Onfido vs. Signzy

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Onfido
Score 6.8 out of 10
N/A
Onfido simplifies identity verification with a platform used by over 900 businesses with the goal of navigating KYC and AML requirements, stopping fraud, and delivering exceptional onboarding experiences.N/A
Signzy
Score 1.0 out of 10
N/A
Signzy is a platform that enables financial institutions to onboarding customers and businesses using a digital medium. The company’s no-code GO platform delivers multi-channel onboarding journeys while offering customizable workflows. It gives these players access to an aggregated marketplace of 240+ bespoke APIs that can be added to any workflow with widgets.N/A
Pricing
OnfidoSignzy
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
OnfidoSignzy
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
User Ratings
OnfidoSignzy
Likelihood to Recommend
7.3
(1 ratings)
1.0
(1 ratings)
User Testimonials
OnfidoSignzy
Likelihood to Recommend
Onfido
Onfido is well suited for integrations within a mobile app for automated document processing and validation e.g. driver's licenses, passports etc. Onfido is less well suited for web applications since the quality and accuracy of the checks is very dependent on the quality of the image captured which in general is less high quality from a webcam.
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Signzy
I will not recommend Signzy to any of my refrences they have very poor customer service and customer support model.
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Pros
Onfido
  • Facial recognition of driver's license information
  • Easy to integrate SDK
  • Certified by governing bodies e.g soc 2 type 2 compliant
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Signzy
No answers on this topic
Cons
Onfido
  • Dashboard - current analytics are very high level pass, consider, fail - would like a more detailed breakdown of reasons why consider / fail aggregated in an easy to view format.
  • Speed consistency - sometimes Onfido checks are very fast, sometimes it takes a lot longer
  • OCR - we had issues with OCR data quality and had to add a step for users to verify information captured via OCR from Driver's Licenses.
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Signzy
No answers on this topic
Alternatives Considered
Onfido
Ultimately went with Onfido due to previous experience with applications & products that had worked with Onfido and from research Onfido appeared to be one of the main providers in the space providing reassurance internally on use of relatively new technology. Onfido security and compliance was also standout helping pass internal audits by cybersecurity and legal. Downside with Onfido is that the pricing model is complex and relies on accurate predictions of platform/user growth to secure the best price-per-check which is challenging in a startup environment.
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Signzy
No answers on this topic
Return on Investment
Onfido
  • Strong ROI compared to manual alternatives
  • Slightly unclear how Onfido ROI would be better/worse than competitors in the space - a lot of similar offerings out there
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Signzy
No answers on this topic
ScreenShots