"The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."
"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."
"Nice's most valuable feature would be its rule engine."
"The case management tool is user friendly."
"The solution user-friendly interactive, informative and it is also very light."
"It's a very good product for compliance and transaction monitoring for anti-money laundering."
"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 loads big data efficiently and quickly."
"There is excellent documentation available."
"The user interface, the portal, is very helpful in describing what attributes of concern are associated with the device."
"The most valuable thing is about the IP. They have a database of malicious IP addresses against which they check. They have a huge database for routed devices and the devices that have been used in the past to commit fraud. They have extensive historical records of all of that information, and that's probably the most valuable thing about ThreatMetrix. Over the years, they have been collecting and persisting globally across all the banking and financial services. They have been storing all this information. It is this stored information that I and my team find valuable; it is not so much their technology. If you are running it on a simulator and trying to maliciously clone and copy IP addresses and stuff like that, they have a bunch of technologies, like routes section and all the other stuff. It is just that they have something that no one else can deal with, that is, massive amounts of big data about the malicious IP addresses, malicious device fingerprinting, the fingerprinting router devices, and the fingerprints. You can query against this stored information to find out whether your app is in a good, nice environment. If yes, you get a green light. The last time I checked, there were about 400 or 500 features that they can stack against, which is pretty extensive. They give you a score against all those features for every application that you installed on it. It is pretty good in that sense."
"The most valuable feature the solution has is that it is able to do a fairly accurate fraud assessment of a credit card transaction based on a variety of parameters configured by the merchant."
"Accessible custom rules with a monthly update on performance."
"Processes don't function when front end is down."
"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."
"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."
"This solution is unnecessarily complex."
"I would say — Actimize is not being moved forward by Nice."
"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."
"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."
"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."
"Could be more intuitive and user friendly."
"We are only using one feature. We haven't found the other features to be very good or very powerful."
"It would be useful if they could offer real-time processing."
"One limitation is it only maintains six months' worth of data. It would be nice if it went back even further to help us really identify and flush out patterns that go on longer."
"SDK is probably where the biggest issue is. The SDK configuration is a bit lacking. If you are integrating it into your workflow, it is very cumbersome and very difficult to integrate. You have to understand and be an expert in low-level mobile applications to integrate this stuff. Integration should be easy based on what they are providing, but unfortunately, it is not. It is very difficult. My work has been trying to simplify the integration process because integrations bring a lot of value. Most companies don't see their value because it is such a difficult process. For integration, you have to get it right as well, but it is very difficult to get it right because they don't help you in tuning your future parameters. Because of this, it is very difficult to tune your future parameters and your risk score. If you are Uber, your risk score will be very different from a banking client that is pushing funds. These two things need to be improved for me. The rest is pretty good."
Earn 20 points
Nice Actimize Fraud & Authentication Management is ranked 1st in Fraud Detection and Prevention with 10 reviews while ThreatMetrix is ranked 2nd in Fraud Detection and Prevention with 5 reviews. Nice Actimize Fraud & Authentication Management is rated 7.8, while ThreatMetrix is rated 8.2. 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 ThreatMetrix writes "It has a huge database of malicious IP addresses and gives a score for your environment". Nice Actimize Fraud & Authentication Management is most compared with Featurespace ARIC Fraud Hub, BAE Systems NetReveal, SAS Fraud Management, FICO Falcon Platform and Broadcom Payment Security, whereas ThreatMetrix is most compared with BioCatch, iovation FraudForce, Featurespace ARIC Fraud Hub, RSA Adaptive Authentication and FICO Falcon Platform. See our Nice Actimize Fraud & Authentication Management vs. ThreatMetrix report.
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