F5 Shape Security vs Nice Actimize Fraud & Authentication Management comparison

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Executive Summary

We performed a comparison between F5 Shape Security and Nice Actimize Fraud & Authentication Management 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.
To learn more, read our detailed F5 Shape Security vs. Nice Actimize Fraud & Authentication Management Report (Updated: March 2024).
768,415 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 most valuable feature of the solution is the ease of configuration.""F5 Shape Security's most valuable feature is performance."

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"The solution loads big data efficiently and quickly.""The solution is easier to set up, configure, and use than other products.""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 most valuable feature is automation which makes our transaction capture 40 percent easier.""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.""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.""It's a very good product for compliance and transaction monitoring for anti-money laundering.""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."

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Cons
"The tool's price is high.""I want the solution's custom exclusion rules to be more granular."

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"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.""The solution needs to mitigate and provide an update for one listener process that keeps failing.""I would say — Actimize is not being moved forward by Nice.""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.""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.""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.""Processes don't function when front end is down.""Its user interface could be better."

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Pricing and Cost Advice
  • "The solution is moderately priced."
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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
    Top Answer:An aspect that sets automation apart as an attack vector is its ability to mimic legitimate user behavior and evade traditional security measures. Automated attacks can simulate human-like… more »
    Top Answer:One key component is the Shape Defense Engine. It sends telemetry to the Shape AI Cloud, a highly secure data system where machine learning algorithms analyze the data to detect patterns of automation… more »
    Top Answer:F5 Shape Security can protect web apps as well. It’s a bit complicated, but goes something like this: The platform employs a JavaScript-based collection of client signals to gather data on user… more »
    Top Answer:We use the solution as an anti-money laundering application to monitor financial crimes.
    Ranking
    Views
    1,068
    Comparisons
    656
    Reviews
    2
    Average Words per Review
    255
    Rating
    8.5
    Views
    3,274
    Comparisons
    869
    Reviews
    9
    Average Words per Review
    1,051
    Rating
    8.4
    Comparisons
    Also Known As
    Shape Security
    Actimize, NICE Actimize, Nice Actimize Fraud and Authentication Management)
    Learn More
    Overview

    The Shape technology platform, covered by 50+ patents, stops automated fraud and other attacks on web and mobile applications, including credential stuffing, account takeover, scraping, and unauthorized aggregation. Shape is one of the largest processors of login traffic in the world, protects more than 1.3 billion user accounts, and prevented more than $1 billion in fraud losses last year.

    Shape solutions leverage artificial intelligence and machine learning, among other technologies, to accurately determine in real-time if an application request is from a fraudulent source, and if so, effectively mitigate. As soon as new countermeasures are deployed, 5%-10% of attackers will typically attempt to retool and start a new attack. Shape solutions adapt and maintain full efficacy even as attackers evolve.

    The world's leading banks, airlines, retailers, hotel chains, and federal agencies rely on Shape as their primary line of defense against sophisticated cybercrime.

    Shape Solutions:

    Shape Recognize: Identify returning, known users of your website and reduce authentication friction for these users. This enables organizations using Recognize a persistent and secure login experience where good users face less login challenges while still increasing online safety.

    Shape AI Fraud Engine (SAFE): SAFE connects context across different browsers and devices used by the same user, as well as observations from across Shape’s entire network. This allows Shape's AI engine to drive down fraud each month as its engine consumes more data.

    F5 Device ID+: A real-time and precise device identifier using advanced signal collection and machine learning to assign a unique fingerprint to each device visiting your site. Simple deployment with immediate results for security, networking, and fraud. Better understand the unique devices visiting your applications.

    Shape Enterprise Defense: Invisibly protect every application from attack, fraud, and abuse. Defending the world's largest companies, Shape knows whether a request is bot or human driven and if the intent is malicious or benign. This allows Shape to prevent fraud in real-time; manage aggregated and partner access to applications and provide new data for better customer insights.

    Shape was recognized by Cybercrime Magazine as one of the Hot 150 Cybersecurity companies in 2019 and CB Insights 2019 AI 100 most promising artificial intelligence startups across the globe.

    Delivers real-time, customer-centric fraud prevention that supports a holistic, enterprise-wide fraud management program.
    Sample Customers
    Wells Fargo, Loblaw, JetBlue, Zoosk
    Associated Banc-Corp
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm33%
    Healthcare Company10%
    Retailer7%
    Computer Software Company6%
    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
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise9%
    Large Enterprise81%
    REVIEWERS
    Small Business24%
    Large Enterprise76%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise12%
    Large Enterprise71%
    Buyer's Guide
    F5 Shape Security vs. Nice Actimize Fraud & Authentication Management
    March 2024
    Find out what your peers are saying about F5 Shape Security vs. Nice Actimize Fraud & Authentication Management and other solutions. Updated: March 2024.
    768,415 professionals have used our research since 2012.

    F5 Shape Security is ranked 7th in Fraud Detection and Prevention with 2 reviews while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. F5 Shape Security is rated 8.6, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of F5 Shape Security writes "Easy to configure and blocks bot attacks for web users". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". F5 Shape Security is most compared with Akamai Bot Manager, Cloudflare, Akamai App and API Protector, HUMAN BotGuard for Applications and F5 Silverline Managed Services, 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 F5 Shape Security vs. Nice Actimize Fraud & Authentication Management report.

    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.