Equifax Credit Risk vs. Kount, an Equifax company

Equifax Credit Risk is great for getting consumer credit reports online, pre-filled business reports online, and sometimes searching for corporate reports online. Equifax Credit Risk is not suitable for cases where the customer provides the credit application requesting to update banking and business reference information.

Incentivized

By now, the vast majority of payment gateways have implemented fraud prevention software like Kount. Contracting the solution directly and doing it faster and cheaper than other solutions on the market makes sense if you have several stores and/or sales.

Incentivized

• credit scores for applicants
• pre loaded reports online anytime
• consumer reports online anytime
• credit monitoring alerts

Incentivized

• Rule creation
• Quick execution
• Robust grading system
• Alerts
• Reports and monitoring

Incentivized

• Searching for credit and banking references in specific cases is a difficult process
• Communication channels for giving feedback are not easy to use
• After filing our complaint, at some point we did not receive a timely and adequate response.

Incentivized

• It's a lot of data to digest (not a bad thing!), so any way they can break it up into more concise/digestible bits, I would personally find beneficial.

Incentivized

Equifax Credit Risk has a quick platform that is constantly evolving with the objective of benefiting the direct client, reducing response time to the end client. I like that its platform is easy to use and very intuitive. It is very secure because it uses different confirmation methods to log in with your users each time they need to log in.

Incentivized

Kount is cheaper and less complex to integrate than other options. However, that ease comes with reduced accuracy. The other option we have chosen was much more complex to integrate, but also has way more accuracy in determining actual fraudulent transactions. This can be verified by a reduced number of calls to customer care.

Incentivized

• With Equifax Credit Risk we can evaluate the Credit solvency of applicant to get a open credit with us
• With Equifax Credit Risk we reduce the risk of setting an incorrect credit limit
• With Equifax Credit Risk we reduce the response time of a credit investigation process

Incentivized

• Positive Impact - It's allowed us to scale our business and remove extra steps from our team members to review transactions. We utilize Kount's automated transaction [decision making] to keep our order processing moving.

Incentivized