).