Lexoforms
vs
VerifyID
Overview
What type of system is Lexoforms?
Sorry, no data yet.
What type of system is VerifyID?
VerifyID is a KYC and AML platform that covers the entire customer identification flow: eID verification, PEP and sanctions checks, UBO lookup, document control and age verification. We sit in the same category as Signicat, Penneo, Strise and Sumsub, and differentiate ourselves by building on top of Danish government ID services like MitID and AltID. At the core is an API for identification and screening, combined with ready-made modules for webshops, banks and POS systems.
Company size
Number of employees
Microbusinesses (1-10)
Small businesses (11-100)
Medium-sized businesses (101-500)
Large companies (500+)
Microbusinesses (1-10)
Small businesses (11-100)
Medium-sized businesses (101-500)
Large companies (500+)
Platform
Cloud service
Mobile app
Cloud service
Mobile app
Price information
Free trial
Price from
€ 700 per year
Module pricing
Subscription pricing
Licence pricing
Free trial
Price from
-
Module pricing
Subscription pricing
Licence pricing
Product features in Compliance Management Software
API
Automatic notifications
Background checks
DORA
ID verification
IFRS 16
NIS2
Onboarding
PEP screening
Ready-made regulatory frameworks
Real-time updates
Risk assessments
Watch list
API
Automatic notifications
Background checks
DORA
ID verification
IFRS 16
NIS2
Onboarding
PEP screening
Ready-made regulatory frameworks
Real-time updates
Risk assessments
Watch list
Reviews
Based on 4 reviews
Based on 2 reviews
Ease of use
4.8
Collaboration with the supplier
5.0
Support and service
5.0
Range of features
4.5
Customisation and flexibility
4.3
Integration
4.0
Value for money
5.0
How satisfied are you overall?
5.0
Ease of use
4.5
Collaboration with the supplier
5.0
Support and service
5.0
Range of features
4.5
Customisation and flexibility
5.0
Integration
5.0
Value for money
5.0
How satisfied are you overall?
5.0
Reviews
Pros
As a GDPR advisor in a company that accounts for many different industries, it is of great value to work with Lexoforms. The system is both intuitive and secure to work with, making complex processes manageable and supporting effective management of compliance requirements.
In addition, I can only praise the team behind the system for their attentive and professional approach to everything they do.
The platform is easy and clear! and there are reminders when there is something I need to be aware of.
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.
Reviews
Cons
I honestly can't answer that.
Can't seem to find anything.
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
