We performed a comparison between BioCatch and Riskified based on real PeerSpot user reviews.
Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention."It can track mouse movements as well as the actual oriental moments of such as the movement of devices, how they are held, and the angles which at they are held. All these are captured for customers and a behavioral profile is built for the customer over a period of time. This would be matched against any fraudulent behavior. If, for example, suddenly a customer account seems to be accessed by our profile, which is not one particular customer account, if the movements or habits are suspect, we can catch the fraud and shut it down."
"The scoring mechanism is good."
"The most valuable features of this solution are the scoring and the yes, or no function."
"Our clients have definitely avoided losing money on multiple occasions due to fraud."
"BioCatch is one of the fraud detection tools which also has machine learning capabilities and it has what is called a machine learning model feature. It is run in the background. The consequence of those machine models is it is complex to perform data functions and the activity and programming techniques. The decision-making for determining what's happening within those models is a little bit complex and not at all transparent. It's not easy for businesses to understand how the model is using the data of the bank customers in order to come to the assumption it does."
"I can't think of any issues that we've faced that need to be improved."
"The user interface could be more intuitive."
"The fraud channel is a sensitive spot, so it's always complex."
Earn 20 points
BioCatch is ranked 4th in Fraud Detection and Prevention while Riskified is ranked 6th in Fraud Detection and Prevention with 3 reviews. BioCatch is rated 8.0, while Riskified is rated 9.0. The top reviewer of BioCatch writes "Stable with good behavioral biometrics and great technical support". On the other hand, the top reviewer of Riskified writes "Integrates well, reasonably priced, and the technical support is helpful". BioCatch is most compared with ThreatMetrix, IBM Trusteer, Featurespace ARIC Fraud Hub and Nice Actimize Fraud & Authentication Management, whereas Riskified is most compared with Forter, Kount, Amazon Fraud Detector and Accertify Interceptas.
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