VerifyID
vs
Complychain
VerifyID
Complychain
Overview
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.
What type of system is Complychain?
Sorry, no data yet.
Company size
Number of employees
Microenterprises (1-10)
Small businesses (11-100)
Medium-sized businesses (101-500)
Large companies (500+)
Microenterprises (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
Module pricing
Subscription pricing
Licence pricing
Free trial
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
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.
Sorry, no data yet.
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
Sorry, no data yet.
