We performed a comparison between Forter 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."Dashboards, customization and the analytics are all good, it's user friendly."
"The process and technology in the solution are very fast, and it is bug-free."
"The most valuable feature is automation which makes our transaction capture 40 percent easier."
"The tool helped my clients track some fraudulent activities which couldn’t have been possible without the solution. Once the solution is deployed, the system of the client needs to be upgraded and overhauled to reflect the new system. The end users can see the benefits of it. The integration of the solution is increasing the customer base of our clients since more customers from other banks have decided to join the client bank due to the level of security."
"The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."
"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."
"Nice's most valuable feature would be its rule engine."
"The solution's technical support is good."
"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."
"Lacking granularity on the acceptance/rejection fraud options."
"Processes don't function when front end is down."
"I would like for it to proactively give suggestions or hints before initiating the transaction. It could make use of the data that has already occurred, like machine learning. It should learn patterns from specific countries."
"Licensing costs are high compared to other products in the market."
"From the front end side, the UI is definitely user-friendly. It is highly compatible as long as the reading is at the coding point of view. But it can't provide certain high coding. When a person clicks on any kind of scenario or alert, I would like to have a metadata help menu."
"Sometimes when we move from one version to another, a few things don't work as expected."
"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."
"It is complex in terms of daily maintenance. Other detection platforms run on a 15-day or one-month window, whereas this particular platform runs daily. Therefore, it requires daily maintenance. If there is a delay due to this daily maintenance, it creates a snowball effect impacting the subsequent days. It takes a lot of effort to catch up and get into BAU mode. It would be great if they could include certain features to make the daily processing less complex, but I don't see that happening. It is a complex product, and with each version release, it is just becoming more and more complex."
"The patch section has room for improvement."
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Forter is ranked 10th in Fraud Detection and Prevention while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. Forter is rated 9.0, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of Forter writes "Great at detecting fraudulent behavior and has reduced our financial losses". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". Forter is most compared with Riskified, Signifyd, Kount, Sift Digital Trust and Safety and ThreatMetrix, whereas Nice Actimize Fraud & Authentication Management is most compared with BAE Systems NetReveal, FICO Falcon Platform, IBM Safer Payments, Featurespace ARIC Fraud Hub and ThreatMetrix.
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