We performed a comparison between FICO Falcon Platform and Nice Actimize Fraud & Authentication Management based on real PeerSpot user reviews.
Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention."FICO is working on a local model specifically for Brazil, whereas tools from Oracle and other vendors are only developed for general use. I haven't seen any other vendors who think like that until now."
"The alerts are the most valuable feature because we have different alerts. Different data is fed to Actimize. It alerts us if a transaction happened from a certain place."
"They have a very expansive transaction monitoring fleet. They have a lot of models and rules to choose from. Its flexibility or ability to customize a model is very impressive as compared to other platforms."
"The most valuable feature is the designer, which allows us to connect to UI and build things directly, such as creating a platform with our synchronizing policy manager rules, without any additional requirements."
"The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."
"I like the tracking methodology. Though it was implemented on-premises, the compliance is compatible with it. It will have certain modifications with RPM and APR. It has good exposure from a compliance point of view."
"Nice's most valuable feature would be its rule engine."
"It's a very good case management system."
"I like the score generated on the Actimize platform for each customer transaction. Those are transactions per second, accommodating millions of transactions per second. That's the best feature of Actimize."
"I've had bad experiences with FICO support. At the bank, we've faced critical problems where we only had minutes to find the solution, and it's hard to explain quickly. We contacted FICO, but they told us it was beyond their scope of support. They try to triage the call by asking us how much money we're losing, but I can't go into that."
"It would be better if it integrated with other tools. Actimize uses many databases, and everything on Actimize has been deployed to the database. On the customer side, on the front end side, if they focus more on integrating with other applications, it can make the tool better. The reporting feature and dashboards could be better. In the next release, I would like them to incorporate a Tableau-type reporting structure within this tool."
"Its user interface could be better."
"The solution needs to mitigate and provide an update for one listener process that keeps failing."
"Processes don't function when front end is down."
"I would say — Actimize is not being moved forward by Nice."
"This solution is unnecessarily complex."
"It has become too complex for its own good with a lot of versions. They are trying to do too much. Instead of keeping it sort of traditional and keeping the core search engine as a standalone and having analytical bolt-ons, they have decided to jam it all into the same product, which made the product overly complex and difficult to implement."
"One of the problems that our clients generally talk about is the price of the product when they have to purchase the product and the licenses for it. Those are on the higher side."
More Nice Actimize Fraud & Authentication Management Pricing and Cost Advice →
FICO Falcon Platform is ranked 3rd in Fraud Detection and Prevention with 1 review while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. FICO Falcon Platform is rated 10.0, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of FICO Falcon Platform writes "It can set rules to identify suspicious activity at each point of sale during every transaction". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". FICO Falcon Platform is most compared with ThreatMetrix, SAS Fraud Management, IBM Safer Payments, ACI Fraud Management and Featurespace ARIC Fraud Hub, whereas Nice Actimize Fraud & Authentication Management is most compared with BAE Systems NetReveal, IBM Safer Payments, Featurespace ARIC Fraud Hub, ThreatMetrix and Guardian Analytics Fraud Detection.
See our list of best Fraud Detection and Prevention vendors.
We monitor all Fraud Detection and Prevention reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.
