Kount, an Equifax company vs. Signifyd Commerce Protection Platform

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Kount, an Equifax company
Score 8.6 out of 10
N/A
Kount Fraud Detection Software is an option from the company of the same name in Boise, Idaho.N/A
Signifyd Commerce Protection Platform
Score 10.0 out of 10
N/A
The Signfyd Commerce Protection Platform is fraud protection software that aims to enable online retailers to provide a friction-free buying experience for their customers. Signifyd leverages big data, machine learning and domain expertise in order to provide a financial guarantee against fraud on approved orders that later turn out to be fraudulent. This effectively shifts the liability for fraud away from retailers, allowing them to increase sales and open new markets while reducing risk.…N/A
Pricing
Kount, an Equifax companySignifyd Commerce Protection Platform
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
Kount, an Equifax companySignifyd Commerce Protection Platform
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Kount, an Equifax companySignifyd Commerce Protection Platform
User Ratings
Kount, an Equifax companySignifyd Commerce Protection Platform
Likelihood to Recommend
8.9
(0 ratings)
10.0
(0 ratings)
Likelihood to Renew
10.0
(0 ratings)
-
(0 ratings)
Usability
8.5
(0 ratings)
-
(0 ratings)
User Testimonials
Kount, an Equifax companySignifyd Commerce Protection Platform
Likelihood to Recommend
A scenario where Midigator is well suited is in the efficient response time. I like how fast Midigator always replies to my emails in a timely manner. I also appreciate how they are willing to go above and beyond always to help me and make sure I have all questions answered always.
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I think Signifyd is well suited for any eCommerce store that delivers physical goods to an address. You will be protected if they approve the order and it turns out to be fraud, and you can take comfort knowing you won't ship any orders that are declined. It is not well suited for companies selling digital goods or services as they won't protect anything that's not physically shipped.
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Pros
  • Business to Client Interaction - Midigator employees respond quickly to client requests
  • Empowers their employees to make decisions in the best interest of the client they are serving
  • Helps prevent chargebacks/disputes
  • Saves their clients time and money
  • Ease of use
  • Consolidates multiple MIDs under one room for easy management and monitoring
  • Prices their products and services competitively
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  • High approval rate.
  • Find the fraud.
  • Always responsive to escalations.
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Cons
  • RDR alerts are often categorized as chargebacks instead which takes some work on our side to get the numbers just right.
  • While upper management is very responsive and incredibly helpful when an emergency arises, we do not feel like the account managers are very knowledgeable or proactive.
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  • I am completely satisfied.
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Likelihood to Renew
Midigator does what we need and doesn't try to add a bunch of confusing extra functionality we don't need.
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Usability
No system is perfect, but Midigator is always in pursuit of perfection. I give them high marks for always trying their best to continue adding value.
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Alternatives Considered
We utilized Kount and Midigator concurrently for a short period of time. I have zero negatives to share about Kount, but we did not continue with them because we found Midigator to fill all of our current needs. In all truth, Kount and Midigator paired well together to cast a wide net on potential chargebacks/disputes, and it helped us gain an edge in preventing them. We moved on from Kount because it did not yield as many prevention notices as Midigator, but should the need arise and our budget increase, we'd likely team up to include them to compliment Midigator in having the best chargeback midigator system ever.
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We did an RFQ 3 years ago and the value proposition for Signifyd was the best. We have never looked back.
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Return on Investment
  • Before using Midigator, members would call to cancel their membership and customer service would cancel them and provide a refund. However, the member would also call their bank to dispute the original charge. So, they end up getting double the amount that they paid. Using Midigator, we are able to avoid losing revenue.
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  • Positive ROI
  • No fear of being delisted.
  • I am able to sleep at night.
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