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Nice Actimize Fraud & Authentication Management vs SAS Fraud Management comparison

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Featured Review
Find out what your peers are saying about Nice Actimize Fraud & Authentication Management vs. SAS Fraud Management and other solutions. Updated: January 2022.
566,406 professionals have used our research since 2012.
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.""Nice's most valuable feature would be its rule engine.""The solution loads big data efficiently and quickly.""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 core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data.""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.""It's a very good case management system."

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"The solution is easy to use.""The security is also very good."

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Cons
"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.""Processes don't function when front end is down.""I would say — Actimize is not being moved forward by Nice.""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.""This solution is unnecessarily complex.""Could include additional customization""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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"Occasionally, there are some mechanisms that can work a bit slow."

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Pricing and Cost Advice
  • "I don't like the length of our vendor contracts because it kills our flexibility."
  • "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."
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  • "If your company has the budget, I would absolutely recommend SAS."
  • More SAS Fraud Management Pricing and Cost Advice →

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    Questions from the Community
    Top Answer: 
    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.
    Top Answer: 
    I use it for financial claims monitoring. I am using its previous version.
    Top Answer: 
    The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data.
    Top Answer: 
    We primarily use the solution for fraud prevention cases.
    Top Answer: 
    We are consultants and partners of SAS. I'm not sure if the version we are currently on is the latest version or not. In general, I would recommend the solution to other users or organizations. We've… more »
    Ranking
    Views
    1,428
    Comparisons
    747
    Reviews
    10
    Average Words per Review
    975
    Rating
    8.0
    Views
    837
    Comparisons
    620
    Reviews
    2
    Average Words per Review
    558
    Rating
    8.0
    Comparisons
    Also Known As
    Actimize, NICE Actimize, Nice Actimize Fraud and Authentication Management)
    Learn More
    Overview
    Delivers real-time, customer-centric fraud prevention that supports a holistic, enterprise-wide fraud management program.

    Respond faster to new threats. Reduce false positives for a better customer experience. SAS Fraud Management uses industry-leading data analytics and machine learning to monitor payments and nonmonetary transactions, as well as events, enabling you to identify and respond to unwanted and suspicious behavior in real time.

    Offer
    Learn more about Nice Actimize Fraud & Authentication Management
    Learn more about SAS Fraud Management
    Sample Customers
    Associated Banc-Corp
    Nets
    Top Industries
    VISITORS READING REVIEWS
    Computer Software Company33%
    Financial Services Firm22%
    Comms Service Provider16%
    Insurance Company5%
    VISITORS READING REVIEWS
    Computer Software Company37%
    Financial Services Firm22%
    Comms Service Provider12%
    Retailer5%
    Company Size
    REVIEWERS
    Small Business30%
    Large Enterprise70%
    No Data Available
    Find out what your peers are saying about Nice Actimize Fraud & Authentication Management vs. SAS Fraud Management and other solutions. Updated: January 2022.
    566,406 professionals have used our research since 2012.

    Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 10 reviews while SAS Fraud Management is ranked 7th in Fraud Detection and Prevention with 2 reviews. Nice Actimize Fraud & Authentication Management is rated 8.0, while SAS Fraud Management is rated 8.0. The top reviewer of Nice Actimize Fraud & Authentication Management writes "Offers robotics, machine learning, and enables us to reduce analysts ". On the other hand, the top reviewer of SAS Fraud Management writes "Monitor multiple channels with a single platform". Nice Actimize Fraud & Authentication Management is most compared with Featurespace ARIC Fraud Hub, FICO Falcon Platform, BAE Systems NetReveal, ThreatMetrix and Guardian Analytics Fraud Detection, whereas SAS Fraud Management is most compared with IBM Safer Payments, FICO Falcon Platform, IBM Financial Crimes Insights (FCI) and BAE Systems NetReveal. See our Nice Actimize Fraud & Authentication Management vs. SAS Fraud Management report.

    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.