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IBM Safer Payments vs Nice Actimize Fraud & Authentication Management comparison

 

Comparison Buyer's Guide

Executive Summary

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

IBM Safer Payments
Ranking in Fraud Detection and Prevention
5th
Average Rating
8.0
Reviews Sentiment
7.1
Number of Reviews
2
Ranking in other categories
No ranking in other categories
Nice Actimize Fraud & Authe...
Ranking in Fraud Detection and Prevention
2nd
Average Rating
8.2
Reviews Sentiment
6.5
Number of Reviews
18
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of February 2026, in the Fraud Detection and Prevention category, the mindshare of IBM Safer Payments is 2.5%, down from 4.0% compared to the previous year. The mindshare of Nice Actimize Fraud & Authentication Management is 3.6%, down from 6.4% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention Market Share Distribution
ProductMarket Share (%)
Nice Actimize Fraud & Authentication Management3.6%
IBM Safer Payments2.5%
Other93.9%
Fraud Detection and Prevention
 

Featured Reviews

TA
Business Technology Services at Habib Bank Ltd.
Real-time fraud prevention empowers effective decision-making
The features of IBM Safer Payments that I found most valuable are the "what if" scenarios. I find "what if" scenarios very valuable for my use cases because it's easier to simulate the rules that one would want to set up and see what the outcome would be beforehand; it doesn't take too much rework or effort. I have used the transaction scoring feature of IBM Safer Payments. IBM Safer Payments adaptive machine learning models are still under review for improving the accuracy of fraud detection over time; it's not yet been fully realized because the more data you have, the better it is. Currently, the data is being populated, and it's too early to make definitive conclusions. The ability to process large volumes of transactions in real-time for my organization is very important; that will become even more important once we are doing real-time monitoring and scoring. I have benefited from the comprehensive reporting and visualization tools offered by IBM Safer Payments; they are lovely. These tools have assisted in optimizing my fraud prevention strategies because we are still building on a few things, but once you have a 360 view of the customer's transactional history, it's easier to build in rules for flagging anything that comes out of the ordinary, whether it's in terms of the number of transactions, the volume of the transactions, the location of the transactions, or all of them together. It brings in a lot of visibility into the transactional history and patterns for each customer.
RK
AML Compliance Analyst at HCLTech
Easy transaction monitoring but requires improvement in handling high user volumes
We can definitely improve the Nice Actimize Fraud & Authentication Management tool because I sometimes encounter issues while searching for particular customer transactions; it results in errors and I cannot easily find specific transactions. If there is improvement in those points, we can easily identify customer details and detect spikes in transactions to cover money laundering. Regarding specific features, I think AI should be implemented in the Nice Actimize Fraud & Authentication Management tool. AI should be integrated for better analysis and suggestions because nowadays, AI is very important for all organizations. If implemented, it can easily identify transaction details, reducing the need for extra manpower.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"It's a very fast solution. It can make decisions in 10, 20 or 30 milliseconds. Another feature is that it's a white-box solution. Our clients can see the system's operation, including the rules influencing each decision. Additionally, it's an omnichannel solution capable of utilizing information from various digital channels such as card processing, mobile banking, web banking, APMs, and others."
"This feature has influenced my decision-making processes because IBM is a big player in this market, and we were looking for someone who could handle the number of transactions that we have, support us, and also had a local presence in the market."
"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."
"The most valuable feature is automation which makes our transaction capture 40 percent easier."
"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."
"Nice's most valuable feature would be its rule engine."
"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."
"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."
"The solution's technical support is good."
 

Cons

"The tool should enhance its reporting interface by adding more graphical elements like charts, diagrams, etc. Customers now want more vibrant visuals—bright charts with larger tables, perhaps incorporating animations and 3D elements. Sometimes, it's challenging to explain to customers why the current solution, while good, lacks these kinds of visuals."
"My experience with the initial setup of IBM Safer Payments was complex. It was complex because without pre-built-in templates, you need to build integration with different systems."
"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."
"Processes don't function when front end is down."
"Its user interface could be better."
"Could include additional customization"
"Sometimes when we move from one version to another, a few things don't work as expected."
"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."
 

Pricing and Cost Advice

"I rate the solution's pricing a seven out of ten."
"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."
"Nice Actimize Fraud & Authentication Management is an expensive product."
"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."
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Top Industries

By visitors reading reviews
Financial Services Firm
43%
Computer Software Company
11%
Manufacturing Company
7%
Media Company
4%
Financial Services Firm
36%
Comms Service Provider
10%
Sports Company
6%
Retailer
5%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
By reviewers
Company SizeCount
Small Business4
Large Enterprise14
 

Questions from the Community

What needs improvement with IBM Safer Payments?
I haven't looked at IBM Safer Payments in that detail, so I wouldn't be able to answer what areas need to be improved or enhanced. I would suggest improving the integration because given that IBM S...
What is your primary use case for IBM Safer Payments?
My usual use cases for IBM Safer Payments involved real-time fraud monitoring of near real-time, not real-time, near real-time fraud monitoring on debit and credit cards, as well as mobile and inte...
What is your primary use case for Nice Actimize Fraud & Authentication Management?
I am working on Transaction Monitoring and Fraud Risk, and I have experience using the Nice Actimize Fraud & Authentication Management tool alongside World-Check and Salesforce for this purpose...
What needs improvement with Nice Actimize Fraud & Authentication Management?
We can definitely improve the Nice Actimize Fraud & Authentication Management tool because I sometimes encounter issues while searching for particular customer transactions; it results in error...
What advice do you have for others considering Nice Actimize Fraud & Authentication Management?
I have rated Nice Actimize Fraud & Authentication Management a seven out of ten. AI should be integrated into the Nice Actimize Fraud & Authentication Management tool for better analysis an...
 

Also Known As

No data available
Actimize, NICE Actimize
 

Overview

 

Sample Customers

Borgun
Associated Banc-Corp
Find out what your peers are saying about IBM Safer Payments vs. Nice Actimize Fraud & Authentication Management and other solutions. Updated: December 2025.
881,360 professionals have used our research since 2012.