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Equifax Credit Risk vs. NICE Actimize

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Equifax Credit Risk

    Score7.5 out of 10
    N/AEquifax Credit Risk Insight helps lenders build models help monitor delinquency, default, loss severity and mortgage borrower credit health trends at the loan level, across zip codes, vintages and market segments.N/A

    NICE Actimize

    Score10 out of 10
    N/ANICE Actimize is a fraud detection solution, acquired and now supported by Nice Systems since 2007.N/A
    Pricing
    Equifax Credit RiskNICE Actimize
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Equifax Credit RiskNICE Actimize
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    Equifax Credit RiskNICE Actimize
    Fraud Detection Software Features
    Comparison of Fraud Detection Software Features features of Equifax Credit Risk and NICE Actimize
    Feature
    Equifax Credit Risk
    -
    Ratings
    NICE Actimize
    10.0
    1 Ratings
    32% above category average
    Anomaly Detection00 Ratings10.01 Ratings
    Timely Monitoring00 Ratings10.01 Ratings
    Data Analysis and Pattern Recognition00 Ratings10.01 Ratings
    Rule-based Alerts00 Ratings10.01 Ratings
    Investigation Tools00 Ratings10.01 Ratings
    Compliance and Regulatory Support00 Ratings10.01 Ratings
    User Interface00 Ratings10.01 Ratings
    User Ratings
    Equifax Credit RiskNICE Actimize
    Likelihood to Recommend
    7.0
    (1 ratings)
    10.0
    (4 ratings)
    Usability
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    Equifax Credit RiskNICE Actimize
    Likelihood to Recommend
    Equifax
    Equifax Credit Risk is great for getting consumer credit reports online, pre-filled business reports online, and sometimes searching for corporate reports online. Equifax Credit Risk is not suitable for cases where the customer provides the credit application requesting to update banking and business reference information.
    Incentivized
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    NICE Systems
    If you're looking for an End to End fraud solution you should definitely consider Actimize Integrated Fraud Management. Actimize providing great support during implementation process. And i believe both Operations And Analytics teams will find this system very friendly and useful
    Incentivized
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    Pros
    Equifax
    • credit scores for applicants
    • pre loaded reports online anytime
    • consumer reports online anytime
    • credit monitoring alerts
    Incentivized
    Read full review
    NICE Systems
    • Very intuitive GUI
    • Extremely customizable
    • Ease of case management and maintainance
    Incentivized
    Read full review
    Cons
    Equifax
    • Searching for credit and banking references in specific cases is a difficult process
    • Communication channels for giving feedback are not easy to use
    • After filing our complaint, at some point we did not receive a timely and adequate response.
    Incentivized
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    NICE Systems
    • Being able to adjust the alert parameters by specific account would be helpful.
    Incentivized
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    Usability
    Equifax
    No answers on this topic
    NICE Systems
    Product is continuously optimized by the end user/customer and in line with banking applications as the go-to place. Also, KYC and AML work is key in this area which NICE Actimize offers. And DataIQ is a good offering with data intelligence helping to deal with the intelligence automation and AI trends.
    Read full review
    Alternatives Considered
    Equifax
    Equifax Credit Risk has a quick platform that is constantly evolving with the objective of benefiting the direct client, reducing response time to the end client. I like that its platform is easy to use and very intuitive. It is very secure because it uses different confirmation methods to log in with your users each time they need to log in.
    Incentivized
    Read full review
    NICE Systems
    As a fraud prevention consultant i worked both with Actimize IFM And Fico Falcon.
    For Card Fraud (debit/credit) Falcon has an advantage, but on the end to end fraud Actimize is a better investment.
    Incentivized
    Read full review
    Return on Investment
    Equifax
    • With Equifax Credit Risk we can evaluate the Credit solvency of applicant to get a open credit with us
    • With Equifax Credit Risk we reduce the risk of setting an incorrect credit limit
    • With Equifax Credit Risk we reduce the response time of a credit investigation process
    Incentivized
    Read full review
    NICE Systems
    • It has more than 300+ clients globally
    • employs close to 400 experts
    Incentivized
    Read full review
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