2020-10-19T09:33:42Z

What is your experience regarding pricing and costs for ThreatMetrix?

Julia Miller - PeerSpot reviewer
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6 Answers

NB
Real User
Top 20
2022-10-27T13:12:00Z
Oct 27, 2022

The pricing could be lower. We are a young company. Maybe for big enterprises, price doesn't matter. However, for young companies, price-wise, it's not that good. It's a bit pricey. You also have to pay extra to receive technical support. I'd rate the affordability a two out of five.

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SB
Real User
2020-11-22T18:06:21Z
Nov 22, 2020

I don't handle any aspect of payments or licensing.

BR
Real User
2020-11-17T01:26:01Z
Nov 17, 2020

I think the solution was reasonably priced. I think our licensing was through a partnership with Equifax, which complicated the procurement, to be honest. It's something to be mindful of, and I would suggest going directly with ThreatMetrix, as opposed to these convoluted license agreements through a third party, that make it more difficult to get support.

JB
Real User
2020-11-16T17:44:00Z
Nov 16, 2020

We're just a customer. We don't have a business relationship with the company. Due to the fact that contracts are handled by our procurement department, I don't know the exact price. There are no licensing costs per se. The way they charge is by evaluation. We bought a bundle of evaluations. For example, 100,000 evaluations for a set amount of money. There are professional services that they charge for also, which go toward monitoring the rules that are in place and recommending adjustments and improvements to better isolate high-risk transactions, reducing false positives. There are two components of their charge, it's the evaluation charge that's on a per transaction basis, and then a professional services fee. You could also lump in SSL. There are a few other fees in there, however, they're minimal.

TG
Real User
2020-11-12T14:44:15Z
Nov 12, 2020

The solution is a SaaS offering. My understanding was that the pricing was pretty good.

DO
Real User
2020-10-19T09:33:42Z
Oct 19, 2020

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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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.
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