Nice Actimize Fraud & Authentication Management vs Riskified comparison

NICE and Riskified are both solutions in the Fraud Detection and Prevention category. NICE is ranked #2 with an average rating of 6.3, while Riskified is ranked #10. NICE holds a 6.4% mindshare in FDP, compared to Riskified’s 5.0% mindshare. Additionally, 94% of NICE users are willing to recommend the solution, compared to 100% of Riskified users who would recommend it.

Nice Actimize Fraud & Authe...

Read 18 Nice Actimize Fraud & Authentication Management reviews

2,028 Views
741 Comparison Views

94% willing to recommend

Riskified

Read 3 Riskified reviews

735 Views
581 Comparison Views

100% willing to recommend

Nice Actimize Fraud & Authe...

Riskified

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Executive SummaryUpdated on Dec 12, 2024

Nice Actimize Fraud & Authentication Management and Riskified are competing solutions in fraud prevention and authentication. Riskified appears to have the upper hand with its extensive feature set, offering capabilities that justify its higher cost compared to Nice Actimize.

Features: Nice Actimize Fraud & Authentication Management provides comprehensive fraud detection tools and adaptable authentication solutions tailored for enterprise needs. Riskified is renowned for its innovative AI-driven analytics, real-time decision-making capabilities, and adaptive proactive fraud management, particularly benefiting e-commerce sectors.

Ease of Deployment and Customer Service: Nice Actimize offers a robust deployment process with extensive traditional customer support, facilitating a seamless transition for large enterprises. Riskified provides a quick implementation process with significant support, addressing individual business needs and offering a streamlined deployment experience.

Pricing and ROI: Nice Actimize involves considerable initial setup costs yet is recognized for solid ROI due to flexible pricing options suitable for extensive operations. Riskified may require a higher upfront investment, but its proactive fraud prevention features generate swift returns, making it financially appealing with fast ROI realization.

To learn more, read our detailed Nice Actimize Fraud & Authentication Management vs. Riskified Report (Updated: June 2025).

Buyer's Guide

Nice Actimize Fraud & Authentication Management vs. Riskified

June 2025

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Helped 859,129 peers since 2012

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

Nice Actimize Fraud & Authe...

Ranking in Fraud Detection and Prevention

2nd

Average Rating

8.2

Reviews Sentiment

6.5

Number of Reviews

Ranking in other categories

No ranking in other categories

Riskified

Ranking in Fraud Detection and Prevention

10th

Average Rating

9.0

Reviews Sentiment

7.4

Number of Reviews

Ranking in other categories

No ranking in other categories

Mindshare comparison

As of June 2025, in the Fraud Detection and Prevention category, the mindshare of Nice Actimize Fraud & Authentication Management is 6.4%, up from 5.5% compared to the previous year. The mindshare of Riskified is 5.0%, up from 4.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Fraud Detection and Prevention

Featured Reviews

Jahnavi Koppala

Actimize Developer at Infosys

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.

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Jason Jay

Operations Manager at Wanderlust

Integrates well, reasonably priced, and the technical support is helpful

The most valuable features of this solution are the scoring and the yes, or no function. I am satisfied with the documentation it provides. It integrates well with other products The user interface could be more intuitive. I have been familiar with Riskified for three years. Riskified is a…

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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 good product for compliance and transaction monitoring for anti-money laundering."

"The solution loads big data efficiently and quickly."

"Nice's most valuable feature would be its rule engine."

"The process and technology in the solution are very fast, and it is bug-free."

"The case management tool is user friendly."

"It's a very good case management system."

"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."

"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."

More Nice Actimize Fraud & Authentication Management pros

"Our clients have definitely avoided losing money on multiple occasions due to fraud."

"The most valuable features of this solution are the scoring and the yes, or no function."

"The scoring mechanism is good."

Cons

"Its user interface could be better."

"Licensing costs are high compared to other products in the market."

"Could include additional customization"

"Processes don't function when front end is down."

"I would say — Actimize is not being moved forward by Nice."

"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."

"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."

"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."

More Nice Actimize Fraud & Authentication Management cons

"I can't think of any issues that we've faced that need to be improved."

"The fraud channel is a sensitive spot, so it's always complex."

"The user interface could be more intuitive."

Pricing and Cost Advice

"We need a separate license for each of the packages, such as the core package, self-development package, and customization package."

"I don't like the length of our vendor contracts because it kills our flexibility."

"It is reasonable for enterprise customers."

"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."

"It is determined by the requirements of each company."

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Top Industries

By visitors reading reviews

Financial Services Firm

44%

Computer Software Company

Comms Service Provider

Manufacturing Company

Financial Services Firm

20%

Computer Software Company

14%

Retailer

12%

Manufacturing Company

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

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...

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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...

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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...

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Comparisons

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Compared 20% of the time

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Compared 16% of the time

BAE Systems NetReveal vs Nice Actimize Fraud & Authentication Management

Compared 15% of the time

ThreatMetrix vs Nice Actimize Fraud & Authentication Management

Compared 12% of the time

SAS Fraud Management vs Nice Actimize Fraud & Authentication Management

Compared 9% of the time

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Forter vs Riskified

Compared 43% of the time

Accertify vs Riskified

Compared 14% of the time

Signifyd vs Riskified

Compared 13% of the time

Kount vs Riskified

Compared 11% of the time

Ravelin vs Riskified

Compared 11% of the time

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Product Reports

Buyer's Guide

Nice Actimize Fraud & Authentication Management

June 2025

Nice Actimize Fraud & Authentication Management report

Download Nice Actimize Fraud & Authentication Management product report

Buyer's Guide

Fraud Detection and Prevention

June 2025

Download Riskified product report

Also Known As

Actimize, NICE Actimize

No data available

Overview

Nice Actimize Fraud & Authentication Management facilitates fast data processing and effective transaction monitoring with customizable alert rules, offering robust support for compliance and security needs.

Nice Actimize Fraud & Authentication Management integrates efficiently into existing systems, processing substantial transaction volumes with responsive data handling, alert generation, and detailed reporting. Its adaptive rule engine simplifies customization, eliminating the need for development assistance. Clients benefit from automation, comprehensive case management, and a comprehensive dashboard, enhancing fraud detection and user engagement. Despite its strengths, areas needing improvement include front-end dependency management, integration capabilities, and intuitive updates.

What are the key features?

Fast Data Loading: Quickly processes large transaction volumes.
Alert Generation: Customizable alerts for proactive fraud detection.
Comprehensive Reporting: Detailed and accessible reports.
User-Friendly Interface: Facilitates easy navigation and management.
Case Management: Effective oversight for compliance activities.
Robust Rule Engine: Customization without developer input.
Wide Database Support: Integrates seamlessly with different systems.
Automation: Enhances efficiency and security measures.
Flexible Model Customization: Tailors to specific business needs.

What benefits and ROI should users expect?

Enhanced Security: Proactive detection and prevention of fraud.
Improved Compliance: Supports adherence to regulatory standards.
Operational Efficiency: Streamlines transaction processing.
Retained User Trust: Ensures consistent customer due diligence.

Financial institutions utilize Nice Actimize Fraud & Authentication Management primarily for transaction monitoring and anti-money laundering tasks. These establishments, such as banks, employ its various modules to detect fraud, manage cases, and support their compliance efforts. It aids in monitoring suspicious activities, assessing risk, and ensuring customer interactions are secure and reliable, providing visibility across multiple global branches.

NICE

Riskified's fraud detection solution protects eCommerce merchants from chargebacks while minimizing the impact of false declines on online revenues. Machine learning models eliminate the need to manually adjust fraud detection, and elastic linking drives decision speed and accuracy.

Riskified

Sample Customers

Associated Banc-Corp

ALDO, Macy's, Finish Line, Burlington, Burton Group, Sky-tours, GiftCards.com, Kirna Zabête

Buyer's Guide

Nice Actimize Fraud & Authentication Management vs. Riskified

June 2025

Free Report: Nice Actimize Fraud & Authentication Management vs. Riskified

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