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Featurespace ARIC Fraud Hub vs Nice Actimize Fraud & Authentication Management comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

Featurespace ARIC Fraud Hub
Ranking in Fraud Detection and Prevention
10th
Average Rating
9.0
Number of Reviews
1
Ranking in other categories
No ranking in other categories
Nice Actimize Fraud & Authe...
Ranking in Fraud Detection and Prevention
1st
Average Rating
8.2
Reviews Sentiment
6.8
Number of Reviews
17
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of November 2024, in the Fraud Detection and Prevention category, the mindshare of Featurespace ARIC Fraud Hub is 4.9%, up from 4.0% compared to the previous year. The mindshare of Nice Actimize Fraud & Authentication Management is 5.5%, down from 6.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention
 

Featured Reviews

Luis Inclan - PeerSpot reviewer
A flexible solution with a quick to navigate interface
The rule-writing language could be improved to make it more understandable. I was familiar with the Falcon expert language to write rules, so I had to get used to the new language used in this solution. In the next release, as an additional feature, it will be good to have the capability to sort and play visual effects in the fields. This will help to distinguish each record from the other. For example, we currently have a bar that shows if a person has a high or low score. If the score is 35%, the bar is considered low, and if the score moves to 99%, the bar increases. However, we don't have the capability as interface users to make this function appear in other fields where we want it displayed. We have only the score field, which is pre-configured with this functionality.
Jahnavi Koppala - PeerSpot reviewer
A good designer for the UI, stable, and scalable
I give the solution a ten out of ten. Unlike other technologies, Nice Actimize Fraud & Authentication Management is partially pre-built, making it easy to understand what needs to be done and how to complete the work. Furthermore, due to the pre-existing code, there is no need to start from scratch, providing a better understanding of the current situation and what needs to be implemented. Our organization moved to Nice Actimize Fraud & Authentication Management because the solution is an upgraded version and also it provides many benefits as we can easily activate rules. Nice Actimize Fraud & Authentication Management is very convenient and it provides easy access to everything. When utilizing the solution for the first time, always start with a lower environment such as a development environment. Only use Dell and SIT, and do not go directly to production. The solution may have an impact on the bank and large transactions.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The most valuable feature is its zero degradation model. You don't have to train the model every three to six months, and it automatically functions."
"The process and technology in the solution are very fast, and it is bug-free."
"The most valuable feature is the designer, which allows us to connect to UI and build things directly, such as creating a platform with our synchronizing policy manager rules, without any additional requirements."
"The solution user-friendly interactive, informative and it is also very light."
"The case management tool is user friendly."
"The core engine seems to be better than the rest for pattern recognition. It is able to process large amounts of data."
"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."
"It's a very good case management system."
 

Cons

"The rule-writing language could be improved to make it more understandable."
"I would say — Actimize is not being moved forward by Nice."
"Sometimes when we move from one version to another, a few things don't work as expected."
"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."
"This solution is unnecessarily complex."
"The patch section has room for improvement."
"Licensing costs are high compared to other products in the market."
"It would be better if it integrated with other tools. Actimize uses many databases, and everything on Actimize has been deployed to the database. On the customer side, on the front end side, if they focus more on integrating with other applications, it can make the tool better. The reporting feature and dashboards could be better. In the next release, I would like them to incorporate a Tableau-type reporting structure within this tool."
"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."
 

Pricing and Cost Advice

"The pricing is reasonable. It is not cheap, but it is fair."
"It is reasonable for enterprise customers."
"Nice Actimize Fraud & Authentication Management is an expensive product."
"We need a separate license for each of the packages, such as the core package, self-development package, and customization package."
"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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Top Industries

By visitors reading reviews
Financial Services Firm
45%
Computer Software Company
9%
Manufacturing Company
6%
Non Profit
4%
Financial Services Firm
41%
Computer Software Company
9%
Manufacturing Company
6%
Energy/Utilities Company
6%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

 

Also Known As

ARIC Fraud Hub, ARIC platform
Actimize, NICE Actimize, Nice Actimize Fraud and Authentication Management)
 

Learn More

 

Overview

 

Sample Customers

TSYS, OpenBet, William Hill, Zapp, Credit Reference Agency, Responsible Gambling Trust, Betfair, kPMG, Camelot
Associated Banc-Corp
Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention. Updated: October 2024.
816,406 professionals have used our research since 2012.