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SAS Fraud Management vs ThreatMetrix comparison

 

Comparison Buyer's Guide

Executive Summary
 

Categories and Ranking

SAS Fraud Management
Ranking in Fraud Detection and Prevention
9th
Average Rating
8.0
Number of Reviews
2
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
 

Mindshare comparison

As of November 2024, in the Fraud Detection and Prevention category, the mindshare of SAS Fraud Management is 4.0%, down from 4.9% compared to the previous year. The mindshare of ThreatMetrix is 14.6%, up from 12.0% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention
 

Featured Reviews

AK
Nov 15, 2020
Monitor multiple channels with a single platform
Each bank has a lot of different verticals. Before, for each and every vertical, they had to implement a different fraud solution. Presently, the main purpose of SAS is to maintain a centralized platform for all of the verticals — like agriculture, NSME, and home loans. For each and every vertical, they created a centralized platform where the bank can monitor everything from one system. That is the main purpose of SAS Fraud Management. It is a little bit costly. Otherwise, it's pretty good. Suppose you are going to create a data science model or an analytical model. With Python, you have to write long subcodes, but with SAS, you just have to drag and drop those things. If you know all of the logic and all of the theories, then it's a very comfortable tool to use. The security is also very good. That's why most of the industry is adopting SAS. Data security is very good because the Reserve Bank of India has approved it. That said, almost all the banks are now implementing SAS as an all-in-one solution.
Sohom Roy - PeerSpot reviewer
May 17, 2024
Enables to identify and analyze real-time incidents and mitigate risks
The tool is integrated with the other solutions. It can be used to gauge threats and risks in the traffic, applications, network authenticity, and authenticity of people logging into an application. It has various use cases The solution can be easily integrated with applications. It provides risk…

Quotes from Members

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

Pros

"The solution is easy to use."
"The security is also very good."
"Accessible custom rules with a monthly update on performance."
"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 is stable."
"The solution can be easily integrated with applications."
"It is a stable solution."
"The user interface, the portal, is very helpful in describing what attributes of concern are associated with the device."
"There is excellent documentation available."
"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."
 

Cons

"Occasionally, there are some mechanisms that can work a bit slow."
"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."
"It would be useful if they could offer real-time processing."
"Could be more intuitive and user friendly."
"We encountered a few issues with API calls to the solution."
"The tool is very expensive."
"The interface does look a bit outdated."
"We are only using one feature. We haven't found the other features to be very good or very powerful."
"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."
 

Pricing and Cost Advice

"If your company has the budget, I would absolutely recommend SAS."
"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
36%
Computer Software Company
15%
Manufacturing Company
7%
Government
5%
Financial Services Firm
48%
Computer Software Company
11%
Insurance Company
5%
Manufacturing Company
4%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
 

Questions from the Community

 

Learn More

 

Overview

 

Sample Customers

Nets
Trip Advisor, Stone Hub, TD Bank, Rabobank, GoPro
Find out what your peers are saying about SAS Fraud Management vs. ThreatMetrix and other solutions. Updated: October 2024.
815,854 professionals have used our research since 2012.