We performed a comparison between SAS Fraud Management and ThreatMetrix 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 is a stable solution."
"Accessible custom rules with a monthly update on performance."
"The solution is stable."
"There is excellent documentation available."
"The most valuable thing is about the IP. They have a database of malicious IP addresses against which they check. They have a huge database for routed devices and the devices that have been used in the past to commit fraud. They have extensive historical records of all of that information, and that's probably the most valuable thing about ThreatMetrix. Over the years, they have been collecting and persisting globally across all the banking and financial services. They have been storing all this information. It is this stored information that I and my team find valuable; it is not so much their technology. If you are running it on a simulator and trying to maliciously clone and copy IP addresses and stuff like that, they have a bunch of technologies, like routes section and all the other stuff. It is just that they have something that no one else can deal with, that is, massive amounts of big data about the malicious IP addresses, malicious device fingerprinting, the fingerprinting router devices, and the fingerprints. You can query against this stored information to find out whether your app is in a good, nice environment. If yes, you get a green light. The last time I checked, there were about 400 or 500 features that they can stack against, which is pretty extensive. They give you a score against all those features for every application that you installed on it. It is pretty good in that sense."
"The user interface, the portal, is very helpful in describing what attributes of concern are associated with the device."
"The most valuable feature the solution has is that it is able to do a fairly accurate fraud assessment of a credit card transaction based on a variety of parameters configured by the merchant."
"Occasionally, there are some mechanisms that can work a bit slow."
"One limitation is it only maintains six months' worth of data. It would be nice if it went back even further to help us really identify and flush out patterns that go on longer."
"SDK is probably where the biggest issue is. The SDK configuration is a bit lacking. If you are integrating it into your workflow, it is very cumbersome and very difficult to integrate. You have to understand and be an expert in low-level mobile applications to integrate this stuff. Integration should be easy based on what they are providing, but unfortunately, it is not. It is very difficult. My work has been trying to simplify the integration process because integrations bring a lot of value. Most companies don't see their value because it is such a difficult process. For integration, you have to get it right as well, but it is very difficult to get it right because they don't help you in tuning your future parameters. Because of this, it is very difficult to tune your future parameters and your risk score. If you are Uber, your risk score will be very different from a banking client that is pushing funds. These two things need to be improved for me. The rest is pretty good."
"We are only using one feature. We haven't found the other features to be very good or very powerful."
"Could be more intuitive and user friendly."
"The interface does look a bit outdated."
"We encountered a few issues with API calls to the solution."
"It would be useful if they could offer real-time processing."
Earn 20 points
SAS Fraud Management is ranked 11th in Fraud Detection and Prevention while ThreatMetrix is ranked 2nd in Fraud Detection and Prevention with 7 reviews. SAS Fraud Management is rated 8.0, while ThreatMetrix is rated 8.2. The top reviewer of SAS Fraud Management writes "Monitor multiple channels with a single platform". On the other hand, the top reviewer of ThreatMetrix writes "Stable with a good interface and offers excellent event reports". SAS Fraud Management is most compared with FICO Falcon Platform, IBM Safer Payments, Nice Actimize Fraud & Authentication Management and IBM Financial Crimes Insights (FCI), whereas ThreatMetrix is most compared with BioCatch, FICO Falcon Platform, Featurespace ARIC Fraud Hub, iovation FraudForce and Riskified.
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