NICE Actimize has been selected by Fifth Third Bancorp to provide Customer Due Diligence (CDD) anti-money laundering software to help it move to a more automated, centrally managed environment for its customer onboarding risk assessment processes. Fifth Third will utilize NICE Actimize's Core Risk Rating Engine, which leverages extensive out-of-the-box and user-defined risk factors to systematically assess customer risk as customer characteristics change and business environments adapt. From customer onboarding to ongoing risk monitoring to account closure, the NICE Actimize CDD solution is designed to enable integrated anti-money laundering lifecycle management.