We performed a comparison between Broadcom Payment Security 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."The service works as described, the Admin console is very good along with customer service, and"
"I think for us, the value that we get out of CA is their effective scheme diagnostics."
"In terms of the fraud that we see on the card site, card not present fraud, the person gives contribution to what the total fraud has increased substantially."
"I use this product to extract cases from there and then send it to Ops to review and analyze."
"For us, it enables the bank or the issuer to offer their customers protection on their online transactions."
"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 solution is easier to set up, configure, and use than other products."
"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 solution's technical support is good."
"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 loads big data efficiently and quickly."
"The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."
"It's a very good product for compliance and transaction monitoring for anti-money laundering."
"Probably having more flexibility and working on usability and how we use the solution."
"I think improvements for us, it's making it simple enough that anybody can understand how it works."
"The service is improving with the implementation of 3D Secure 2.0."
"This solution can improve around the challenge rates and the failures."
"I had wish it would be this one, this authentication for fingerprint and face would be promising."
"Could include additional customization"
"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."
"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."
"Processes don't function when front end is down."
"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."
"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."
More Nice Actimize Fraud & Authentication Management Pricing and Cost Advice →
Earn 20 points
Broadcom Payment Security is ranked 23rd in Fraud Detection and Prevention while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. Broadcom Payment Security is rated 8.8, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of Broadcom Payment Security writes "Versatility in rule variables allows for customization and optimization". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". Broadcom Payment Security is most compared with Broadcom EMV 3-D Secure (3DS), whereas Nice Actimize Fraud & Authentication Management is most compared with BAE Systems NetReveal, FICO Falcon Platform, IBM Safer Payments, ThreatMetrix and Featurespace ARIC Fraud Hub.
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.
