We performed a comparison between IdentityMind 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 automated checks are excellent."
"They have a very wide variety of rules that allow you to integrate well."
"The alerts are the most valuable feature because we have different alerts. Different data is fed to Actimize. It alerts us if a transaction happened from a certain place."
"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."
"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's technical support is good."
"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."
"The solution is easier to set up, configure, and use than other products."
"Some of the language around rules and integration can certainly be improved."
"The UI at first felt like it wasn't the easiest interface to interact with."
"I would say — Actimize is not being moved forward by Nice."
"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"
"Licensing costs are high compared to other products in the market."
"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."
"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."
"The solution needs to mitigate and provide an update for one listener process that keeps failing."
"The patch section has room for improvement."
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Earn 20 points
IdentityMind is ranked 51st in Fraud Detection and Prevention while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. IdentityMind is rated 8.6, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of IdentityMind writes "Great third-party integrations, very stable and easy to set up". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". IdentityMind is most compared with , 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.
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