TrustRadius

IDnow vs. Socure

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IDnow
Score 7.0 out of 10
N/A
IDnow is an identity proofing platform provider in Europe. The IDnow platform offers identity verification and document signing solutions. Ranging from automated to human-assisted, from purely online to point-of-sale, IDnow states their identity proofing methods are optimized to assure the highest security standards with maximum user conversion.N/A
Socure
Score 8.8 out of 10
N/A
Socure is an AI-powered identity verification system designed to help financial services companies prevent identity fraud losses and remain compliant. The system is comprised of ID+, the identity verification mechanism, a KYC (Know Your Customers) Compliance add-on, which uses additional personally identifiable information to authenticate users, and Watchlist products to check international sanctions and enforcement lists for AML (Anti-Money Laundering) compliance.N/A
Pricing
IDnowSocure
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IDnowSocure
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
IDnowSocure
User Ratings
IDnowSocure
Likelihood to Recommend
7.0
(1 ratings)
-
(0 ratings)
User Testimonials
IDnowSocure
Likelihood to Recommend
IDnow
It's a good way to get up and running with a KYC process, albeit a bit clunky once set up. I would not recommend IDnow to an enterprise-level company because I think it's more conducive to a smaller, mid-sized business more so than a larger organization looking for all the bells and whistles.
Verified User
Anonymous
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Socure
No answers on this topic
Pros
IDnow
  • Regulatory requirements.
  • AML requirements.
Verified User
Anonymous
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Socure
No answers on this topic
Cons
IDnow
  • Customer service.
  • Less buggy identification process.
  • Wait time for support.
Verified User
Anonymous
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Socure
No answers on this topic
Return on Investment
IDnow
  • Positive: higher KYC success rates.
  • Positive: less fear over regulatory requirements.
  • Negative: lots of time and effort debugging from time to time.
Verified User
Anonymous
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Socure
No answers on this topic
ScreenShots

IDnow Screenshots

Screenshot of the start of the flowScreenshot of where to agree to terms and conditionsScreenshot of introduction to the ID verification flowScreenshot of a scan of the front of an ID documentScreenshot of a scan of the back of an ID documentScreenshot of a biometric video selfie / liveness detection step

Socure Screenshots

Screenshot of the Predictive DocV end-to-end suite of fraud and identity solutions. Socure verifies digital identity and predicts fraud throughout the digital customer lifecycle to reduce fraud losses without compromising customer experience. With its capture experience, forensic engine, and data extraction, Predictive Document Verification (DocV) approves more good customers while eliminating bad actors in real time.Screenshot of the Capture App, which provides a guided user experience, correcting for blur, glare, and low light situations, with accessibility features to verbalize guidance for visually impaired users. Enhanced facial biometrics with NIST PAD Level 2 certification for liveness detection stops spoofing attacks. Lightweight mobile SDKs are available for iOS, Android, and React Native, while the Web SDK can be integrated through a browser-based widget that initiates requests via a unique link, QR code scan, or from a CRMScreenshot of Predictive DocV's response time, which is under 2 seconds without compromising on integrity. Predictive DocV reduces bias by training its system on robust data.Screenshot of the population coverage of Socure’s KYC solution, designed to optimize the acquisition of hard-to-identify segments, including Gen-Z, millennials, credit-invisible, thin-file, new-to-country to achieve frictionless auto-approvals for all populations.