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FICO Falcon Platform vs SAS Fraud Management comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 12, 2024

Review summaries and opinions

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

Categories and Ranking

FICO Falcon Platform
Ranking in Fraud Detection and Prevention
3rd
Average Rating
8.6
Reviews Sentiment
5.5
Number of Reviews
2
Ranking in other categories
No ranking in other categories
SAS Fraud Management
Ranking in Fraud Detection and Prevention
8th
Average Rating
8.0
Reviews Sentiment
6.9
Number of Reviews
2
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of June 2025, in the Fraud Detection and Prevention category, the mindshare of FICO Falcon Platform is 8.8%, up from 7.8% compared to the previous year. The mindshare of SAS Fraud Management is 4.8%, up from 4.3% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention
 

Featured Reviews

reviewer2511618 - PeerSpot reviewer
Real-time capability, consortium data model but offline analysis of transactions is not flexible
FICO users are business users, not developers. When setting up rules or parameters, some coding is required, and the learning curve is quite steep. This is a disadvantage of FICO. Additionally, the offline analysis of transactions is not flexible. Transactions need to be flagged as fraud to show up in the analysis, making it difficult to identify false negatives. The Identity Resolution Engine (IRE), an extension to FICO Falcon Platform, is helpful. However, integration with FICO Falcon Fraud Manager can be challenging due to its rigid template and data format requirements. This can cause delays in development and integration, potentially postponing projects by a month or two. AI is another thing they could improve is how they create the data model for my bank's detection data. From what I understand, they already have the capability to do that. But the data being processed in my bank, the ones they can process, is not really much. Maybe it's just a mistake on my part. But in terms of AI other than machine learning that they've already implemented, I have not seen any significant use case.
reviewer1562526 - PeerSpot reviewer
Scalable and easy to use but could have better technical support
The solution is very stable. There are no bugs or glitches. It doesn't crash or freeze. It's reliable and the performance has been very good so far. That said, from my perspective, has had some issues with stability and performance issues in that they have a lot of data and it has some indexing and mechanisms that work a bit slow.

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."
"It can make real-time decisions or real-time declines."
"The security is also very good."
"The solution is easy to use."
 

Cons

"When setting up rules or parameters, some coding is required, and the learning curve is quite steep."
"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."
"Occasionally, there are some mechanisms that can work a bit slow."
 

Pricing and Cost Advice

"The functionality is fine, but the price is getting more expensive."
"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."
"If your company has the budget, I would absolutely recommend SAS."
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Top Industries

By visitors reading reviews
Financial Services Firm
43%
Computer Software Company
16%
Comms Service Provider
4%
Government
3%
Financial Services Firm
25%
Computer Software Company
18%
Comms Service Provider
9%
Educational Organization
8%
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
No data available
No data available
 

Questions from the Community

What needs improvement with FICO Falcon Platform?
FICO users are business users, not developers. When setting up rules or parameters, some coding is required, and the learning curve is quite steep. This is a disadvantage of FICO. Additionally, the...
What is your primary use case for FICO Falcon Platform?
I use FICO Falcon app manager. I think it was from 2019, but I'm not quite sure. Maybe it was 2017. I'm a customer of the product, and I use it for bottom-line and operational risk. For the granula...
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Also Known As

Falcon Platform
No data available
 

Overview

 

Sample Customers

Information Not Available
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Find out what your peers are saying about FICO Falcon Platform vs. SAS Fraud Management and other solutions. Updated: June 2025.
856,873 professionals have used our research since 2012.