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Government · head to head

Periscope Holdings vs Transmit Security

Periscope Holdings logo

Periscope Holdings

Government

Statewide e-procurement systems and supplier networks for large public agencies

From
On request
Free plan
No
Full reviewWebsite
Transmit Security logo

Transmit Security

Cybersecurity

Customer identity platform built around passwordless and fraud signals

From
On request
Free plan
No
Full reviewWebsite

The short version

  • Each has a real cost: Periscope Holdings it is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.; Transmit Security pricing is not published, so it cannot be compared early against competitors that post per monthly active user rates, and the eventual quote often mixes per-user and per-transaction units.
  • They diverge on capability: Periscope Holdings covers Sealed bid solicitation, Transmit Security covers Passwordless authentication.
  • Prices and features above were last checked on 1 September 2026.

Where they differ

Only the attributes on which Periscope Holdings and Transmit Security actually diverge.

Attributes where Periscope Holdings and Transmit Security differ
AttributePeriscope HoldingsTransmit Security
PlatformsWebWeb, iOS, Android
CategoryGovernmentCybersecurity

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Periscope Holdings

  • Sealed bid solicitation
  • Supplier registration network
  • Contract catalogues
  • Cooperative purchasing
  • Spend and compliance reporting
  • Supplier diversity tracking

Only in Transmit Security

  • Passwordless authentication
  • Detection and response
  • Identity verification
  • Orchestration
  • Account recovery
  • Bot and automation detection
  • Composable APIs

What people use each for

The jobs each tool is most often brought in to do.

Periscope Holdings

  • A state building a central procurement portal serving many agencies and local entitiesnot Transmit Security
  • A large agency needing statutory sealed bidding with a public opening recordnot Transmit Security
  • A purchasing programme that must report spend and supplier diversity across entitiesnot Transmit Security
  • A state wanting local governments to buy from its awarded cooperative contractsnot Transmit Security

Transmit Security

  • A bank moving a consumer base off passwords to passkeys without losing customers at the migration stepnot Periscope Holdings
  • An insurer whose account recovery flow is the main account takeover route and needs risk scoring inside itnot Periscope Holdings
  • A retailer that wants bot detection at login rather than only at checkoutnot Periscope Holdings
  • An organisation replacing an in-house customer login system that has become an unfunded engineering liabilitynot Periscope Holdings

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Periscope Holdings

  • It is scaled and priced for statewide programmes, so a single city or county typically finds both the implementation effort and the cost out of proportion to its needs.
  • The interface reflects the age and regulatory weight of the platform, and suppliers routinely describe registration and bidding as harder than on newer portals, which can suppress bid response.
  • Ownership has changed twice since 2021, from independent to mdf commerce to KKR, so roadmap and support continuity should be written into the contract rather than assumed.
  • Sibling products inside mdf commerce cover adjacent procurement ground, which means an apparently competitive shortlist may contain two products with the same owner.
  • Statewide implementations are multi year projects with heavy configuration and change management, and the professional services cost commonly exceeds the software over the contract term.

Transmit Security

  • Pricing is not published, so it cannot be compared early against competitors that post per monthly active user rates, and the eventual quote often mixes per-user and per-transaction units.
  • Migrating a live consumer identity base is a high risk project, and credential migration constraints mean some users must re-register, which shows up as measurable churn.
  • The vendor is smaller than the identity incumbents, so the partner and systems integrator pool is thinner and staffing a large programme is harder.
  • Workforce identity is not the focus, so an organisation wanting one vendor for employees and customers will still run two platforms.
  • The fraud detection value depends on traffic volume feeding the models, so a smaller deployment gets less benefit from exactly the capability that justified choosing it over a plain identity provider.

Pricing, plan by plan

Periscope Holdings

On request
  • BuySpeed$undefined/year
    • Quoted per programme, scaled to entities served and transaction volume
    • Multi year statewide contracts with implementation priced separately
    • Supplier side registration fees form part of the commercial model on some programmes

Transmit Security

On request
  • Transmit Security Platform$undefined/year
    • Priced per monthly active user or per transaction by service
    • Services licensed individually or as a platform
    • Free developer tier for evaluation

Which should you pick?

Choose Periscope Holdings if

  • You need sealed bid solicitation.
  • You also want supplier registration network.
Periscope Holdings review

Choose Transmit Security if

  • You need passwordless authentication.
  • You work on Web, iOS, Android.
  • You also want detection and response.
Transmit Security review

Questions people ask

Is Periscope Holdings or Transmit Security better?
Neither clearly leads. Periscope Holdings starts at On request and Transmit Security at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Periscope Holdings or Transmit Security?
Periscope Holdings starts at On request and Transmit Security at On request.
Does Periscope Holdings or Transmit Security run on more platforms?
Periscope Holdings runs on Web. Transmit Security runs on Web, iOS, Android.
What is Periscope Holdings best used for?
Periscope Holdings is most often used for a state building a central procurement portal serving many agencies and local entities, a large agency needing statutory sealed bidding with a public opening record, a purchasing programme that must report spend and supplier diversity across entities, a state wanting local governments to buy from its awarded cooperative contracts. Of those, a state building a central procurement portal serving many agencies and local entities and a large agency needing statutory sealed bidding with a public opening record are not what Transmit Security is typically brought in for.
What can Periscope Holdings do that Transmit Security cannot?
Periscope Holdings covers Sealed bid solicitation, Supplier registration network, Contract catalogues, Cooperative purchasing. Transmit Security covers Passwordless authentication, Detection and response, Identity verification, Orchestration.

Answered from the vendors’ own pages

Periscope Holdings: Who owns Periscope Holdings?

mdf commerce acquired it in 2021, and mdf commerce was itself acquired by KKR in 2024.

Transmit Security: Do we have to replace our existing identity provider?

No. The services are composable, so detection and response or verification can be adopted alongside an existing provider such as Okta or Entra ID.

Periscope Holdings: Is it suitable for a single city?

Usually not. It is built and priced for statewide or very large agency programmes.

Transmit Security: Is fraud detection an extra licence?

It is a separate service, but it is designed to run inside the authentication flow rather than as a bolted-on second vendor. Confirm which services are in your quote.

Periscope Holdings: What is BuySpeed?

The e-procurement platform behind its statewide deployments, covering solicitation through catalogue ordering and reporting.

Transmit Security: Is there a way to try it?

Yes, a free developer tier exists for evaluation, though production use is an enterprise agreement.

Periscope Holdings: Can we see what a state paid?

Yes. State procurement awards are public records and typically disclose the full multi year contract value.

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