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."I think for us, the value that we get out of CA is their effective scheme diagnostics."
"For us, it enables the bank or the issuer to offer their customers protection on their online transactions."
"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 use this product to extract cases from there and then send it to Ops to review and analyze."
"The service works as described, the Admin console is very good along with customer service, and"
"The most valuable feature is the designer, which allows us to connect to UI and build things directly, such as creating a platform with our synchronizing policy manager rules, without any additional requirements."
"Nice's most valuable feature would be its rule engine."
"The most valuable feature is automation which makes our transaction capture 40 percent easier."
"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 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 case management tool is user friendly."
"The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."
"The solution is easier to set up, configure, and use than other products."
"I think improvements for us, it's making it simple enough that anybody can understand how it works."
"The service is improving with the implementation of 3D Secure 2.0."
"I had wish it would be this one, this authentication for fingerprint and face would be promising."
"Probably having more flexibility and working on usability and how we use the solution."
"This solution can improve around the challenge rates and the failures."
"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."
"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."
"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."
"This solution is unnecessarily complex."
"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."
"The solution needs to mitigate and provide an update for one listener process that keeps failing."
"Processes don't function when front end is down."
"Licensing costs are high compared to other products in the market."
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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.
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