Last updated on
Company health
Ratings
Focal description
Focal is an AI-powered software suite designed to help businesses manage financial crime risks. It offers a range of tools including identity verification, transaction monitoring, and fraud prevention measures. Focal specializes in serving financial institutions in emerging markets and focuses on providing accurate, real-time data analysis and compliance solutions.
Who is Focal best for
Focal is an AI-powered software suite designed to manage financial crime risks. It offers tools for identity verification, transaction monitoring, and fraud prevention, specializing in serving financial institutions in emerging markets with real-time data analysis and compliance solutions. Focal has seen significant growth in website traffic and employee count recently, indicating rising popularity. G2 reviews give it an average rating of 4.5/5 stars.
-
Best for small to medium-sized businesses.
-
Ideal for financial institutions in emerging markets.
Focal features
| Supported Focal offers real-time transaction monitoring with features such as Dynamic Scenario Builder. |
| Supported Focal supports real-time analytics for AML and KYC processes. |
| Supported Focal offers real-time fraud detection and prevention. |
Focal alternatives
ComplyAdvantageWider industry application than Focal, serving various sectors beyond finance, including cryptocurrency. Has significantly less momentum.Read more
JumpCloudBetter for IT management and access control, especially for mid-sized companies with diverse IT environments. Focuses on simplifying user and device management, including single sign-on and remote access.Read more
IT GlueBetter for IT documentation and password management. Focuses on IT professionals and MSPs. Rated higher by users. Negative pricing sentiment.Read more
Auth0 by OktaBetter for broader application security needs beyond financial crime. Suitable for e-commerce, retail, education, software/IT, and marketing industries. Customer support is a common concern.Read more
DataspikeHas broader KYC/AML capabilities and offers flexible pricing. Growing faster than Focal in terms of web traffic and employee growth on LinkedIn. Also has user reviews available, unlike Focal. A good Focal alternative or competitor.Read more
Focal FAQ
What is Focal and what does Focal do?
Focal is an AI-powered software suite designed for financial crime risk management. It offers tools for identity verification, transaction monitoring, and fraud prevention, specializing in real-time data analysis and compliance solutions for financial institutions in emerging markets.
How does Focal integrate with other tools?
Focal integrates seamlessly with existing KYC/AML and compliance workflows. It offers real-time analytics, transaction monitoring, and fraud detection capabilities to enhance risk management processes. More specific integration details are not readily available.
What the main competitors of Focal?
ComplyAdvantage and ComplyCube are the main competitors of Focal. They offer similar financial crime risk management and identity verification solutions. Other alternatives include JumpCloud, Salesforce Platform, Rippling, and Stytch, but these cater to broader business needs beyond Focal's core focus.
Is Focal legit?
Focal appears to be a legitimate software solution for financial crime risk management. G2 gives it a 4.5/5 rating, and it offers features like real-time transaction monitoring and fraud detection. However, more information is needed to determine its suitability for your specific needs.
How much does Focal cost?
Focal pricing is not publicly available. Contact Focal directly to discuss pricing options and determine if the product is worth the investment for your needs.
Is Focal customer service good?
Focal's customer support receives overwhelmingly positive feedback. Users praise the team's responsiveness, helpfulness, and collaborative approach. Some users mention the support team's proactive follow-up and dedication to customer satisfaction.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.