TrustRadius

AnChain.ai vs. Onfido

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AnChain.ai
Score 10.0 out of 10
N/A
Based in Silicon Valley, AnChain.AI is a blockchain analytics company that specializes in AI-powered platforms. AnChain.AI provides around-the-clock protection, securing crypto exchanges, protocols, and DApps worldwide for several millions of dollars in weekly transaction amounts. The Situational Awareness Platform (SAP) proactively protects crypto assets by providing proprietary artificial intelligence, knowledge graphs, and threat intelligence on blockchain transactions. The vendor states the…N/A
Onfido
Score 7.2 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
Pricing
AnChain.aiOnfido
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
AnChain.aiOnfido
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
User Ratings
AnChain.aiOnfido
Likelihood to Recommend
10.0
(1 ratings)
7.3
(1 ratings)
User Testimonials
AnChain.aiOnfido
Likelihood to Recommend
AnChain.ai
AnChain.ai is well suited to assist financial institutions with a wide range of cryptocurrency issues and scenarios that are arising in the cryptocurrency vertical
Verified User
Anonymous
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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.
AB
Adam Broadbent
Head of Car Sharing
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Pros
AnChain.ai
  • investigations
  • AML/KYC
  • reporting
Verified User
Anonymous
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Onfido
  • Facial recognition of driver's license information
  • Easy to integrate SDK
  • Certified by governing bodies e.g soc 2 type 2 compliant
AB
Adam Broadbent
Head of Car Sharing
Read full review
Cons
AnChain.ai
  • reporting
  • tracking
  • tracing
Verified User
Anonymous
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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.
AB
Adam Broadbent
Head of Car Sharing
Read full review
Alternatives Considered
AnChain.ai
We selected AnChain.ai because it stood up to the other products and solutions for scale, breath, security, and functionality
Verified User
Anonymous
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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.
AB
Adam Broadbent
Head of Car Sharing
Read full review
Return on Investment
AnChain.ai
  • managing risk
  • responding to regulators
  • KYC/AML
Verified User
Anonymous
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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
AB
Adam Broadbent
Head of Car Sharing
Read full review
ScreenShots