We performed a comparison between Kount 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."The initial setup was absolutely straightforward. Within a week I was fully working."
"The most valuable feature is its ability to create your own ruleset and edit it whenever you want. Their reporting functionality is very helpful. It's really robust."
"It's an in-depth, all-in-one solution."
"It's a very good product for compliance and transaction monitoring for anti-money laundering."
"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 automation which makes our transaction capture 40 percent easier."
"The solution is easier to set up, configure, and use than other products."
"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 case management tool is user friendly."
"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 user-friendly interactive, informative and it is also very light."
"They could do a little bit better with chargeback management. There are other solutions out there that I've heard about, like Accertify that have a better chargeback platform where they're integrated more with the banks or in terms of how the workflow is and how you can respond to chargebacks."
"The rule system and automation could be expanded a little bit more."
"The time that is taken to go to Kount and come back should be in the order of around 100 milliseconds or less. And our context was taking around 200 to 300 milliseconds. We didn't want the extra load of 100 milliseconds to happen, so if the two rounds of stability could be cut to one, that would be very helpful."
"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."
"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."
"This solution is unnecessarily complex."
"The solution needs to mitigate and provide an update for one listener process that keeps failing."
"Could include additional customization"
"Licensing costs are high compared to other products in the market."
"Processes don't function when front end is down."
"Sometimes when we move from one version to another, a few things don't work as expected."
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Earn 20 points
Kount is ranked 8th in Fraud Detection and Prevention with 3 reviews while Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews. Kount is rated 9.0, while Nice Actimize Fraud & Authentication Management is rated 8.2. The top reviewer of Kount writes "Stable and scalable software". On the other hand, the top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". Kount is most compared with Riskified, Forter 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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