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.
Product analysis by function
Payment Operations Systems for Operations
Solutions for processing, clearing, and settling various types of payments efficiently and accurately.
More like this ...
Core Payment Processing
(0 Yes /0 Known /15 Possible features)
Real-time Processing
Ability to process and settle payments instantly.
No information available
.
Batch Processing
Supports scheduled group processing of payments.
No information available
.
Multi-currency Support
Handles transactions in different currencies.
No information available
.
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.
No information available
.
Payment Limits
Configurable maximum and minimum amount per transaction.
No information available
.
Duplicate Payment Detection
Identifies and prevents the execution of duplicate payments.
No information available
.
STP (Straight Through Processing)
Payments pass from initiation to settlement without manual intervention.
No information available
.
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.
No information available
.
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
.
Security and Compliance
(6 Yes /6 Known /15 Possible features)
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.
No information available
.
Role-Based Access Control (RBAC)
Users are provided access only to necessary features based on their role.
No information available
.
Audit Trail
Logs all user and system actions for compliance and review.
No information available
.
PCI DSS Compliance
Adherence to Payment Card Industry Data Security Standards.
No information available
.
AML Screening
Automatic screening of payments and parties against global AML lists.
Yes - has this feature
Product description emphasizes AML (anti-money laundering) transaction monitoring as a core feature.
Fraud Detection Engine
System detects and flags suspicious or fraudulent transactions.
Yes - has this feature
Actimize is well known for its advanced, AI-driven fraud detection engines tailored for financial crime.
Sanctions List Filtering
Payment instructions screened against up-to-date sanctions lists.
Yes - has this feature
Sanctions screening is a standard feature in Actimize's payment and transaction monitoring modules.
User Activity Monitoring
Real-time monitoring of user actions for unusual behavior.
Yes - has this feature
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.
Yes - has this feature
Automated regulatory reporting is specifically mentioned as a key capability in the product description.
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.
Yes - has this feature
Automatic cancellation/time-out features are typical in enterprise payment fraud platforms, mentioned in NICE documentation.
Integration and Connectivity
(0 Yes /0 Known /15 Possible features)
API Availability
Developers can access payment functions via documented APIs.
No information available
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
.
User Interface and Experience
(0 Yes /0 Known /15 Possible features)
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
.
Payment Types and Channels Supported
(0 Yes /0 Known /15 Possible features)
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
.
Operational Controls and Monitoring
(4 Yes /4 Known /15 Possible features)
Payment Queue Management
Manage, prioritize, and manually intervene in payment queues.
Yes - has this feature
Payment queue management and case management are highlighted in the product's operational controls.
Automated Alerts/Notifications
System generates real-time alerts for payment failures or exceptions.
Yes - has this feature
Product sends real-time alerts and notifications for suspicious activity, failures, and regulatory events.
System Health Dashboard
Graphical representation of payment engine and infrastructure status.
Yes - has this feature
Actimize provides real-time dashboards for health and risk status monitoring.
Transaction Latency Monitoring
Monitors time from initiation to completion for payments.
Yes - has this feature
Latency/processing time monitoring is standard for modern compliance and operations tools as provided by Actimize.
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
.
Reporting and Analytics
(1 Yes /1 Known /15 Possible features)
Real-time Reporting
Instant reports on payment status, volume, and exceptions.
Yes - has this feature
Product supports real-time reporting of payment status and exception events for compliance.
Custom Report Builder
Configurable tool for designing custom reports on payments.
No information available
.
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
.
Customization and Configurability
(0 Yes /0 Known /15 Possible features)
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
.
Scalability and Performance
(1 Yes /1 Known /15 Possible features)
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.
Yes - has this feature
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
.
Deployment, Maintenance and Support
(2 Yes /2 Known /15 Possible features)
Cloud Deployment Option
Can be deployed in a private or public cloud environment.
Yes - has this feature
Actimize supports deployment on cloud platforms (AWS, Azure per vendor resources).
On-premise Deployment Option
Can be run within bank’s own data centers.
Yes - has this feature
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.
No information available
.
24/7 Vendor Support
Offers round-the-clock technical support.
No information available
.
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
.
Customer and Bank Relationship Management
(0 Yes /0 Known /15 Possible features)
Integrated Onboarding Workflows
Guided onboarding for new payment customers or partners.
No information available
.
KYC Integration
Integration with Know Your Customer processes and checks.
No information available
.
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.
No information available
.
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
.
Innovation and Future-proofing
(0 Yes /0 Known /15 Possible features)
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.
No information available
.
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.
No information available
.
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
.
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.