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Youverify description
Youverify is a cloud-based software that helps businesses comply with financial regulations and prevent fraud. It offers tools for verifying identities, screening for money laundering, and monitoring transactions. Primarily serving finance, banking, and startups, Youverify helps automate compliance decisions and reduce risks associated with onboarding customers, employees, and partners.
Who is Youverify best for
Youverify offers KYC, AML compliance, and fraud prevention tools. Businesses in finance, banking, and startups use Youverify to automate compliance and reduce risk. Users love its easy integration and reliable KYC service, but some dislike the high cost and complex API documentation.
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Not ideal for small, medium, or enterprise companies.
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Best fit for finance, banking, and startup industries.
Youverify features
| Supported Youverify provides KYC compliance solutions and meets KYC regulations. |
| Supported Youverify offers KYC checks including identity verification and document authentication as a core part of its product. |
| Supported Youverify offers a suite of tools designed to help businesses meet AML compliance requirements. |
| Supported Youverify supports verification of ID cards, passports and driver licenses for KYC purposes. |
| Supported Youverify offers real-time transaction monitoring with AI-powered suspicious activity detection. |
| Supported Youverify offers automated compliance checks and reporting, including AML and KYC adherence. |
Youverify reviews
We've summarised 22 Youverify reviews (Youverify Capterra reviews) and summarised the main points below.
- Easy to integrate with.
- Great customer support.
- Reliable KYC service provider.
- Good for fraud detection.
- Secure.
- Youverify should provide SDKs for mobile applications.
- API documentation could be easier to understand.
- The pricing should be reduced.
- High cost of identity verification.
- Lack of notification when funds are low.
Youverify pricing
The commentary is based on 9 reviews from Youverify Capterra reviews.
Youverify offers good value for money with reasonable pricing and affordable identity verification services. However, some users have noted the cost of verification is high and suggest a reduction in pricing alongside a post-paid option.
See the Youverify pricing page.
Youverify alternatives
SumsubBetter suited for larger enterprises. Sumsub is growing faster and offers facial recognition, potentially improving verification speed. However, users report higher false positives and API documentation issues. A Youverify alternative and competitor.Read more
ComplyCubeBetter suited for businesses needing global KYC/AML coverage. Has a wider range of pricing options including a Startup Program with free access. ComplyCube is growing faster than Youverify. A Youverify alternative and competitor.Read more
RegtechBetter for maintaining compliance with evolving financial regulations through ongoing monitoring and integration with global watchlists.Read more
IT GlueBetter for IT documentation and password management. More suitable for IT professionals and MSPs. Caters to the software and IT industry.Read more
Auth0 by OktaBetter for single sign-on, multi-factor authentication, and user management. More suitable for businesses focused on software development needing customizable authentication and authorization. Rated lower than Youverify on some platforms. Users report a steeper learning curve and complex pricing.Read more
Fraud & SecurityMore focused on general fraud and security, rather than specific KYC/AML compliance. Lacks specific features like KYB checks, transaction monitoring, and compliance reporting. Serves a broader range of industries.Read more
Youverify FAQ
What is Youverify and what does Youverify do?
Youverify is a cloud-based compliance and fraud prevention software. It offers KYC/AML checks, transaction monitoring, and compliance reporting. Youverify helps businesses automate decisions, reducing risks related to onboarding customers, employees, and partners. It primarily serves the financial, banking, and startup sectors.
How does Youverify integrate with other tools?
Youverify integrates seamlessly with existing systems through its API, facilitating smooth data exchange. It offers easy integration options for businesses looking to enhance their KYC and AML compliance processes. Users praise its straightforward integration capabilities, making it a valuable addition to their workflows.
What the main competitors of Youverify?
Top alternatives to Youverify include ComplyCube, Sumsub, and Regtech. These competitors offer similar KYC, AML, and fraud prevention solutions, often with varying focuses on specific industries and business sizes. For example, Sumsub caters to mid-sized and larger companies, while ComplyCube emphasizes fast identity verification.
Is Youverify legit?
Youverify is a legitimate KYC and AML compliance software solution. User reviews praise its ease of integration, reliable service, and effective fraud detection. However, some users mention the high cost and complex API documentation as drawbacks. So, while Youverify is safe and effective, consider the pricing and technical aspects based on your business needs.
How much does Youverify cost?
I couldn't find pricing details for Youverify. For the most current pricing information, it's best to visit their website or contact their sales team directly. This will ensure you get the most relevant product pricing data.
Is Youverify customer service good?
Youverify's customer support receives positive feedback, with users describing it as "great," "responsive," and "efficient." While some users mention slow verification times, the overall sentiment towards customer service is favorable.
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.