Nice Actimize Fraud & Authentication Management Reviews

Name: Nice Actimize Fraud & Authentication Management
Brand: NICE
Rating: 4 (17 reviews)

Vendor: NICE

4.1 out of 5

17 reviews
94% willing to recommend

405 followers

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What is Nice Actimize Fraud & Authentication Management?UNIXBusinessApplication
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Delivers real-time, customer-centric fraud prevention that supports a holistic, enterprise-wide fraud management program.

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Nice Actimize Fraud & Authentication Management is the #1 ranked solution in Fraud Detection and Prevention software. PeerSpot users give Nice Actimize Fraud & Authentication Management an average rating of 8.2 out of 10. Nice Actimize Fraud & Authentication Management is most commonly compared to ThreatMetrix: Nice Actimize Fraud & Authentication Management vs ThreatMetrix. Nice Actimize Fraud & Authentication Management is popular among the large enterprise segment, accounting for 71% of users researching this solution on PeerSpot. The top industry researching this solution are professionals from a financial services firm, accounting for 42% of all views.

Buyer's Guide

Nice Actimize Fraud & Authentication Management

April 2024

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Helped 768,578 peers since 2012

Featured reviews

Anthony Uzoh

Director, Technology Planning and Human Resource at Agate Technology Solutions

Feb 21, 2023

The systems are always open to upgrades and improvements. There are always new updates. I know some other versions that will come up. The one that has been deployed is the fifth of its kind and when we were running the test during the deployment, we encountered some technical issues. When we tried to refer to other countries where the solution was deployed, we realized that we had run the older version there. This particular version needs an improvement in the Customer Due Diligence model. There are two different modes on which the solution runs which include the batch mode and the real-time mode. Initially, the solution was running in batch mode. The real-time mode got introduced as a result of advancements in mobile technology where customers needed to access the system using their mobile devices. Real-time mode, which is the opposite of batch mode, runs the system in real time. On the other hand, batch mode runs at a specific period where you go and check what the result is. Real-time mode runs 24/7 and you can see the information updated on the database whenever you check it. It is one of the new features that this particular version came out with.

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Jahnavi Koppala

Actimize Developer at Infosys

Mar 8, 2023

I give the solution a ten out of ten. Unlike other technologies, Nice Actimize Fraud & Authentication Management is partially pre-built, making it easy to understand what needs to be done and how to complete the work. Furthermore, due to the pre-existing code, there is no need to start from scratch, providing a better understanding of the current situation and what needs to be implemented. Our organization moved to Nice Actimize Fraud & Authentication Management because the solution is an upgraded version and also it provides many benefits as we can easily activate rules. Nice Actimize Fraud & Authentication Management is very convenient and it provides easy access to everything. When utilizing the solution for the first time, always start with a lower environment such as a development environment. Only use Dell and SIT, and do not go directly to production. The solution may have an impact on the bank and large transactions.

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Rohit Singh Chauhan

Application Analyst Actimize Risk and Compliance at a tech services company with 1,001-5,000 employees

Feb 13, 2023

The product is very fast, and we use it for fraud detection. We are a merchant experience business and monitor transactions. We are the end user of the solution, and we monitor transactions we get from the Power Machine ATM website They created a new UI that is very user-friendly. For example, a…

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Nice Actimize Fraud & Authentication Management market share

As of March 2024, the market share of Nice Actimize Fraud & Authentication Management in the Fraud Detection and Prevention category stands at 3.4%, marking a decrease of 24.8% compared to the previous year, according to calculations based on PeerSpot user engagement data.

Fraud Detection and Prevention

Key learnings from peers

Valuable Features

"The solution's technical support is good."
"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 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."

Room for Improvement

"Its user interface could be better."
"Sometimes when we move from one version to another, a few things don't work as expected."
"The patch section has room for improvement."

Pricing

"It is reasonable for enterprise customers."
"We need a separate license for each of the packages, such as the core package, self-development package, and customization package."
"Nice Actimize Fraud & Authentication Management is an expensive product."

These insights are based on the in-depth reviews provided by peers to help you make a better buying decision.

Download our Nice Actimize Fraud & Authentication Management Buyer's Guide for additional reliable information.