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What is Veratad IDResponse?

Veratad provides comprehensive identity verification services that help businesses ensure compliance, prevent fraud, and streamline their onboarding processes. It is crucial for online companies to protect themselves from potential fraud, legal challenges, and regulatory penalties. Our IDResponse® platform serves as a flexible solution for authenticating customer identities. By leveraging the data you already collect from customers, along with rigorous document checks and biometric information, we make the onboarding process smoother, thus protecting your organization while reducing hassle for customers. You can instantly verify identities with various methods at your disposal. The traditional method, which involves matching customer-provided personal details with established databases, is frequently the most effective and cost-efficient option. For organizations that require greater flexibility or increased confidence, we also provide advanced verification techniques tailored to meet a range of needs and objectives. This approach not only fortifies your organization's security but also ensures a fluid experience for your clients, enabling you to build trust and foster long-lasting relationships.

What is Raytio?

Raytio offers a robust online platform for identity verification, aimed at streamlining compliance with anti-money laundering regulations while making the onboarding and review of new and existing clients quick, accurate, and secure. This cutting-edge solution automates the burdensome compliance tasks that professionals, including accountants, lawyers, and real estate agents, encounter during Customer Due Diligence (CDD), Know Your Customer (KYC), and Anti-Money Laundering (AML) activities. By efficiently verifying a client’s identity against a wide range of authoritative databases, Raytio not only simplifies the client onboarding process but also ensures that data remains current, thus reducing the anxiety linked to audits and enhancing the client experience. The platform reduces the likelihood of human error by conducting rapid automated checks against lists of fraudsters, blacklists, politically exposed persons (PEPs), and sanctions, which ultimately boosts the efficiency of the onboarding procedure. An effective onboarding process leads to a better customer experience, resulting in higher conversion rates for businesses. Additionally, Raytio’s intuitive interface allows both clients and professionals to easily navigate the verification process, building trust and reliability in every transaction. This seamless integration of compliance and user experience positions Raytio as a leader in the identity verification space.

Media

Media

Integrations Supported

GBG Identity Verification
Intuit Field Service Management
RegTechONE
Shift4Shop
TruNarrative
VERIFi

Integrations Supported

GBG Identity Verification
Intuit Field Service Management
RegTechONE
Shift4Shop
TruNarrative
VERIFi

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$50 per month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Veratad

Date Founded

2006

Company Location

United States

Company Website

veratad.com/solutions/identity-verification/

Company Facts

Organization Name

Raytio

Date Founded

2018

Company Location

New Zealand

Company Website

www.rayt.io

Categories and Features

Categories and Features

AML

Behavioral Analytics
Case Management
Compliance Reporting
Identity Verification
Investigation Management
PEP Screening
Risk Assessment
SARs
Transaction Monitoring
Watch List

KYC

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