NICE Actimize vs. Sift Digital Trust & Safety Suite

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.

Incentivized

We haven't really taken advantages of the full spectrum of what the suite offers, but for the segment that we are using that identifies users across multiple accounts and devices, it performs phenomenally. In the future we'd like to enable auto-banning based on a risk index score that Sift Digital Trust & Safety Suite would contribute to.

Incentivized

• 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.

Incentivized

• Identify users across multiple accounts
• Identify users across multiple devices

Incentivized

• Not as much as I can think of

Incentivized

• Some transparency into how Sift Digital Trust & Safety Suite identifies common user patterns that lend to its intelligence model

Incentivized

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

Sift Digital Trust & Safety Suite provided the easiest integration points plus reliability compared to other vendors we evaluated. We were able to incorporate their data into a custom UI of our own to manually audit and ban users.

Incentivized

• Increased employee efficiency.

Incentivized

• It has had the positive impact of ensuring quality submissions as well as reducing payout for duplicate accounts.

Incentivized