F5 Shape Security vs NICE Actimize Xceed comparison

The Shape technology platform, covered by 50+ patents, stops automated fraud and other attacks on web and mobile applications, including credential stuffing, account takeover, scraping, and unauthorized aggregation. Shape is one of the largest processors of login traffic in the world, protects more than 1.3 billion user accounts, and prevented more than $1 billion in fraud losses last year.

Shape solutions leverage artificial intelligence and machine learning, among other technologies, to accurately determine in real-time if an application request is from a fraudulent source, and if so, effectively mitigate. As soon as new countermeasures are deployed, 5%-10% of attackers will typically attempt to retool and start a new attack. Shape solutions adapt and maintain full efficacy even as attackers evolve.

The world's leading banks, airlines, retailers, hotel chains, and federal agencies rely on Shape as their primary line of defense against sophisticated cybercrime.

Shape Solutions:

Shape Recognize: Identify returning, known users of your website and reduce authentication friction for these users. This enables organizations using Recognize a persistent and secure login experience where good users face less login challenges while still increasing online safety.

Shape AI Fraud Engine (SAFE): SAFE connects context across different browsers and devices used by the same user, as well as observations from across Shape’s entire network. This allows Shape's AI engine to drive down fraud each month as its engine consumes more data.

F5 Device ID+: A real-time and precise device identifier using advanced signal collection and machine learning to assign a unique fingerprint to each device visiting your site. Simple deployment with immediate results for security, networking, and fraud. Better understand the unique devices visiting your applications.

Shape Enterprise Defense: Invisibly protect every application from attack, fraud, and abuse. Defending the world's largest companies, Shape knows whether a request is bot or human driven and if the intent is malicious or benign. This allows Shape to prevent fraud in real-time; manage aggregated and partner access to applications and provide new data for better customer insights.

Shape was recognized by Cybercrime Magazine as one of the Hot 150 Cybersecurity companies in 2019 and CB Insights 2019 AI 100 most promising artificial intelligence startups across the globe.

NICE Actimize Xceed leverages advanced analytics to provide effective fraud and financial crime management, ensuring comprehensive protection for financial institutions. Its modular approach allows tailored configurations suited to specific risk management requirements.

NICE Actimize Xceed offers a comprehensive suite designed for financial institutions aiming to strengthen their financial crime defenses. It integrates seamlessly within existing systems, providing robust tools for monitoring transactions, identifying fraudulent activities, and complying with regulatory standards. The platform supports rapid decision-making with its real-time data analytics, which enhances detection capabilities across numerous financial operations. Its scalable architecture ensures adaptability to varying business needs, making it a reliable choice for risk management professionals seeking precision and efficiency.

• Advanced Analytics: Utilizes AI and machine learning for accurate threat detection.
• Real-Time Monitoring: Continuous monitoring allows immediate threat response.
• Compliance Management: Helps to meet regulatory requirements effortlessly.
• Modular Design: Customizable components to fit specific risk strategies.

• Cost Efficiency: Offers a balance of cost and performance for financial management.
• Operational Efficiency: Enables streamlined operations through automation.
• Scalability: Grows with business needs to ensure long-term value.
• Regulatory Compliance: Keeps up with ever-changing legal standards.

In the banking industry, NICE Actimize Xceed is implemented to detect fraud in online transactions swiftly. In insurance, it aids in identifying false claims efficiently. This adaptability across various sectors demonstrates its capability to mitigate risks while maintaining compliance and operational efficiency.