Best Identity Verification Software for Macrobank Core Banking Software

Sumsub is a comprehensive identity verification platform designed to safeguard each phase of the user experience. With its adaptable KYC solutions—encompassing identity verification, document checks, and non-document validations, among others—alongside KYB, AML, transaction monitoring, and fraud prevention services, Sumsub empowers you to streamline your verification processes. This allows you to attract a broader customer base globally, comply with regulatory standards, lower operational costs, and secure your enterprise. The platform boasts impressive conversion rates, achieving 91.64% in the United States, 95.86% in the United Kingdom, and 97.89% in Hong Kong, all while completing user verifications in under 50 seconds on average. Sumsub adheres to the recommendations set forth by the FATF, aligning with international AML/CTF standards and local regulatory frameworks, including those established by FINMA, FCA, CySEC, MAS, and BaFin. With a diverse portfolio of over 2,000 clients spanning various sectors such as fintech, cryptocurrency, transport, trading, e-commerce, and gaming, notable names include Bitpanda, Wirex, Avis, Bybit, Huobi, Kaizen Gaming, and TransferGo.

Ondato offers identity verification, business onboarding, customer data platform, due diligence, and authentication solutions tailored to fit in your everyday workflow. Our tools fit the entire customer lifecycle management, starting from onboarding and ending with continuous user monitoring. It's a one-stop solution whether you're worried about compliance or are looking for a more user-friendly data management platform.

Shufti is a global identity verification, KYC, and AML compliance platform powered by a fully proprietary AI stack with no third-party dependencies. It enables businesses to manage identity verification, business verification (KYB), AML screening, proof of address, age verification, deepfake detection, and Video KYC through a single platform. Operating in 240+ countries and territories and supporting 150+ languages, Shufti verifies 10,000+ document types, including complex non-Latin scripts such as Arabic, Chinese, Cyrillic, Japanese, and Korean. The platform is available through cloud and on-premise deployment. Key capabilities include biometric authentication, 3D liveness detection, presentation attack detection, electronic identity verification (eIDV), and Video KYC. Its KYB solution verifies companies, directors, and ultimate beneficial owners (UBOs) through global registries. Shufti’s AML solution provides sanctions, watchlist, and PEP screening, automated due diligence workflows, transaction screening, and ongoing monitoring. Additional features include age verification for regulated industries, docless proof-of-address verification across 85+ countries, and advanced deepfake and synthetic identity detection. Shufti serves financial services, banking, fintech, crypto, iGaming, insurance, healthcare, and e-commerce organizations, helping them streamline onboarding, prevent fraud, and maintain compliance throughout the customer lifecycle.

Veriff is the preferred identity verification and authentication platform partner for the world's most innovative growth-driven organizations, including online marketplaces, financial services, gaming and mobility companies, and other sectors. By combining AI and human verification teams, Veriff ensures bad actors are kept at bay, and genuine users experience minimal friction in their customer journey. Veriff enables organizations to build customer trust through seamless, AI-powered identity verification and authentication. The Veriff IDV platform offers secure, scalable solutions trusted by organizations across industries. Veriff’s identity verification platform comes with a 98% check automation rate, a six-second average decision time, more than 12,000 identity documents in our document database, and a first-class UX that allows 95% of users to be verified on the first try.