NICE Ltd - NICE STOCK NEWS

NICE Actimize, a business unit of NICE (NASDAQ: NICE), has been named a Leader in the IDC MarketScape for Worldwide Enterprise Fraud Solutions 2024 Vendor Assessment. The recognition highlights NICE Actimize's IFM Enterprise Fraud Management platform, which uses AI and machine learning for fraud prevention. The IDC report evaluated vendors based on capabilities and strategies, noting NICE Actimize's strengths in real-time fraud prevention, AML detection, and trade surveillance solutions. The platform allows financial institutions to leverage shared intelligence and cross-industry expertise to mitigate fraud risks. NICE Actimize is launching its next-generation IFM version 11, which aims to enhance fraud prevention accuracy and efficiency using AI-driven intelligent orchestration and network analytics.

NICE has been recognized as a Leader in the IDC MarketScape: Worldwide Contact Center as a Service Applications Software 2024 Vendor Assessment. This recognition underscores NICE's powerful combination of the CXone platform and Enlighten AI, which enhances customer experience through analytics, AI, and automation. The company's recent launch of CXone Mpower, a pioneering CX-aware AI solution, further strengthens its market position by leveraging historical data and customer preferences to deliver optimal outcomes. Barry Cooper, President of NICE's CX Division, highlighted this achievement as a testament to the company's innovation and leadership in the CX arena.

NICE released the 2024 International Happiness Index, revealing that 78% of consumers believe AI in customer service can enhance their satisfaction and loyalty. The study showed a gap between consumer expectations and current business offerings, with only 36% of Americans happy with customer service. Among US respondents, 30% who value AI's benefits spend more with brands offering excellent service, and 44% remain loyal. The index underscores that 90% of consumers would pay more for a superior customer experience. NICE's Enlighten AI platform aims to transform customer interactions, leveraging a vast dataset to deliver top-tier CX solutions, enhancing satisfaction and loyalty.

NICE has announced the winners of the NICE Elite Partners of the Year awards at Interactions 2024 in Las Vegas. The awards celebrate partners who have excelled in driving customer experience (CX) transformations using NICE’s CXone and Enlighten AI technologies. Accenture, C1, Telarus, Verizon, Betta, Textel, Navixus, and Chrome OS were among the winners recognized for their contributions. Barry Cooper, President of NICE's CX Division, hailed the partners for their role in advancing CX innovation and emphasized the importance of these collaborations for future growth.

NICE (Nasdaq: NICE) has announced the winners of the 2024 CX Excellence Awards at Interactions 2024, the industry's leading customer experience (CX) event. The awards honor 18 organizations across six categories for their outstanding achievements in leveraging CXone and Enlighten to enhance customer experiences and drive business results. Categories include AI Trailblazer, Digital Innovation, Change Agents, Outstanding Cloud Realization, Outstanding Customer Experience, and Outstanding Employee Engagement. Notable winners are Realtor.com, TD Bank, Sony Electronics, and DiDi Global.

NICE has launched CXone Mpower, a first-of-its-kind CX-aware AI platform integrating CXone, Copilot, Autopilot, and Actions. The platform utilizes proprietary AI to provide memory-driven, context-aware collaboration between humans and AI across customer journeys. Key features include immediate augmentation of employee performance, dynamic skill transfer between humans and AI, and full CX-awareness to enhance personalization and operational efficiency. NICE aims to close the gap between customer expectations and organizational delivery, promising enhanced customer satisfaction and agent productivity.

NICE has unveiled 1CX, an advanced Unified Communications as a Service (UCaaS) solution priced at $5 per user per month. Seamlessly integrated with NICE's CXone platform, 1CX aims to simplify communication and collaboration across organizations. This new solution offers a comprehensive cloud PBX with omnichannel support, including voice, messaging, and video services with standard CRM integration.

1CX eliminates the need for multiple applications by unifying UCaaS and CCaaS functionalities. It supports both hard and soft phone capabilities, allowing for number porting and new number creation. Currently available in the USA, 1CX will be rolled out to select international markets soon. Barry Cooper, President of NICE's CX Division, touts 1CX as a future-proof solution that enhances organizational efficiency and customer experience.

NICE (NASDAQ: NICE) has announced a new $500 million share repurchase program. The company will also accelerate its current $300 million buyback. This decision aims to enhance shareholder value and demonstrates the company's confidence in its business strength and long-term growth prospects. The share repurchases will be executed through various methods, including open market purchases and privately negotiated transactions, following U.S. securities laws. NICE intends to fund these repurchases with its strong cash flow and financial strength. The program's timing and amount will depend on business, economic, and market conditions, among other factors, and can be modified or discontinued at any time.

NICE announced securing its largest-ever CXone deal in the APAC region, valued over $100 million. The 8-digit annual contract value deal signifies NICE's market leadership and innovative CX AI capabilities. The client chose NICE’s CXone platform to replace multiple legacy systems, citing its unified, scalable suite of CX applications as superior in delivering exceptional customer and employee experiences across digital and voice channels. This deal highlights the growing trend of AI-driven cloud adoption and NICE's strong partner strategy and domain expertise.