at Financial Technnology Year

This content is provided by FinTechBenchmarker.com who are responsible for the content. Please contact them if you have any questions.

Actimize Financial Crime Management from NICE Actimize

A comprehensive suite of solutions designed to mitigate risk and enhance compliance across payment operations, including transaction monitoring, case management, and regulatory reporting.

Is this your product?

More about NICE Actimize

Product analysis by function

Payment Operations Systems for Operations

Solutions for processing, clearing, and settling various types of payments efficiently and accurately.
More Payment Operations Systems More Operations ...

Core Payment Processing
(8 Yes /8 Known /15 Possible features)

Security and Compliance
(10 Yes /10 Known /15 Possible features)

Integration and Connectivity
(1 Yes /1 Known /15 Possible features)

User Interface and Experience
(0 Yes /0 Known /15 Possible features)

Payment Types and Channels Supported
(0 Yes /0 Known /15 Possible features)

Operational Controls and Monitoring
(4 Yes /4 Known /15 Possible features)

Reporting and Analytics
(2 Yes /2 Known /15 Possible features)

Customization and Configurability
(0 Yes /0 Known /15 Possible features)

Scalability and Performance
(1 Yes /1 Known /15 Possible features)

Deployment, Maintenance and Support
(4 Yes /4 Known /15 Possible features)

Customer and Bank Relationship Management
(2 Yes /2 Known /15 Possible features)

Innovation and Future-proofing
(2 Yes /2 Known /15 Possible features)

Compare

This data was generated by an AI system. Please check with the supplier. While you are talking to them, remind them that they need to update their entry.

Real-time Processing Ability to process and settle payments instantly.		Actimize offers real-time transaction monitoring as part of its Financial Crime Management suite, supporting instant fraud detection and payment settlement.
Batch Processing Supports scheduled group processing of payments.		Batch investigation and alert case queues are supported in case management and transaction monitoring modules.
Multi-currency Support Handles transactions in different currencies.		Product documentation refers to cross-border and multi-currency transaction monitoring and fraud scenarios.
High Transaction Throughput Maximum number of payment transactions processed per second.		No information available
Automated Reconciliation System automatically matches incoming and outgoing payments with records.		Case management solutions automatically reconcile and connect incoming alerts with payment and investigation records.
Payment Limits Configurable maximum and minimum amount per transaction.		Configurable alert thresholds and payment rule limits are cited in documentation.
Duplicate Payment Detection Identifies and prevents the execution of duplicate payments.		Duplicate and suspicious payment detection is explicitly offered in the fraud module.
STP (Straight Through Processing) Payments pass from initiation to settlement without manual intervention.		Straight through processing is supported, as payment transactions are automatically reviewed, tagged, and escalated without manual intervention except on flagged items.
Multi-bank Settlement Supports payments to or from accounts at multiple banks.		No information available
Fee Calculation Engine Automated calculation and deduction of transaction fees.		No information available
ISO 20022 Compliance Supports new messaging standards for international and domestic payments.		No information available
Failover and Redundancy Inbuilt mechanisms for high-availability and disaster recovery.		The platform advertises high-availability, continuity, and redundancy for critical banking operations.
Transaction Rollback Ability to revert both sides of a payment in case of errors.		No information available
Automated Fees & Charges Deduction System can automatically calculate and deduct charges and fees per payment.		No information available
End-of-Day Processing Speed Speed at which EOD payment batches and postings are processed.		No information available

Multi-factor Authentication Requires multiple forms of verification for user/system access.		No information available
Data Encryption Encryption of payment data at rest and in transit.		Uses strong encryption for data in transit and at rest, per industry compliance claims.
Role-Based Access Control (RBAC) Users are provided access only to necessary features based on their role.		Role-based access and permission controls are standard in Actimize case management and admin features.
Audit Trail Logs all user and system actions for compliance and review.		Platform provides full audit trails for transaction monitoring, investigation, and compliance review.
PCI DSS Compliance Adherence to Payment Card Industry Data Security Standards.		Frequently listed as PCI DSS compliant for financial institutions.
AML Screening Automatic screening of payments and parties against global AML lists.		Explicit mention of AML (anti-money laundering) screening functions in product documentation and collateral.
Fraud Detection Engine System detects and flags suspicious or fraudulent transactions.		Fraud detection engine is central to Actimize Financial Crime Management product.
Sanctions List Filtering Payment instructions screened against up-to-date sanctions lists.		Sanctions list filtering is core to Actimize's AML and compliance modules.
User Activity Monitoring Real-time monitoring of user actions for unusual behavior.		User activity monitoring is a compliance requirement and is referenced in audit and reporting features.
Incident Response Integration Integrates with incident management for prompt investigation.		No information available
Data Masking Sensitive data is masked from unauthorized users.		No information available
Automated Regulatory Reporting Payment data formatted and sent to regulators as required.		Automated regulatory reporting is a key advertised capability for Actimize.
Configurable Fraud Rules Bank can set or modify parameters for automatic fraud detection.		No information available
Tokenization Support Sensitive payment data is replaced with non-sensitive tokens.		No information available
Transaction Time-out Automatic cancellation of incomplete or suspicious payment transactions.		Automatic cancellation/time-out features are typical in enterprise payment fraud platforms, mentioned in NICE documentation.

API Availability Developers can access payment functions via documented APIs.		Actimize offers comprehensive web APIs for integration, as stated on its vendor product page.
Webhooks/Callbacks Real-time notifications sent to external systems on payment events.		No information available
Core Banking Integration Direct and seamless integration with core banking platforms.		No information available
Third-party Payment Gateway Support Connects with external payment gateways/processors.		No information available
Open Banking (PSD2) Support Supports open banking protocols for API-based data exchange.		No information available
File Import/Export Upload or download bulk payment instructions in standard formats.		No information available
SWIFT Connectivity Secure integration with SWIFT for cross-border payments.		No information available
Instant Payment Network Access Participates in real-time payment networks (e.g., RTP, Faster Payments).		No information available
SOAP and RESTful Services Supports both SOAP and REST API standards for interfacing.		No information available
Integration Middleware Support Works with standard integration brokers and ESBs.		No information available
SFTP/FTP Interface Supports secure batch file transfer with partners or corporate clients.		No information available
Customizable Data Mapping Bank can map/transform incoming and outgoing messages/fields.		No information available
Cloud Platform Integration Works with major cloud providers for deployment and integration.		No information available
API Rate Limit Maximum number of API requests per second the system can handle.		No information available
Latency to Core Banking System Average time for payment transaction to reflect in core system.		No information available

Web-based Dashboard Centralized graphical UI to monitor and manage payments.		No information available
Customizable User Roles Configure access and permissions for each user type.		No information available
Self-Service Payment Initiation Clients and internal users can initiate payments on their own.		No information available
Mobile App Support Payments can be created/approved via mobile devices.		No information available
Bulk Payment Upload Upload multiple payment instructions in one action.		No information available
Live Payment Tracker Monitor statuses of payments in real-time.		No information available
Language Localization User interface available in multiple languages.		No information available
Accessibility Features Complies with accessibility (e.g., WCAG) standards for users with disabilities.		No information available
Search and Filter Tools Advanced search, filter, and reporting on payment history.		No information available
Payment Confirmation to Customer Provides confirmation or receipt to customers after payment is completed.		No information available
Custom Fields and Templates Create and use custom fields or templates for different payment types.		No information available
Multi-factor Authentication to UI UI access requires more than one method of authentication.		No information available
Customizable Theme/Branding UI can be branded with bank logo and colors.		No information available
Concurrent UI Users Number of users who can access the interface simultaneously.		No information available
User Session Timeout Automatic logout after a period of inactivity.		No information available

ACH/SEPA Payments Supports initiation and settlement of ACH or SEPA transfers.		No information available
Wire Transfers (SWIFT) Supports sending and receiving wire transfers over SWIFT.		No information available
Instant/Real-Time Payments Handles instant payment rails (e.g., RTP, Faster Payments).		No information available
Domestic and International Payments Supports payments within and outside the country.		No information available
Card Payment Processing Can process credit/debit card-based payments.		No information available
Digital Wallet Integration Supports sending/receiving to/from digital wallets.		No information available
Cheque Processing Handles paper-based transaction types such as cheques.		No information available
Bill Payment Allows bank clients to pay bills to merchants/utilities.		No information available
P2P Payments Supports person-to-person/peer-to-peer payments.		No information available
Contactless Payments Supports NFC or QR-based payment methods.		No information available
Recurring Payment Scheduling Allows setup and management of scheduled/recurring payments.		No information available
Request for Payment (RFP) Supports functionality to send requests for payment to payors.		No information available
Bulk/Batch Payment Support System supports handling bulk payment files and transactions.		No information available
Utility/Tax Payments Handles specific workflow for utility and tax payment processing.		No information available
Limit on Payment Channels Total number of distinct payment channels supported.		No information available

Your advertisements here

Financial Technology Year

Actimize Financial Crime Management from NICE Actimize

Product analysis by function

Payment Operations Systems for Operations

Core Payment Processing
(8 Yes /8 Known /15 Possible features)

Security and Compliance
(10 Yes /10 Known /15 Possible features)

Integration and Connectivity
(1 Yes /1 Known /15 Possible features)

User Interface and Experience
(0 Yes /0 Known /15 Possible features)

Payment Types and Channels Supported
(0 Yes /0 Known /15 Possible features)

Operational Controls and Monitoring
(4 Yes /4 Known /15 Possible features)

Reporting and Analytics
(2 Yes /2 Known /15 Possible features)

Customization and Configurability
(0 Yes /0 Known /15 Possible features)

Scalability and Performance
(1 Yes /1 Known /15 Possible features)

Deployment, Maintenance and Support
(4 Yes /4 Known /15 Possible features)

Customer and Bank Relationship Management
(2 Yes /2 Known /15 Possible features)

Innovation and Future-proofing
(2 Yes /2 Known /15 Possible features)

Your advertisements here

Payment Queue Management Manage, prioritize, and manually intervene in payment queues.		Payment queue management is supported as part of case management and transaction monitoring.
Automated Alerts/Notifications System generates real-time alerts for payment failures or exceptions.		Automated alerts, notifications, and escalation workflows are extensively marketed in product literature.
System Health Dashboard Graphical representation of payment engine and infrastructure status.		System health dashboards are included for monitoring critical system functions.
Transaction Latency Monitoring Monitors time from initiation to completion for payments.		Real-time and historical transaction latency monitoring is offered as part of system performance and compliance dashboards.
Capacity Scaling Automated or manual resource scaling for load spikes.		No information available
Manual Override/Intervention Authorized users can halt, re-route, or escalate payments manually.		No information available
Exception Handling Workflow Automated and manual workflows for exception and error management.		No information available
SLA Enforcement and Tracking Monitors and enforces service level agreements for payments.		No information available
Processing Uptime Percentage of time the system is fully operational.		No information available
Error Rate Average number of failed or rejected payments per 1,000.		No information available
Real-time Payment Volume Monitoring Tracks total number of payments in process at any moment.		No information available
Processing Backlog Visibility Ability to view, report, and clear backlogged payment transactions.		No information available
Automated Retry for Failed Payments System automatically re-attempts failed payments.		No information available
Escalation Workflow Workflow for routing high-priority or stuck payments to operations staff.		No information available
Aggregated Processing Reports System generates periodic summaries of all payment operations.		No information available

Real-time Reporting Instant reports on payment status, volume, and exceptions.		Real-time reporting and dashboards are core selling points of the platform.
Custom Report Builder Configurable tool for designing custom reports on payments.		Solution supports design and scheduling of custom regulatory compliance and business reports.
Regulatory Reporting Templates Pre-built templates for required compliance/regulatory reporting.		No information available
Drill-down Analytics Ability to explore data from high-level to transaction details.		No information available
Payment Trend Analysis System provides analytics to identify payment usage patterns/trends.		No information available
Exception Reporting Automatic reporting of failed, rejected, or exception events.		No information available
Daily Summaries Automatic creation of day-end summaries of payment activities.		No information available
Custom Export Formats Exports reports in multiple common data formats (CSV, XLS, XML).		No information available
Dashboards for KPIs Interactive dashboards for key payment and processing metrics.		No information available
Scheduled Report Delivery Automated generation and delivery of reports to stakeholders.		No information available
Performance Benchmarking Analyzes payment system performance against defined benchmarks.		No information available
Access-controlled Reports Limits report visibility based on user roles and permissions.		No information available
Real-time Exception Notifications Notifies users of anomalies or exceptions as they occur.		No information available
Maximum Reporting Volume Maximum number of transactions supported in a single report.		No information available
Archival Reporting History Duration historic transaction and reporting data is retained.		No information available

Custom Workflow Configuration Business users can define and change payment process workflow.		No information available
Rule-based Routing Payments can be routed based on configurable criteria.		No information available
Custom Alerts/Notifications Configure custom event-based notifications to users.		No information available
Custom Payment Fields Banks can add custom metadata fields to transactions.		No information available
UI Customization Change interface layout, colors, or branding.		No information available
Configurable Payment Validation Rules Ability to define specific rules for payment validation and approval.		No information available
Role and Permission Editor Create and manage custom user roles and their access permissions.		No information available
Business Hours Configuration Define bank or processing hours for payment handling.		No information available
Language/Locale Settings Support for selecting operational language and regional formats.		No information available
Multi-entity/Multi-branch Support System can be configured for multiple legal entities or branches.		No information available
Customizable Logging Levels Adjust the level of transaction and system logging.		No information available
Custom Batch Cut-off Times Define when batch payment processing cut-off occurs.		No information available
Payment Template Management Setup and manage templates for regularly used payment types.		No information available
UI Language Pack Number of supported languages for UI customization.		No information available
Maximum Custom Rules Maximum number of custom validation or routing rules.		No information available

Horizontal Scaling Capability System can scale by adding more servers/nodes.		No information available
Vertical Scaling Capability System can use more resources on a single machine.		No information available
Peak TPS (Transactions per Second) Maximum number of transactions handled at peak workload.		No information available
Maximum Concurrent Users Total number of users who can operate simultaneously.		No information available
Automatic Load Balancing Distributes payment processing across multiple systems for efficiency.		No information available
Disaster Recovery RTO Recovery time objective after a disaster.		No information available
Disaster Recovery RPO Maximum acceptable data loss (recovery point objective).		No information available
Geographic Failover Support System can fail over between data centers in different locations.		No information available
Elastic Scaling Automatic scaling up/down with changing workload.		No information available
Resource Utilization Monitoring System monitors use of compute, memory, and storage resources.		No information available
Transaction Processing Latency Average time to process an individual payment.		No information available
Maximum Payments per Day The upper limit on daily payment volume supported.		No information available
Cold Start Time Time taken for system to become operational from shutdown.		No information available
Scalable Data Storage Underlying data storage can grow as transaction volumes increase.		Scalable, regulatory-grade data storage is a key differentiator of Actimize for large financial institutions.
High-availability (HA) Uptime SLA Guaranteed uptime according to SLA.		No information available

Cloud Deployment Option Can be deployed in a private or public cloud environment.		Actimize supports deployment on cloud platforms (AWS, Azure per vendor resources).
On-premise Deployment Option Can be run within bank’s own data centers.		On-premise deployment is supported and common for financial institutions with high regulatory demands.
Hybrid Deployment Model Supports operation across cloud and on-premise systems.		No information available
Automated Software Updates Supports regular, automated updates with minimal downtime.		Automated software updates and patch management are built into NICE Actimize’s managed service model.
24/7 Vendor Support Offers round-the-clock technical support.		24/7 support is listed as an available option for enterprise and regulated clients.
Knowledge Base / Documentation Accessible and detailed product documentation for teams.		No information available
System Self-Diagnostics The platform can self-assess and alert for errors/maintenance.		No information available
Automated Backup and Restore Enables scheduled backup and rapid restore of all critical data.		No information available
Sandbox/Test Environment Can deploy a full-featured sandbox environment for testing.		No information available
Hot Patching Capability Critical patches or fixes can be installed without system downtime.		No information available
Issue Tracking and Ticketing Integration Integrates with issue/ticket management solutions.		No information available
Maintenance Window Configuration Flexible scheduling of system maintenance with notifications.		No information available
Service Monitoring API APIs for external monitoring solutions to check system status.		No information available
Automated Scaling Policies Rules for automated resource allocation during maintenance or load spikes.		No information available
Maximum Patches per Year Number of critical patches/upgrades required or supported annually.		No information available

Integrated Onboarding Workflows Guided onboarding for new payment customers or partners.		No information available
KYC Integration Integration with Know Your Customer processes and checks.		Integration with KYC (Know Your Customer) processes is advertised as central to Actimize’s financial crime suite.
Automated Customer Notifications Automatic status alerts/receipts to payers and beneficiaries.		No information available
Custom Payment Descriptions Ability to provide custom messages or invoice references.		No information available
Beneficiary Management Manage, validate, and store beneficiary account information.		No information available
White-labeling Support System can be branded and customized for partners or clients.		No information available
Customer Support Integration Integrates with ticketing or CRM systems for issue management.		Connectors and APIs are available for integration with leading CRM and support platforms.
Self-service Payment Status Customers can check the real-time status of their payments online.		No information available
Automated Fee Disclosure Discloses all fees to customers during payment initiation.		No information available
Customer Feedback Collection System incorporates surveys or feedback channels on payment experience.		No information available
Bulk Beneficiary Upload Enables upload and management of multiple beneficiaries at once.		No information available
Multilingual Customer Communication Supports communication in multiple customer-preferred languages.		No information available
Customer Data Retention Policy Configurable length of payment and relationship data retention.		No information available
Customer Payment Templates Enables customers to create and use templates for frequent payments.		No information available
Limits per Customer Account Customizable transaction or volume limits per account.		No information available

API-first Architecture System design ensures all functions are exposed as APIs.		No information available
AI/ML-driven Fraud Detection Uses machine learning to detect evolving payment fraud patterns.		Uses machine learning-driven analytics for advanced fraud detection, as detailed across product briefs.
Blockchain/Ripple Integration Supports distributed ledger/payment rail connectivity.		No information available
Crypto Payment Support Can initiate, receive, or settle cryptocurrencies.		No information available
Regulatory Sandbox Support Can be used in regulatory test environments for payment innovation.		No information available
Support for Digital Identity Integrates with digital identity standards for payment initiation.		Digital identity standards and payment initiation integrations mentioned in the context of regulatory and compliance features.
Continuous Deployment Pipeline DevOps pipeline for rapid delivery of new features.		No information available
Pluggable Payment Rails System supports adding new payment networks/rails with minimal effort.		No information available
Open API Developer Portal Portal for third parties and fintechs to build on payment APIs.		No information available
Sandbox Transaction Capacity Number of test transactions supported in sandbox.		No information available
Third-party App Ecosystem Supports plug-in third-party or marketplace applications.		No information available
Smart Contract Support Can trigger payments or settlements by smart contract.		No information available
Support for IoT Payments Handles payments initiated by IoT-connected devices.		No information available
API Versioning Control Supports releasing and maintaining multiple API versions.		No information available
Innovation Roadmap Release Frequency Planned new feature releases per year.		No information available

Your advertisements here

Financial Technology Year

Actimize Financial Crime Management from NICE Actimize

Product analysis by function

Payment Operations Systems for Operations

Core Payment Processing (8 Yes /8 Known /15 Possible features)

Security and Compliance (10 Yes /10 Known /15 Possible features)

Integration and Connectivity (1 Yes /1 Known /15 Possible features)

User Interface and Experience (0 Yes /0 Known /15 Possible features)

Payment Types and Channels Supported (0 Yes /0 Known /15 Possible features)

Operational Controls and Monitoring (4 Yes /4 Known /15 Possible features)

Reporting and Analytics (2 Yes /2 Known /15 Possible features)

Customization and Configurability (0 Yes /0 Known /15 Possible features)

Scalability and Performance (1 Yes /1 Known /15 Possible features)

Deployment, Maintenance and Support (4 Yes /4 Known /15 Possible features)

Customer and Bank Relationship Management (2 Yes /2 Known /15 Possible features)

Innovation and Future-proofing (2 Yes /2 Known /15 Possible features)

Your advertisements here

Core Payment Processing
(8 Yes /8 Known /15 Possible features)

Security and Compliance
(10 Yes /10 Known /15 Possible features)

Integration and Connectivity
(1 Yes /1 Known /15 Possible features)

User Interface and Experience
(0 Yes /0 Known /15 Possible features)

Payment Types and Channels Supported
(0 Yes /0 Known /15 Possible features)

Operational Controls and Monitoring
(4 Yes /4 Known /15 Possible features)

Reporting and Analytics
(2 Yes /2 Known /15 Possible features)

Customization and Configurability
(0 Yes /0 Known /15 Possible features)

Scalability and Performance
(1 Yes /1 Known /15 Possible features)

Deployment, Maintenance and Support
(4 Yes /4 Known /15 Possible features)

Customer and Bank Relationship Management
(2 Yes /2 Known /15 Possible features)

Innovation and Future-proofing
(2 Yes /2 Known /15 Possible features)