FICO Falcon Platform vs Nice Actimize Fraud & Authentication Management comparison

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Executive Summary

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 ThreatMetrix, NICE, Riskified and others in Fraud Detection and Prevention.
To learn more, read our detailed Fraud Detection and Prevention Report (Updated: November 2022).
656,862 professionals have used our research since 2012.
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Quotes From Members
We asked business professionals to review the solutions they use.
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Pricing and Cost Advice
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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."
  • "I don't like the length of our vendor contracts because it kills our flexibility."
  • More Nice Actimize Fraud & Authentication Management Pricing and Cost Advice →

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    Top Answer: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.
    Top Answer:I use it for financial claims monitoring. I am using its previous version.
    Top Answer:The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data.
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    Views
    2,486
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    4
    Average Words per Review
    1,579
    Rating
    7.5
    Comparisons
    Also Known As
    Falcon Platform
    Actimize, NICE Actimize, Nice Actimize Fraud and Authentication Management)
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    Overview

    Consumer banking preferences are changing - fast. Customers want to transact how and when they choose, without latency. They want a banking relationship that’s 100% convenient and 100% secure. The FICO Falcon Platform, the world’s most intelligent fraud platform, advances the consumer experience by extracting frauds from real time payment streams while remaining invisible during legitimate transactions.

    With over 70 patents in fraud-specific machine learning and AI, the FICO Falcon Platform helps financial institutions detect and prevent fraud seamlessly, in real time, all while improving the bottom line and advancing the consumer experience.

    The FICO Falcon Platform allows you to score transactions, across a rapidly expanding array of payment options, and understand customer behavior patterns so you can intelligently prevent and monitor suspicious and fraudulent behavior.

    Delivers real-time, customer-centric fraud prevention that supports a holistic, enterprise-wide fraud management program.
    Offer
    Learn more about FICO Falcon Platform
    Learn more about Nice Actimize Fraud & Authentication Management
    Sample Customers
    Associated Banc-Corp
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm42%
    Computer Software Company19%
    Comms Service Provider6%
    Energy/Utilities Company4%
    VISITORS READING REVIEWS
    Financial Services Firm35%
    Computer Software Company22%
    Comms Service Provider7%
    Insurance Company5%
    Company Size
    VISITORS READING REVIEWS
    Small Business12%
    Midsize Enterprise11%
    Large Enterprise77%
    REVIEWERS
    Small Business30%
    Large Enterprise70%
    VISITORS READING REVIEWS
    Small Business21%
    Midsize Enterprise14%
    Large Enterprise65%
    Buyer's Guide
    Fraud Detection and Prevention
    November 2022
    Find out what your peers are saying about ThreatMetrix, NICE, Riskified and others in Fraud Detection and Prevention. Updated: November 2022.
    656,862 professionals have used our research since 2012.

    FICO Falcon Platform is ranked 14th in Fraud Detection and Prevention while Nice Actimize Fraud & Authentication Management is ranked 2nd in Fraud Detection and Prevention with 4 reviews. FICO Falcon Platform is rated 0.0, while Nice Actimize Fraud & Authentication Management is rated 7.6. On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Offers robotics, machine learning, and enables us to reduce analysts ". FICO Falcon Platform is most compared with SAS Fraud Management, ThreatMetrix, IBM Safer Payments, Featurespace ARIC Fraud Hub and ACI Fraud Management, whereas Nice Actimize Fraud & Authentication Management is most compared with BAE Systems NetReveal, SAS Fraud Management, Featurespace ARIC Fraud Hub, ThreatMetrix and IBM Trusteer.

    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.