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 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 solution loads big data efficiently and quickly."
"It's a very good case management system."
"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."
"The process and technology in the solution are very fast, and it is bug-free."
"It's a very good product for compliance and transaction monitoring for anti-money laundering."
"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 solution user-friendly interactive, informative and it is also very light."
"Lacking granularity on the acceptance/rejection fraud options."
"This solution is unnecessarily complex."
"Licensing costs are high compared to other products in the market."
"I would say — Actimize is not being moved forward by Nice."
"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."
"The patch section has room for improvement."
"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."
"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."
"Processes don't function when front end is down."
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Earn 20 points
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, Sift Digital Trust and Safety, Kount 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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