We performed a comparison between Nice Actimize Fraud & Authentication Management and Riskified based on real PeerSpot user reviews.
Find out in this report how the two Fraud Detection and Prevention solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."It's a very good product for compliance and transaction monitoring for anti-money laundering."
"The solution is easier to set up, configure, and use than other products."
"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 core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."
"The solution user-friendly interactive, informative and it is also very light."
"The solution loads big data efficiently and quickly."
"The process and technology in the solution are very fast, and it is bug-free."
"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 most valuable features of this solution are the scoring and the yes, or no function."
"The scoring mechanism is good."
"Our clients have definitely avoided losing money on multiple occasions due to fraud."
"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."
"This solution is unnecessarily complex."
"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."
"Its user interface could be better."
"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 can't think of any issues that we've faced that need to be improved."
"The user interface could be more intuitive."
"The fraud channel is a sensitive spot, so it's always complex."
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Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews while Riskified is ranked 4th in Fraud Detection and Prevention with 3 reviews. Nice Actimize Fraud & Authentication Management is rated 8.2, while Riskified is rated 9.0. The top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". On the other hand, the top reviewer of Riskified writes "Integrates well, reasonably priced, and the technical support is helpful". Nice Actimize Fraud & Authentication Management is most compared with BAE Systems NetReveal, FICO Falcon Platform, IBM Safer Payments, ThreatMetrix and Featurespace ARIC Fraud Hub, whereas Riskified is most compared with Forter, Kount, Amazon Fraud Detector, Accertify Interceptas and Signifyd. See our Nice Actimize Fraud & Authentication Management vs. Riskified report.
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