Try our new research platform with insights from 80,000+ expert users

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
4th
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 July 2025, in the Fraud Detection and Prevention category, the mindshare of IBM Safer Payments is 3.3%, down from 5.5% compared to the previous year. The mindshare of Nice Actimize Fraud & Authentication Management is 6.3%, up from 5.6% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention
 

Featured Reviews

Yurii Fedets - PeerSpot reviewer
Helps determine whether a transaction is correct or fraudulent
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 allows for transaction analysis. Moreover, it's a highly adaptable solution that can integrate machine learning, both external and internal models, making it easy to implement. Compared to competitors, it's one of the easiest solutions to implement. The tool allows historical data to be leveraged within the system to train models without needing external systems. Secondly, it supports external modeling systems, enabling customers to create and train models outside the product and then integrate them into the system. This is useful for customers who utilize other machine learning and artificial intelligence systems alongside IBM Safer Payments.
Jahnavi Koppala - PeerSpot reviewer
A good designer for the UI, stable, and scalable
I give the solution a ten out of ten. Unlike other technologies, Nice Actimize Fraud & Authentication Management is partially pre-built, making it easy to understand what needs to be done and how to complete the work. Furthermore, due to the pre-existing code, there is no need to start from scratch, providing a better understanding of the current situation and what needs to be implemented. Our organization moved to Nice Actimize Fraud & Authentication Management because the solution is an upgraded version and also it provides many benefits as we can easily activate rules. Nice Actimize Fraud & Authentication Management is very convenient and it provides easy access to everything. When utilizing the solution for the first time, always start with a lower environment such as a development environment. Only use Dell and SIT, and do not go directly to production. The solution may have an impact on the bank and large transactions.

Quotes from Members

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

Pros

"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."
"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."
"Nice's most valuable feature would be its rule engine."
"The case management tool is user friendly."
"It's a very good case management system."
"The solution is easier to set up, configure, and use than other products."
"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 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 solution's technical support is good."
"The most valuable feature is automation which makes our transaction capture 40 percent easier."
 

Cons

"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."
"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."
"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."
"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."
"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."
"Its user interface could be better."
"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."
"Sometimes when we move from one version to another, a few things don't work as expected."
"Processes don't function when front end is down."
"The solution needs to mitigate and provide an update for one listener process that keeps failing."
 

Pricing and Cost Advice

"I rate the solution's pricing a seven out of ten."
"I don't like the length of our vendor contracts because it kills our flexibility."
"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."
"It is reasonable for enterprise customers."
"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."
report
Use our free recommendation engine to learn which Fraud Detection and Prevention solutions are best for your needs.
860,745 professionals have used our research since 2012.
 

Top Industries

By visitors reading reviews
Financial Services Firm
49%
Computer Software Company
15%
Manufacturing Company
6%
University
4%
Financial Services Firm
43%
Computer Software Company
9%
Comms Service Provider
8%
Insurance Company
3%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

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 ThreatMetrix, NICE, FICO and others in Fraud Detection and Prevention. Updated: June 2025.
860,745 professionals have used our research since 2012.