IDnow vs. Jumio

It's a good way to get up and running with a KYC process, albeit a bit clunky once set up. I would not recommend IDnow to an enterprise-level company because I think it's more conducive to a smaller, mid-sized business more so than a larger organization looking for all the bells and whistles.

Incentivized

Jumio is well suited in cases that need user authentication. An example is to check whether a user is eligible to collect age-restricted items. In our case, the user will provide a document that can act as age proof and a photograph of themselves. Jumio will then parse the age proof document to verify the age; Jumio will also match the photograph on the document with the one the user-provided and confirm they are the same. Jumio can sometimes take more time to return the result; so in cases where timing is an issue, one should not use Jumio.

Incentivized

• Regulatory requirements.
• AML requirements.

Incentivized

• API is easy to use.
• Sales person setup the call pretty quickly.
• Documentation is good.

Incentivized

• Customer service.
• Less buggy identification process.
• Wait time for support.

Incentivized

• This tool stops working immediately when any customer touches the debit card or bill statement on its screen many times.
• I found this tool quite expensive than other authentication tools.

Incentivized

I
have used above mentioned platforms but I found the Jumio best solution for my
organization as it provides us with a frictionless onboarding experience. As
compared to its alternatives it offers a quick and unique identifier for
exceptional security. I am strongly encouraged by this product as it enables
safety and trust online by powering fraud and compliance systems in the whole
world in comparison with other tools.

Incentivized

• Positive: higher KYC success rates.
• Positive: less fear over regulatory requirements.
• Negative: lots of time and effort debugging from time to time.

Incentivized

• Jumio is fulfilling all security requirements of our organization as well as boosting our relationship with our customers and stockholders.
• This powerful tool put a positive impact on my organization's performance by preventing online identity fraud and identity theft.

Incentivized