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Broadcom Payment Security vs IdentityMind comparison

 

Comparison Buyer's Guide

Executive SummaryUpdated on Dec 12, 2024

Review summaries and opinions

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Categories and Ranking

Broadcom Payment Security
Ranking in Fraud Detection and Prevention
20th
Average Rating
8.8
Reviews Sentiment
7.4
Number of Reviews
16
Ranking in other categories
No ranking in other categories
IdentityMind
Ranking in Fraud Detection and Prevention
9th
Average Rating
8.6
Reviews Sentiment
7.0
Number of Reviews
3
Ranking in other categories
No ranking in other categories
 

Mindshare comparison

As of June 2026, in the Fraud Detection and Prevention category, the mindshare of Broadcom Payment Security is 1.6%, up from 0.7% compared to the previous year. The mindshare of IdentityMind is 0.8%, up from 0.1% compared to the previous year. It is calculated based on PeerSpot user engagement data.
Fraud Detection and Prevention Mindshare Distribution
ProductMindshare (%)
IdentityMind0.8%
Broadcom Payment Security1.6%
Other97.6%
Fraud Detection and Prevention
 

Featured Reviews

JP
Consultant Fraud Risk Management at a financial services firm with 501-1,000 employees
We are using the product for 3D Secure authentication and fraud prevention
For CA Risk Analytics, we would like to have some statistics available, to do some counting on the number of transactions for example. Also, to have the ability not only for 3D Secure, but accross all online channels. Online banking and App. Because then you would have three online channels. You would have the same device data, so you can combine it. So then you would have an online banking platform, an app, and 3D Secure all from one supplier. This supplier would support all of our authentication methods across those three channels. That's our ultimate goal to have one supplier to support all three online channels.
Vivek_Jaiswal - PeerSpot reviewer
Security Engineer at LTI Mindtree
Fraud detection has reduced false positives and now supports faster compliant digital onboarding
The best feature of IdentityMind is in fraud detection and prevention because it quickly detects and identifies fraud and synthetic identities, stopping account takeovers and fake account creations. If any account is compromised, it analyzes the device, IP velocity, and behavior, which lowers fraud cases and protects from digital identity compromise. IdentityMind has improved our organization in a very positive way, with noticeable changes and improvements, especially since it maps easily with Azure AD and Entra ID. It integrates seamlessly with the API, SIEM, and SOC solutions, providing quick identification of fraud, account activity, regulatory compliance, audit readiness, and risk-based transaction approval while reducing delays in internet fund transfers. After integrating IdentityMind, we have reduced a lot of false positive cases and fraud cases. It quickly identifies and alerts us, making the onboarding process simpler because it integrates well with all Azure AD solutions and other digital identities. The compliance metrics offer visibility for a complete compliance report that can be presented to management for further insight. The automation enhancements and integration improvements contribute to this rating.

Quotes from Members

We asked business professionals to review the solutions they use. Here are some excerpts of what they said:
 

Pros

"The technical support team is professional and attentive to our needs and concerns."
"I think stability-wise, we've not really had any issues in terms of stability."
"Let's put it this way, it's like going from Larder to a Ferrari."
"I think the performance from my organization's perspective is excellent in terms of minimizing the friction on genuine transactions with genuine customers, whilst optimizing the bad transactions, the fraudulent transactions that it stops."
"For a bank, we've seen transactions move to e-commerce. We needed a solution that would protect the bank and protect the bank's cardholders, and that's what this solution gives us."
"It's the security and protection it offers our customers."
"So it's pretty useful operation wise, and also in terms of some inquiries from us, if a customer is disputing they didn't receive an OTP password on their online transaction, and then they're disputing that it's not theirs, and it's unauthorized, but it was a successful transaction, I use this product to see the customer's previous IP addresses."
"The service works as described, the Admin console is very good along with customer service, and the management support, which is excellent."
"In terms of account creation and account blockage and all of that stuff, it works really, really well and it's a very mature solution at this time."
"The solution automated the processes, which helped the organization immensely."
"The automated checks are excellent."
"They have a very wide variety of rules that allow you to integrate well."
"We have seen a 60% improvement, as IdentityMind reduces the efforts required by analysts as well as the time involved in processing and identifying threats and risks associated with accounts, ultimately saving a lot of time."
 

Cons

"The deployment process needs to be updated to ensure the base code does not involve details of other clients."
"Probably having more flexibility and working on usability and how we use the solution."
"Unifying operational changes around highlighting. If you highlight one item, it will highlight the one card that's affected across the board."
"At the moment, getting into that rich data is quite an effort."
"This is the one area where there's room for improvement. I think that is the one area where improvements can be made in terms of speed of response, in terms of quality of response, and in terms of more so a proactive problem monitoring."
"The pricing construct can be very cumbersome."
"I had wish it would be this one, this authentication for fingerprint and face would be promising."
"That's the one complaint we have had is the lack of mobile signal."
"Some of the language around rules and integration can certainly be improved."
"The integration between the management of transactions and the management of account creation is quite low."
"The user interface at first felt like it wasn't the easiest to interact with."
"There are definitely areas where IdentityMind can improve, particularly in the integration between account creation management sections, which I find to be quite low, and the user interface could be easier to navigate."
 

Pricing and Cost Advice

"Utilize the transaction pricing model versus the active cards because the ability to monitor active cards hasn’t been good."
"The SaaS model that we pay is what I know the cost for, and it's reasonable. It's about just under $1,000 or something per month. There is a certain number of users that you get free."
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Top Industries

By visitors reading reviews
Construction Company
22%
Financial Services Firm
17%
Manufacturing Company
11%
Performing Arts
9%
No data available
 

Company Size

By reviewers
Large Enterprise
Midsize Enterprise
Small Business
By reviewers
Company SizeCount
Small Business1
Midsize Enterprise3
Large Enterprise12
No data available
 

Questions from the Community

Ask a question
Earn 20 points
What needs improvement with IdentityMind?
There are definitely areas where IdentityMind can improve, particularly in the integration between account creation management sections, which I find to be quite low, and the user interface could b...
What is your primary use case for IdentityMind?
IdentityMind is primarily used for protecting digital identities worldwide, identifying proofing, risk-based authentications, regulatory identification, and detecting and preventing identity fraud,...
What advice do you have for others considering IdentityMind?
I advise others looking into using IdentityMind to go for this solution because it not only protects against fraud and anti-money laundering but also safeguards digital accounts and identities. I h...
 

Also Known As

CA Risk Analytics, CA Transaction Manager, CA Payment Security Suite
No data available
 

Overview

 

Sample Customers

Eurocard
Veem, Mercari, Fundbx, Binance, Huobi, Mezu, Montual
Find out what your peers are saying about Broadcom Payment Security vs. IdentityMind and other solutions. Updated: June 2026.
900,644 professionals have used our research since 2012.