Broadcom Payment Security vs Nice Actimize Fraud & Authentication Management comparison

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Comparison Buyer's Guide
Executive Summary

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.
To learn more, read our detailed Fraud Detection and Prevention Report (Updated: March 2024).
768,740 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The service works as described, the Admin console is very good along with customer service, and""For us, it enables the bank or the issuer to offer their customers protection on their online transactions.""I use this product to extract cases from there and then send it to Ops to review and analyze.""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 think for us, the value that we get out of CA is their effective scheme diagnostics."

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"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 case management tool is user friendly.""The solution is easier to set up, configure, and use than other products.""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.""The solution loads big data efficiently and quickly.""The process and technology in the solution are very fast, and it is bug-free.""Nice's most valuable feature would be its rule engine.""It's a very good product for compliance and transaction monitoring for anti-money laundering."

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Cons
"I had wish it would be this one, this authentication for fingerprint and face would be promising.""This solution can improve around the challenge rates and the failures.""I think improvements for us, it's making it simple enough that anybody can understand how it works.""Probably having more flexibility and working on usability and how we use the solution.""The service is improving with the implementation of 3D Secure 2.0."

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"Processes don't function when front end is down.""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.""Could include additional customization""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.""The patch section has room for improvement.""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.""Licensing costs are high compared to other products in the market."

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Pricing and Cost Advice
  • "Utilize the transaction pricing model versus the active cards because the ability to monitor active cards hasn’t been good."
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  • "I don't know how licensing is handled in the current organization. I know that Actimize provides an option for yearly licensing because that's what we had in my previous job."
  • "Nice Actimize Fraud & Authentication Management is an expensive product."
  • "We need a separate license for each of the packages, such as the core package, self-development package, and customization package."
  • "It is reasonable for enterprise customers."
  • "I don't like the length of our vendor contracts because it kills our flexibility."
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    Questions from the Community
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    Top Answer:We use the solution as an anti-money laundering application to monitor financial crimes.
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    Views
    3,274
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    Reviews
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    Average Words per Review
    1,051
    Rating
    8.4
    Comparisons
    Also Known As
    CA Risk Analytics, CA Transaction Manager, CA Payment Security Suite
    Actimize, NICE Actimize, Nice Actimize Fraud and Authentication Management)
    Learn More
    Broadcom
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    Overview

    Find the balance. Payment Security delivers more secure online transactions with an excellent customer experience.

    Card-not-present (CNP) fraud costs billions of dollars annually across the globe. Issuers, processors and merchants need new applications to fight back with security that doesn’t get in the way of business.

    Broadcom has the answer. With our industry-leading authentication solutions, you benefit from:

    • The largest global consortium network of real-time transaction data
    • Patented predictive neural network models for highly accurate, real-time decision-making
    • Unsurpassed leadership in EMV 3-D Secure

    You maintain full control over your authentication strategy, fraud systems and policies. Simply said, our solutions help you lower your costs and accelerate your business success.

    Delivers real-time, customer-centric fraud prevention that supports a holistic, enterprise-wide fraud management program.
    Sample Customers
    Eurocard
    Associated Banc-Corp
    Top Industries
    REVIEWERS
    Financial Services Firm100%
    VISITORS READING REVIEWS
    Financial Services Firm30%
    Computer Software Company28%
    Real Estate/Law Firm7%
    Manufacturing Company7%
    REVIEWERS
    Financial Services Firm78%
    Computer Software Company11%
    Printing Company11%
    VISITORS READING REVIEWS
    Financial Services Firm42%
    Computer Software Company10%
    Manufacturing Company5%
    Energy/Utilities Company5%
    Company Size
    REVIEWERS
    Small Business6%
    Midsize Enterprise19%
    Large Enterprise75%
    VISITORS READING REVIEWS
    Small Business24%
    Midsize Enterprise12%
    Large Enterprise64%
    REVIEWERS
    Small Business24%
    Large Enterprise76%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise12%
    Large Enterprise71%
    Buyer's Guide
    Fraud Detection and Prevention
    March 2024
    Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention. Updated: March 2024.
    768,740 professionals have used our research since 2012.

    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.