VerifyID
vs
Credito
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Company size
Number of employees
Microenterprises (1-10)
Small business (11-100)
Medium-sized enterprises (101-500)
Large companies (500+)
Microenterprises (1-10)
Small business (11-100)
Medium-sized enterprises (101-500)
Large companies (500+)
Platform
Cloud service
Mobile app
Cloud service
Mobile app
Price information
Free trial
Price model module
Subscription price model
Price model license
Free trial
Price model module
Subscription price model
Price model license
Product features in AML Software
AI implementations
Due diligence
Dynamic customer risk assessment and scorecard
Identity Verification
Investigation Tools
Regulatory reporting
Sanctions Screening
Transactions Screening
AI implementations
Due diligence
Dynamic customer risk assessment and scorecard
Identity Verification
Investigation Tools
Regulatory reporting
Sanctions Screening
Transactions Screening
Reviews
Pros
The user-friendliness and how easy it is for us to build new KYC flows ourselves. We use the ‘build-it-yourself’ feature for many flows and love how easy it is to change them on the fly, so we don’t have to get in touch with a programmer or anyone else every time something needs adjusting. It gives us the freedom to manage everything ourselves in a system that’s just so easy to use. On top of that, it’s brilliant that there’s AI for case management, self-assessments and structure, so we spend almost no time on manual administrative work. But one of the best things is that we can easily send out contracts and link them to the client’s profile directly from the system, so we don’t need to use several different systems.
We’ve been using VerifyID for our KYC, and it’s been a really good experience. The system is easy to use and very straightforward from start to finish.
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Reviews
Cons
The fact that there isn’t a mobile app yet. We mainly work on a computer, so it isn’t a problem in our day-to-day work, but when we’re out and about visiting clients, we do find ourselves wishing we could send out new verification links or manage cases a bit directly from our phones.
If my ID is down, so is VerifyID, but that’s the only thing
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