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Nice Actimize Fraud & Authentication Management vs Riskified comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 12, 2024

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
18
Ranking in other categories
No ranking in other categories
Riskified
Ranking in Fraud Detection and Prevention
9th
Average Rating
9.0
Reviews Sentiment
7.4
Number of Reviews
3
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of January 2026, in the Fraud Detection and Prevention category, the mindshare of Nice Actimize Fraud & Authentication Management is 4.0%, down from 6.0% compared to the previous year. The mindshare of Riskified is 3.2%, down from 4.8% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention Market Share Distribution
ProductMarket Share (%)
Nice Actimize Fraud & Authentication Management4.0%
Riskified3.2%
Other92.8%
Fraud Detection and Prevention
 

Featured Reviews

RK
AML Compliance Analyst at HCLTech
Easy transaction monitoring but requires improvement in handling high user volumes
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 errors and I cannot easily find specific transactions. If there is improvement in those points, we can easily identify customer details and detect spikes in transactions to cover money laundering. Regarding specific features, I think AI should be implemented in the Nice Actimize Fraud & Authentication Management tool. AI should be integrated for better analysis and suggestions because nowadays, AI is very important for all organizations. If implemented, it can easily identify transaction details, reducing the need for extra manpower.
JJ
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…

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 case management system."
"Nice's most valuable feature would be its rule engine."
"The solution user-friendly interactive, informative and it is also very light."
"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 core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."
"The solution loads big data efficiently and quickly."
"The case management tool is user friendly."
"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."
"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

"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."
"Licensing costs are high compared to other products in the market."
"I would say — Actimize is not being moved forward by Nice."
"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."
"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."
"Its user interface could be better."
"Could include additional customization"
"The fraud channel is a sensitive spot, so it's always complex."
"The user interface could be more intuitive."
"I can't think of any issues that we've faced that need to be improved."
 

Pricing and Cost Advice

"I don't like the length of our vendor contracts because it kills our flexibility."
"We need a separate license for each of the packages, such as the core package, self-development package, and customization package."
"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."
"It is determined by the requirements of each company."
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Top Industries

By visitors reading reviews
Financial Services Firm
37%
Comms Service Provider
9%
Sports Company
6%
Retailer
5%
Financial Services Firm
17%
Retailer
13%
Computer Software Company
9%
University
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business4
Large Enterprise14
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...
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...
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Also Known As

Actimize, NICE Actimize
No data available
 

Overview

 

Sample Customers

Associated Banc-Corp
ALDO, Macy's, Finish Line, Burlington, Burton Group, Sky-tours, GiftCards.com, Kirna Zabête
Find out what your peers are saying about Nice Actimize Fraud & Authentication Management vs. Riskified and other solutions. Updated: December 2025.
881,082 professionals have used our research since 2012.