We performed a comparison between Forter 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."Dashboards, customization and the analytics are all good, it's user friendly."
"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."
"The most valuable feature is automation which makes our transaction capture 40 percent easier."
"The solution's technical support is good."
"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."
"The solution user-friendly interactive, informative and it is also very light."
"The process and technology in the solution are very fast, and it is bug-free."
"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."
"Lacking granularity on the acceptance/rejection fraud options."
"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."
"Licensing costs are high compared to other products in the market."
"One of the problems that our clients generally talk about is the price of the product when they have to purchase the product and the licenses for it. Those are on the higher side."
"This solution is unnecessarily complex."
"Its user interface could be better."
"The patch section has room for improvement."
"Processes don't function when front end is down."
"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."
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Earn 20 points
Forter is ranked 10th in Fraud Detection and Prevention while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. Forter is rated 9.0, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of Forter writes "Great at detecting fraudulent behavior and has reduced our financial losses". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". Forter is most compared with Riskified, Signifyd, Sift Digital Trust and Safety, Kount and ThreatMetrix, 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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