Ekata by Mastercard vs. Trustmatic

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Ekata
Score 8.6 out of 10
N/A
Ekata, a former part of the Whitepages company, and now a Mastercard company since the April 2021 acquistion, offers identity verification, data validation, and data enrichment services based on the Ekata Identity Engine (EIE), a machine learning based system used to derive links from real-time transactions within the company's proprietary network and data licenses. The service includes address and phone number validation APIs, among other services.N/A
Trustmatic
Score 10.0 out of 10
N/A
Founded in 2020, Trustmatic states their mission is to automate trust between businesses and their customers. Trustmatic streamlines verification processes with flexibility and data security so businesses can maintain KYC compliance with local and international compliance requirements and regulations. The service boasts an onboarding process that has a first-time completion rate of 98%. Trustmatic supports a variety of identity documents from over 248 countries & territories along…
$0.50
per month per verification
Pricing
Ekata by MastercardTrustmatic
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
EkataTrustmatic
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details
More Pricing Information
User Ratings
Ekata by MastercardTrustmatic
Likelihood to Recommend
9.0
(1 ratings)
10.0
(3 ratings)
User Testimonials
Ekata by MastercardTrustmatic
Likelihood to Recommend
Mastercard
Fraud data analysis programming is available. Advanced backtracking studies, repartitions and possibility modelers, data collation and analysis of time sequences. It has artificial intelligence and automation to optimize the promptness and accuracy of the fraud discovery platform. they combine predictive analysis methods, which allows you to quickly discover possible imminences that endanger security.
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Trustmatic
Trustmatic is best for businesses that use facial recognition or ID verification when accessing their system. It uses AI to protect clients from identity fraud. Clients' data is completely safe since the technology can identify fake documents and distinguish live photos from traps. It searches for images through databases to prevent unwanted users from entering the system
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Pros
Mastercard
  • Promises a comprehensive data approach, using evolved scanning so you can reveal dubious actions and patterns before they do harm
  • Prevents the attrition of income due to fraud, abuse and waste in cost and profit programs
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Trustmatic
  • Saves time on manual verification
  • Fast and seamless integration
  • Supporting over 13k IDs all over the world
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Cons
Mastercard
  • The investigation of the effectiveness of the internal control system is a fundamental part of these commitments, this segment is the most responsible for the design, or if it does not fail, even if the software provides advanced tools.
  • The commitment cannot order as it was said previously only to the software; what is delegated is the command to exercise the commitment, which usually ends the ruling.
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Trustmatic
No answers on this topic
Alternatives Considered
Mastercard
We have robust chargeback management software designed to quickly level out oddities based on a customer's first conduct to help us as a vulnerable business spot potential chargeback scams and revenue loss. It condescends to concentrate efforts on prevention instead of reaching sanctions and investigations and then falling into services to recover costs.
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Trustmatic
Better support, better pricing, better features.
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Return on Investment
Mastercard
  • Enterprise fraud detection software solution is customized
  • Allows users to check trading activities against known patterns and discover inconsistencies
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Trustmatic
  • Increased revenue
  • Saves time on manual verifications
  • Less money spent on user acquisition
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ScreenShots