Kount
By Equifax Inc
Implementing Kount fraud prevention software involves several key steps, with the overall process typically taking a few weeks to complete:
Develop a tailored implementation strategy based on your business requirements.
This integration is essential for enabling Kount's fraud detection capabilities.
The DDC operates passively, ensuring a seamless customer experience. developer.
Adjust thresholds to balance fraud prevention with customer convenience.developer.
Validate the integration to confirm seamless operation within your existing infrastructure.
Ensure ongoing education to keep up with evolving fraud tactics and system updates.
Kount can be customized to fit specific business needs. Here are the key data points supporting this:
Customizable Solutions: Kount offers customizable solutions tailored to individual business requirements.
Personalized Strategy: The platform allows businesses to customize their strategy for unique use cases.
Flexible Technology: Kount's adaptive and flexible technology can be adjusted to meet specific needs.
Industry-Specific Protection: Kount serves various industries, suggesting customization for different sectors.
Modular Approach: Businesses can choose relevant solutions (Payments Fraud, Identity, Compliance) based on their needs.
Rules Engine: Kount features a rules engine, allowing for custom rule creation.
Customizable Parameters: The platform offers customizable parameters for fraud prevention.
Automated Decisioning: Businesses can set up automated decision-making based on their specific risk tolerance.
Client Testimonials: Multiple clients praise Kount's ability to meet their specific needs and expectations.
Kount provides a range of training and support resources to assist new users in effectively utilizing their fraud prevention solutions. These resources include:
Webinars: Kount offers live and recorded webinars that cover various topics related to fraud prevention, product optimization, and industry trends. For example, their recorded training on optimizing rules for the holiday season helps users assess fraud trends and enhance revenue.
Resource Library: Users have access to an extensive collection of educational materials, including blog articles, case studies, and guides, which provide insights into trust and safety topics.
Events and Trade Shows: Kount participates in various industry events and hosts educational sessions, offering opportunities for users to learn about the latest developments in fraud prevention and network with professionals.
Technical Support: Dedicated technical support is available to assist users with product-related inquiries and troubleshooting, ensuring smooth integration and operation of Kount's solutions.
Kount employs an array of security measures to protect data and ensure the integrity of its services. Key measures include:
Industry-Recognized Certifications: Kount is a PCI Level 1 service provider and undergoes annual SOC 2, Type 2 audits to validate its adherence to stringent data security standards.
General Data Protection Regulation (GDPR) Compliance: Kount complies with GDPR requirements, demonstrating its commitment to protecting personal data and supporting clients in meeting their data protection obligations.
Data Encryption and Access Controls: Kount implements industry-accepted security safeguards, including data encryption and strict access controls, to prevent unauthorized access, use, or disclosure of personal data.
Regular Security Assessments: The company conducts regular reviews, testing, and enhancements of its systems to ensure they meet accepted industry standards and effectively address emerging security threats.
Kount policies on data ownership and portability are outlined in their terms and conditions. Here's a summary based on the available information:
Data Ownership:
Kount's Intellectual Property: Kount, along with its data providers and suppliers, retains all ownership rights to its services, including technology, methods, processes, software, know-how, and data. This encompasses any derivatives, customizations, improvements, extensions, and deliverables related to Kount's property.
Client Data Usage: Clients grant Kount a perpetual right to use, reproduce, modify, store, disclose, and create derivatives of the data submitted through Kount's services ("Inquiries"). This usage includes, but is not limited to:
Operating and improving Kount's services.Kount | An Equifax company
Conducting analytics, research, and development.
Developing other products and services.
Fulfilling legal obligations and participating in enforcement actions, investigations, and fraud prevention efforts. Kount | An Equifax company
Kount offers flexible solutions designed to accommodate the evolving needs of organizations, allowing for seamless scaling as business requirements change. Their pricing structure includes various tiers, each tailored to different levels of service and support:
Essentials: Priced at $0.07 per transaction, this tier features no-code integration, no complicated contracts or long-term commitments, and no monthly minimums. It's ideal for businesses seeking a straightforward solution without extensive integration work. Kount | An Equifax company
Advanced: Starting at $1,000 per month, this comprehensive solution offers full customization, unlimited users with training, standard integration and onboarding support, and standard account support. It's suitable for organizations requiring more tailored features and support. Kount | An Equifax company
Kount contract renewal and cancellation terms are outlined in their Terms of Use and service agreements. Key aspects include:
Upon termination, the client's rights to use Kount's services cease immediately.
Kount software adheres to several key compliance standards to ensure data security and regulatory adherence:
Payment Card Industry Data Security Standard (PCI DSS): Kount is a PCI Level 1 service provider, undergoing annual audits by external Qualified Security Assessors to validate compliance. This status demonstrates adherence to stringent security requirements for processing, storing, or transmitting credit card information.
General Data Protection Regulation (GDPR): As of May 25, 2018, Kount complies with GDPR as a data processor, ensuring the protection of personal data for individuals in the European Union.
Health Insurance Portability and Accountability Act (HIPAA): Kount is HIPAA certified, indicating compliance with standards for protecting sensitive patient health information.
SOC 2, Type 2 Audit: Kount undergoes an annual SOC 2, Type 2 audit, assessing controls related to security, availability, processing integrity, confidentiality, and privacy of data.
