We performed a comparison between Nice Actimize Fraud & Authentication Management and Riskified based on real PeerSpot user reviews.
Find out in this report how the two Fraud Detection and Prevention solutions compare in terms of features, pricing, service and support, easy of deployment, and ROI."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 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."
"The case management tool is user friendly."
"The solution user-friendly interactive, informative and it is also very light."
"The process and technology in the solution are very fast, and it is bug-free."
"The solution's technical support is good."
"It's a very good case management system."
"The most valuable features of this solution are the scoring and the yes, or no function."
"The scoring mechanism is good."
"Our clients have definitely avoided losing money on multiple occasions due to fraud."
"Licensing costs are high compared to other products in the market."
"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."
"Its user interface could be better."
"The patch section has room for improvement."
"I would say — Actimize is not being moved forward by Nice."
"Could include additional customization"
"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."
"The fraud channel is a sensitive spot, so it's always complex."
"I can't think of any issues that we've faced that need to be improved."
"The user interface could be more intuitive."
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Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 17 reviews while Riskified is ranked 4th in Fraud Detection and Prevention with 3 reviews. Nice Actimize Fraud & Authentication Management is rated 8.2, while Riskified is rated 9.0. The top reviewer of Nice Actimize Fraud & Authentication Management writes "Highly intelligent and effective for detecting fraud in transactions". On the other hand, the top reviewer of Riskified writes "Integrates well, reasonably priced, and the technical support is helpful". Nice Actimize Fraud & Authentication Management is most compared with BAE Systems NetReveal, FICO Falcon Platform, IBM Safer Payments, ThreatMetrix and Featurespace ARIC Fraud Hub, whereas Riskified is most compared with Forter, Kount, Amazon Fraud Detector, Accertify Interceptas and Signifyd. See our Nice Actimize Fraud & Authentication Management vs. Riskified report.
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