We performed a comparison between FICO Falcon Platform 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."FICO is working on a local model specifically for Brazil, whereas tools from Oracle and other vendors are only developed for general use. I haven't seen any other vendors who think like that until now."
"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 solution's technical support is good."
"It's a very good product for compliance and transaction monitoring for anti-money laundering."
"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 case management tool is user friendly."
"The process and technology in the solution are very fast, and it is bug-free."
"The solution user-friendly interactive, informative and it is also very light."
"I've had bad experiences with FICO support. At the bank, we've faced critical problems where we only had minutes to find the solution, and it's hard to explain quickly. We contacted FICO, but they told us it was beyond their scope of support. They try to triage the call by asking us how much money we're losing, but I can't go into that."
"This solution is unnecessarily complex."
"Could include additional customization"
"Sometimes when we move from one version to another, a few things don't work as expected."
"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."
"Processes don't function when front end is down."
"The patch section has room for improvement."
"Licensing costs are high compared to other products in the market."
"The solution needs to mitigate and provide an update for one listener process that keeps failing."
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FICO Falcon Platform is ranked 3rd in Fraud Detection and Prevention with 1 review while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. FICO Falcon Platform is rated 10.0, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of FICO Falcon Platform writes "It can set rules to identify suspicious activity at each point of sale during every transaction". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". FICO Falcon Platform is most compared with SAS Fraud Management, ThreatMetrix, IBM Safer Payments, ACI Fraud Management and Featurespace ARIC Fraud Hub, whereas Nice Actimize Fraud & Authentication Management is most compared with BAE Systems NetReveal, IBM Safer Payments, ThreatMetrix, Guardian Analytics Fraud Detection and Featurespace ARIC Fraud Hub.
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