Nudetect vs ThreatMetrix comparison

Read 1 Nudetect review

188 Views
101 Comparison Views

0% willing to recommend

Read 8 ThreatMetrix reviews

3,100 Views
1,911 Comparison Views

100% willing to recommend

Comparison Buyer's Guide

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Executive Summary

We performed a comparison between Nudetect 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.

To learn more, read our detailed Fraud Detection and Prevention Report (Updated: June 2024).

Fraud Detection and Prevention

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Helped 787,061 peers since 2012

Categories and Ranking

Nudetect

Ranking in Fraud Detection and Prevention

23rd

Average Rating

6.0

Number of Reviews

1

Ranking in other categories

No ranking in other categories

ThreatMetrix

Ranking in Fraud Detection and Prevention

2nd

Average Rating

8.2

Number of Reviews

8

Ranking in other categories

No ranking in other categories

Market share comparison

As of June 2024, in the Fraud Detection and Prevention category, the market share of Nudetect is 0.3% and it decreased by 74.1% compared to the previous year. The market share of ThreatMetrix is 15.6% and it increased by 33.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.

Fraud Detection and Prevention

Unique Categories:

No other categories found

No other categories found

Featured Reviews

RB

reviewer2379738

Vice President at a newspaper with 201-500 employees

Apr 25, 2024

Used to identify frauds, but its accuracy could be improved

We integrate the solution with our Java on the UI and try to identify fraud The tool is not very accurate, and its accuracy could be improved. I saw many false positives with the solution. I have been using Nudetect for more than three to four years. I’ve never had any stability issues with the…

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OD

reviewer2225250

Senior BA at a financial services firm with 11-50 employees

Jun 30, 2023

Provides good scalability, but it could be more intuitive

We use the solution for a banking domain to maintain device identity and vendor recognition. It prevents fraudulent activities. We also use it to perform device checks and obtain tokens for verified devices for secure transactions Integrating the solution with the banking APIs effectively…

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Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:

Pros

"We integrate the solution with our Java on the UI and try to identify fraud."

"The solution is stable."

"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 solution can be easily integrated with applications."

"Accessible custom rules with a monthly update on performance."

"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."

"There is excellent documentation available."

"It is a stable solution."

Cons

"The tool is not very accurate, and its accuracy could be improved."

"It would be useful if they could offer real-time processing."

"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."

"Could be more intuitive and user friendly."

"We are only using one feature. We haven't found the other features to be very good or very powerful."

"We encountered a few issues with API calls to the solution."

"The interface does look a bit outdated."

"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."

"The tool is very expensive."

Pricing and Cost Advice

Information not available

"I am not aware of the price. I have always come in after it has been negotiated. The clients do get a return on their investment. It mitigated a massive DDoS, and it definitely detects fraudulent activities on banking platforms. They have definitely got their ROI back because there is continued investment in ThreatMetrix over time."

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Top Industries

By visitors reading reviews

Financial Services Firm

38%

Computer Software Company

13%

Real Estate/Law Firm

6%

University

4%

Financial Services Firm

44%

Computer Software Company

12%

Insurance Company

6%

Retailer

5%

Company Size

By reviewers

Large Enterprise

Midsize Enterprise

Small Business

No data available

Questions from the Community

What do you like most about Nudetect?

We integrate the solution with our Java on the UI and try to identify fraud.

See all answers

What needs improvement with Nudetect?

The tool is not very accurate, and its accuracy could be improved. I saw many false positives with the solution.

See all answers

What advice do you have for others considering Nudetect?

It is highly unlikely that I will recommend the solution to other users. Technologies have advanced over time, and there are better tools in the market. I'm not sure if Nudetect has been able to ma...

See all answers

What do you like most about ThreatMetrix?

It is a stable solution.

See all answers

What is your experience regarding pricing and costs for ThreatMetrix?

An average of 8000 hits a year costs $60,000.

See all answers

What needs improvement with ThreatMetrix?

The tool is very expensive.

See all answers

Comparisons

No data available

BioCatch vs ThreatMetrix

Compared 40% of the time

FICO Falcon Platform vs ThreatMetrix

Compared 13% of the time

Featurespace ARIC Fraud Hub vs ThreatMetrix

Compared 11% of the time

iovation FraudForce vs ThreatMetrix

Compared 7% of the time

IBM Trusteer vs ThreatMetrix

Compared 5% of the time

More ThreatMetrix Competitors

Product Reports

Fraud Detection and Prevention

Nudetect report

Download Nudetect product report

ThreatMetrix report

Download ThreatMetrix product report

Also Known As

Nudata Nudetect

No data available

Learn More

Overview

Recognize your known user
Build a strong relationship with your good customer with NuDetect.
With our +99% accuracy, you avoid false declines and unnecessary friction. Treat your good customers with the trust they deserve.

Cut down account takeover
Block high-risk traffic in real time and stop future fraud.
Continuously protect your customers and your business from account takeover with no friction on your good users, even if legitimate stolen credentials are presented.

Protect beyond the login
Uncover all the fraud that hides in your environment. Bad actors are getting creative by attacking where nobody is watching – or so they think. NuDetect monitors all the activity in a session – not just at the login stage – for more in-depth visibility.

Reduce friction, reduce risk
Increase your users’ loyalty with less friction. NuDetect creates a user risk score to help you find out who your good customers are. Use this score to safely waive friction and fast-track your validated users. Leave friction for high-risk traffic only.

Deconstructing fake identities
Fraudsters buy breached data to create fake accounts and use them for future fraud. Our Trust Consortium gathers billions of data points to identify those new fake accounts. NuDetect flags these accounts for you so you can close them and avoid future fraud.

Scale limitlessly on the cloud
Deploy anywhere with the support of AWS, Azure, GCP, or even your own data center. Reduce risk with enterprise-grade security controls. Enjoy the costs savings of on-demand computing.

ThreatMetrix Digital Identity Network constantly identifies fraudsters from trusted customers by analyzing more than 850 transactions each second of every day. It defends against data breach and credential testing from bots designed to mimic human behavior and evade detection by web application firewalls and integrates fraud and risk data across the enterprise with behavioral information on more than 1.4 billion digital identities for smarter, faster and better risk decisioning.

Sample Customers

Clydesdale Bank (incorporating Yorkshire Bank), Danske Bank, Metro Bank, Monzo Bank, Starling Bank.

Trip Advisor, Stone Hub, TD Bank, Rabobank, GoPro

Fraud Detection and Prevention

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Find out what your peers are saying about NICE, ThreatMetrix, FICO and others in Fraud Detection and Prevention. Updated: June 2024.

787,061 professionals have used our research since 2012.

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.