FICO Falcon Platform vs IBM Trusteer comparison

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FICO Logo
1,661 views|1,016 comparisons
100% willing to recommend
IBM Logo
1,011 views|661 comparisons
100% willing to recommend
Comparison Buyer's Guide
Executive Summary

We performed a comparison between FICO Falcon Platform and IBM Trusteer based on real PeerSpot user reviews.

Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention.
To learn more, read our detailed Fraud Detection and Prevention Report (Updated: March 2024).
767,995 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"FICO is working on a local model specifically for Brazil, whereas tools from Oracle and other vendors are only developed for general use. I haven't seen any other vendors who think like that until now."

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"The features were pretty straightforward. I just used them as I went along with very little interference all the years that I have used it."

More IBM Trusteer Pros →

Cons
"I've had bad experiences with FICO support. At the bank, we've faced critical problems where we only had minutes to find the solution, and it's hard to explain quickly. We contacted FICO, but they told us it was beyond their scope of support. They try to triage the call by asking us how much money we're losing, but I can't go into that."

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"I would like them to make it as user-friendly as possible. Simplicity is what we need. Load and go.""After a Windows update, it started acting up. It blocked several programs. It became inactive after the Windows update and I had to remove Trusteer, allowing my computer to go back to its norm."

More IBM Trusteer Cons →

Pricing and Cost Advice
  • "FICO is one of the best fraud detection platforms. However, a small bank might find it too expensive. In that case, I would agree it's probably not worth it. However, it's a no-brainer if your bank has 50 million accounts and 7 million credit card transactions daily."
  • More FICO Falcon Platform Pricing and Cost Advice →

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    Questions from the Community
    Top Answer:FICO is working on a local model specifically for Brazil, whereas tools from Oracle and other vendors are only developed for general use. I haven't seen any other vendors who think like that until… more »
    Top Answer:When I was working at another bank, people often complained that FICO was expensive. I would tell them that it depends on the volume—for example, the old bank million 7 million transactions. If you… more »
    Top Answer:Fraud will always be a problem here in Brazil, and I think blockchain technology is the future because it increases transparency in transactions. Even with Falcon, we need to spend time verifying… more »
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    Ranking
    Views
    1,661
    Comparisons
    1,016
    Reviews
    1
    Average Words per Review
    1,029
    Rating
    10.0
    Views
    1,011
    Comparisons
    661
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
    Also Known As
    Falcon Platform
    Learn More
    IBM
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    Overview

    Consumer banking preferences are changing - fast. Customers want to transact how and when they choose, without latency. They want a banking relationship that’s 100% convenient and 100% secure. The FICO Falcon Platform, the world’s most intelligent fraud platform, advances the consumer experience by extracting frauds from real time payment streams while remaining invisible during legitimate transactions.

    With over 70 patents in fraud-specific machine learning and AI, the FICO Falcon Platform helps financial institutions detect and prevent fraud seamlessly, in real time, all while improving the bottom line and advancing the consumer experience.

    The FICO Falcon Platform allows you to score transactions, across a rapidly expanding array of payment options, and understand customer behavior patterns so you can intelligently prevent and monitor suspicious and fraudulent behavior.

    IBM Trusteer Pinpoint Detect, helps protect digital channels against account takeover, fraudulent transactions, and can detect end user devices infected with high risk malware. Trusteer Pinpoint Detect is a cloud-based solution that can transparently build user profiles and continuously authenticate online identities to more efficiently differentiate between a true user and fraudsters. It is designed to enable a real-time risk assessment with an actionable recommendations, employ behavioral biometrics capabilities to seamlessly build models based on patterns of mouse movements in real-time and analyze patterns against learned user behavior and known fraud patterns, identify access using compromised credentials and provide actionable recommendations to help detect and mitigate fraudulent activities and control and create custom policies to help you rapidly build and deploy countermeasures leveraging machine learning and advanced analytics.

    Sample Customers
    Banco Satander
    Top Industries
    VISITORS READING REVIEWS
    Financial Services Firm38%
    Computer Software Company17%
    Manufacturing Company5%
    Retailer4%
    VISITORS READING REVIEWS
    Financial Services Firm47%
    Computer Software Company12%
    Insurance Company6%
    Comms Service Provider5%
    Company Size
    VISITORS READING REVIEWS
    Small Business13%
    Midsize Enterprise7%
    Large Enterprise80%
    VISITORS READING REVIEWS
    Small Business17%
    Midsize Enterprise8%
    Large Enterprise75%
    Buyer's Guide
    Fraud Detection and Prevention
    March 2024
    Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention. Updated: March 2024.
    767,995 professionals have used our research since 2012.

    FICO Falcon Platform is ranked 3rd in Fraud Detection and Prevention with 1 review while IBM Trusteer is ranked 12th in Fraud Detection and Prevention. FICO Falcon Platform is rated 10.0, while IBM Trusteer is rated 9.0. The top reviewer of FICO Falcon Platform writes "It can set rules to identify suspicious activity at each point of sale during every transaction". On the other hand, the top reviewer of IBM Trusteer writes "The features were pretty straightforward". FICO Falcon Platform is most compared with SAS Fraud Management, ThreatMetrix, IBM Safer Payments, ACI Fraud Management and Nice Actimize Fraud & Authentication Management, whereas IBM Trusteer is most compared with BioCatch, IBM Safer Payments, ThreatMetrix, F5 Shape Security and Guardian Analytics Fraud Detection.

    See our list of best Fraud Detection and Prevention vendors.

    We monitor all Fraud Detection and Prevention reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.