IBM Trusteer vs Nice Actimize Fraud & Authentication Management comparison

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Executive Summary

We performed a comparison between IBM Trusteer 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.
To learn more, read our detailed Fraud Detection and Prevention Report (Updated: March 2024).
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Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The features were pretty straightforward. I just used them as I went along with very little interference all the years that I have used it."

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"Nice's most valuable feature would be its rule engine.""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 process and technology in the solution are very fast, and it is bug-free.""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.""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.""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 solution loads big data efficiently and quickly.""The case management tool is user friendly."

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Cons
"I would like them to make it as user-friendly as possible. Simplicity is what we need. Load and go.""After a Windows update, it started acting up. It blocked several programs. It became inactive after the Windows update and I had to remove Trusteer, allowing my computer to go back to its norm."

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"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.""Its user interface could be better.""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.""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.""This solution is unnecessarily complex.""The patch section has room for improvement.""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.""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."

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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."
  • "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."
  • "It is reasonable for enterprise customers."
  • "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:We use the solution as an anti-money laundering application to monitor financial crimes.
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    Also Known As
    Actimize, NICE Actimize, Nice Actimize Fraud and Authentication Management)
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    IBM
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    Overview

    IBM Trusteer Pinpoint Detect, helps protect digital channels against account takeover, fraudulent transactions, and can detect end user devices infected with high risk malware. Trusteer Pinpoint Detect is a cloud-based solution that can transparently build user profiles and continuously authenticate online identities to more efficiently differentiate between a true user and fraudsters. It is designed to enable a real-time risk assessment with an actionable recommendations, employ behavioral biometrics capabilities to seamlessly build models based on patterns of mouse movements in real-time and analyze patterns against learned user behavior and known fraud patterns, identify access using compromised credentials and provide actionable recommendations to help detect and mitigate fraudulent activities and control and create custom policies to help you rapidly build and deploy countermeasures leveraging machine learning and advanced analytics.

    Delivers real-time, customer-centric fraud prevention that supports a holistic, enterprise-wide fraud management program.
    Sample Customers
    Banco Satander
    Associated Banc-Corp
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm47%
    Computer Software Company12%
    Insurance Company6%
    Comms Service Provider5%
    REVIEWERS
    Financial Services Firm78%
    Computer Software Company11%
    Printing Company11%
    VISITORS READING REVIEWS
    Financial Services Firm42%
    Computer Software Company10%
    Manufacturing Company5%
    Energy/Utilities Company5%
    Company Size
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise8%
    Large Enterprise75%
    REVIEWERS
    Small Business24%
    Large Enterprise76%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise12%
    Large Enterprise71%
    Buyer's Guide
    Fraud Detection and Prevention
    March 2024
    Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention. Updated: March 2024.
    767,667 professionals have used our research since 2012.

    IBM Trusteer is ranked 12th in Fraud Detection and Prevention while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. IBM Trusteer is rated 9.0, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of IBM Trusteer writes "The features were pretty straightforward". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". IBM Trusteer is most compared with BioCatch, IBM Safer Payments, ThreatMetrix, F5 Shape Security and Amazon Fraud Detector, whereas Nice Actimize Fraud & Authentication Management is most compared with BAE Systems NetReveal, FICO Falcon Platform, IBM Safer Payments and ThreatMetrix.

    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.