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IdentityMind vs Riskified 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

IdentityMind
Ranking in Fraud Detection and Prevention
56th
Average Rating
8.6
Reviews Sentiment
6.7
Number of Reviews
2
Ranking in other categories
No ranking in other categories
Riskified
Ranking in Fraud Detection and Prevention
10th
Average Rating
9.0
Reviews Sentiment
7.4
Number of Reviews
3
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of May 2025, in the Fraud Detection and Prevention category, the mindshare of IdentityMind is 0.1%, down from 0.1% compared to the previous year. The mindshare of Riskified is 5.1%, up from 4.2% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention
 

Featured Reviews

DB
Great third-party integrations, very stable and easy to set up
Some of the language around rules and integration can certainly be improved. Account creation rules and account creation flows were very helpful to me and very easy to understand, however, the management of transactions on the platform is not very good. The integration between the management of transactions and the management of account creation is quite low. I would love it if they could combine the two and make it a little bit more robust. Mostly the challenge that I faced is some of the limiting rules or some of the fraud-related checks or preventive measures that we were taking, if we could take that on the account creation side, the transaction side, it would not carry over. We would have to redo the same thing there. The number of rooms on the transaction side was fewer. What I want is deeper and better integration between a transaction and an actual account that's been created today. Let's say that I opened the details for the transaction to figure out something about it. The transaction is coming from a different geography. I want to know what's going on with it. If I could do that, I would ideally like to know who is doing the transaction without separately having to go and find this account through email search or whatever. Linkage between the two is pretty low and rules as well are not very integrated between the two. In terms of AML and transaction management use cases, they do aggregate transactions. For example, let's say over a period of one month I do five transactions. Their backend system knows how many transactions I've done, yet they don't expose that to me on the user's side. I cannot see that and report it. I have to do a calculation. If I'm the user, as in I'm the company that's using it, I have to run calculations on my side to figure out how much transaction has gone through.
JJ
Integrates well, reasonably priced, and the technical support is helpful
The most valuable features of this solution are the scoring and the yes, or no function. I am satisfied with the documentation it provides. It integrates well with other products The user interface could be more intuitive. I have been familiar with Riskified for three years. Riskified is a…

Quotes from Members

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

Pros

"They have a very wide variety of rules that allow you to integrate well."
"The automated checks are excellent."
"The most valuable features of this solution are the scoring and the yes, or no function."
"Our clients have definitely avoided losing money on multiple occasions due to fraud."
"The scoring mechanism is good."
 

Cons

"The UI at first felt like it wasn't the easiest interface to interact with."
"Some of the language around rules and integration can certainly be improved."
"The user interface could be more intuitive."
"The fraud channel is a sensitive spot, so it's always complex."
"I can't think of any issues that we've faced that need to be improved."
 

Pricing and Cost Advice

"The SaaS model that we pay is what I know the cost for, and it's reasonable. It's about just under $1,000 or something per month. There is a certain number of users that you get free."
"It is determined by the requirements of each company."
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Top Industries

By visitors reading reviews
No data available
Financial Services Firm
18%
Retailer
15%
Computer Software Company
13%
Manufacturing Company
8%
 

Company Size

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

Comparisons

No data available
 

Overview

 

Sample Customers

Veem, Mercari, Fundbx, Binance, Huobi, Mezu, Montual
ALDO, Macy's, Finish Line, Burlington, Burton Group, Sky-tours, GiftCards.com, Kirna Zabête
Find out what your peers are saying about IdentityMind vs. Riskified and other solutions. Updated: April 2025.
850,028 professionals have used our research since 2012.