Kount
For community banks and credit unions seeking cost-effective fraud detection with device intelligence capabilities.
Overview
Kount is assessed in the Finantrix buyer's guide to Fraud Detection Systems for Real-Time Payments, where it is rated Emerging Contender. This profile was compiled by Finantrix editors from that assessment; Kount has not claimed it.
Best for: Community banks and credit unions seeking cost-effective fraud detection with device intelligence capabilities.
Strengths: Choose it when device intelligence is the requirement and the budget is mid-market. Device fingerprinting and identity verification capabilities are the case for it, pricing is competitive for mid-market institutions, and performance in e-commerce fraud detection is good with real-time payment capabilities growing.
Considerations: Banking is not where it came from. The track record specifically in banking and real-time payment fraud is limited, the newer machine learning algorithms may not match the specialized competitors, and integration with core banking systems is a challenge.
