Name: Are you protected by NICE Actimize?
Uploaded: 2020-02-21T20:37:49.000Z
Duration: 2 min 12 s
Description: Are you protected by NICE Actimize?

Customer Identity and Access Management (CIAM)

Customer Training

Help Desk

Web and Video Conferencing

Customer Support

AI Code Generation

Accessibility Testing

Performance Testing

Development

Classroom Management

Education

Business Intelligence (BI)

Collaboration

Data Extraction

Demand Planning

Emissions Management

Integrated Workplace Management (IWMS)

Online Notary

Statistical Analysis

Enterprise

Accounting

Travel Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Cloud Storage

Data Deduplication

Data Privacy Management

Data Science

DevSecOps

Email Verification

Embedded Database

Fraud Detection

IP Address Management (IPAM)

Integration Platform as a Service (iPaaS)

License Management

Network Performance Monitoring

Network Security

Open-Source Database

Operating Systems

Sensitive Data Discovery

Service Virtualization

Single Sign-On

Software Distribution

Web Portal

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Appointment Scheduling

Audience Intelligence

Competitive Intelligence

Content Management

Email Marketing

Marketing Automation

Product Sampling

Social Media Advertising

Social Media Management

Social Media Monitoring

Survey & Forms Building

Text to Speech

Web Analytics

Marketing

Project Management

Professional Services

Auction Software

Customer Relationship Management (CRM)

Lead Management

Lead-to-Account Matching and Routing

Sales Training

Sales

Application Security

Virtualization Security

Security

Banking

Equipment Rental

Fleet Management

Medical Office EMR & EHR

Vertical-Specific

Riskified

Likelihood to Recommend

Likelihood to Renew

Support Rating

ClickGUARD

Kount, an Equifax company

Equifax

SEON. Fraud Fighters

SEON Technologies

Sift Digital Trust & Safety Suite

Sift Science, Inc

Signifyd Commerce Protection Platform

Signifyd

NameScan

CGI HotScan360

Usability

Online Training

Forter

NICE Actimize is a fraud detection solution, acquired and now supported by Nice Systems since 2007.

large

small

Starter

Trust Swiftly

Identity Verification

iDenfy

IDenfy

NICE Actimize

Fraud Detection Software, and Risk Management Software, are systems designed to detect and prevent fraud in real time and secure web, mobile, and phone transactions. These platforms are tailored to the needs of financial institutions and also retail organizations who sell online, and may vary in scope along the needs of their intended users.

Demo Diaries: Ep 060 | "The Importance of Presales"

NICE Systems

Are you protected by NICE Actimize?

Financial crime moves fast, but we're faster. Our suite of anti-money laundering, fraud and compliance solutions are all driven by the power of X-Sight, our financial crime risk management platform on the cloud. Learn how we can help drive your financial crime program.

Fraud Detection Software Features

Features related to products that help users with fraud detection.

Anomaly Detection

The software uses advanced algorithms to identify patterns of behavior that deviate significantly from the norm, enabling detection of fraudulent activities.

Timely Monitoring

The system constantly monitors transactions and activities as they occur, providing immediate alerts for any suspicious or potentially fraudulent behavior.

ID Verification

The software incorporates robust identity verification mechanisms such as KYC (Know Your Customer) processes and multi-factor authentication to ensure the legitimacy of users.

Data Analysis and Pattern Recognition

Utilizing machine learning techniques, the software analyzes large volumes of data to identify patterns and correlations that may indicate fraud.

Rule-based Alerts

The system can be configured to generate alerts and notifications based on predefined rules that indicate suspicious or fraudulent behavior.

Investigation Tools

The software provides tools and workflows to manage and investigate potential fraud cases, allowing users to document findings, collaborate, and initiate appropriate actions.

External Data Integration

The system can connect with external databases, APIs, and third-party services to gather additional information and enrich the fraud detection process.

Compliance and Regulatory Support

The software incorporates features to help organizations meet compliance requirements and adhere to regulatory frameworks in the context of fraud prevention and detection.

User Interface

The software provides an intuitive and easy-to-use interface with interactive dashboards, allowing users to quickly navigate, access relevant information, and take necessary actions.

Reviews

TrustRadius is a technology and business research firm based in Austin, Texas. The company is known as a review platform for verified B2B technology and software reviews through a proprietary algorithm and human verification.

TrustRadius

Drop down

Drop down list

Electronic signatures

Design process

Different systems

Operations team

Case management

Useful and easy

Full range

Easy to operate

Ability to track

Bill payments

High risk

Scheduling process

Scoring system

Home

Fraud Detection Software

Tableau Desktop

ReadyAPI

Tableau Cloud

Oracle SQL Developer

Matrix-IFS has developed and nurtured a broad expertise across multiple solution platforms and operational models. With our intimate knowledge of the predominant case management, compliance and fraud detection solutions on the market today including Actimize.

Product Usage

Pros and Cons

The overall UI is very clean and friendly. The operations team will find the RCM Dashboard very useful and easy to operate while the analytics team will have no problem working on the policy manager for creating new fraud detection rules.
Ene to end fraud solution. Cover Card fraud, Remote Banking, Deposit fraud, Employee fraud and commercial banking.
The ability to use Actimize internal scoring system and creating additional custom scoring system . Integrating both in fraud detection scenarios.

Things done well

For some functionalities, Integration and design process involves three different systems.
In Policy manager. Fraud detection rules creation still mostly relies on free writing. The fields are available to be selected from a drop down list but the using the functions requires some experience from the user
Products DB tables are too normalized in my opinion

Things done poorly

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

All of our clients experiencing lower fraud losses on their debit solutions with the Implementation of the product

Return on Investment

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.

Alternatives Evaluated

SQL Developer, SoapUI NG Pro, Tableau Online

Other Software Used

Business Analyst

Actimize 2016-07-27 08:37:41

Oracle Financials, on ERP Cloud

Informatica Cloud Data Integration

SAS Intelligent Performance Management

Oracle Database (legacy)

SQL Server Business Intelligence Manager

Oracle Database Cloud Service

Actimize tool provides analytical solutions to the banks, brokerage firms, insurance companies which are required by the law to monitor suspicious activities and terrorist financing. As a part of regulating risks and implementing compliance programs, the firms seek out to Actimize for optimizing their mitigation systems.

Very intuitive GUI
Extremely customizable
Ease of case management and maintainance

Most of the firms that use this tool range from the biggest banks to budding financial firms. It provides custom solutions to garner the business needs and regulatory requirements which are continuously becoming complex needs for all. It is also a gradually evolving tool/product adding more and more solutions and features down it road to constantly be able to deliver to the client needs.

It has more than 300+ clients globally
employs close to 400 experts

It is widely accepted for its performance and design. They have a Case management tool that is way better than anything else in the market. I believe they have a undying demand in this space of financial crime prevention, compliance and risk management. In recent years it has augmented the transaction analytics with advanced web analytics to provide a complete solution keeping the bad guys out, then detecting and preventing fraud risk across multiple channels and products.

norkom, fortent, Oracle Financials and SAS Financial Intelligence

Informatica Enterprise Data Integration, SQL Server Business Intelligence Manager, Oracle Database as a Service

Risk Consultant

Actimize 2016-07-29 08:41:50

FIS Compliance Suite

LexisNexis InterAction

I am the previous user of the Actimize AML Case Management system which was utilized by the Compliance/AML Surveillance Department. The products allowed the firm to track, resolve and escalate AML related issues.

A strength of the system is the ability to track patterns of activity and alert users to high risk areas of business.
Additionally the system allows you to track the status of the account/alerts and further document the resolution or actions taken to address the alerts generated.

Being able to adjust the alert parameters by specific account would be helpful.

The product is well suited for broker dealers to implement their anti-money laundering (AML) programs.

Actimize has the better AML surveillance product in my opinion.

SunGard Protegent, LexisNexis InterAction

Actimize 2016-01-08 13:06:34

NICE Actimize

Overview

What is NICE Actimize?

360 Fraud Protection

My Lazy view of Actimize

AML Surveillance Made Easier

Pricing

NICE Actimize

What is NICE Actimize?

Entry-level set up fee?

Offerings

Would you like us to let the vendor know that you want pricing?

Alternatives Pricing

Trust Swiftly

What is Trust Swiftly?

iDenfy

What is iDenfy?

Product Demos

Demo Diaries: Ep 060 | "The Importance of Presales"

Product Details

What is NICE Actimize?

NICE Actimize Video

NICE Actimize Technical Details

Comparisons

Compare with

Riskified

ClickGUARD

Kount, an Equifax company

SEON. Fraud Fighters

Sift

Signifyd Commerce Protection Platform

NameScan

CGI HotScan360

Forter

Reviews and Ratings

Reviews

No reviews found