Jumio vs. Plaid

I
would recommend this tool to every company that wants to establish an
enterprise-wide authentication policy. I am using this tool and I find it helpful in protecting my most
valuable and important data, applications, resources, and information. The most
important thing about this product is that it provides smarter anti-fraud and
compliance solutions for the security of fast-growing businesses.

Incentivized

Plaid is extremely well suited to be your payment API if you're a start-up looking to scale your banking connections fast and securely. Their API is fully functional upon integration. Most end-users have encountered Plaid before so it's a trusted platform for many consumers so even if you're a new app, users feel comfortable connecting their bank through Plaid.

Incentivized

• API is easy to use.
• Sales person setup the call pretty quickly.
• Documentation is good.

Incentivized

• Plaid connects with 100s of US consumer banks.
• Plaid continuously updates its software to meet the requirements of individual banks.
• Plaid can get your company's payment processing up and running faster than traditional methods.

Incentivized

• This tool stops working immediately when any customer touches the debit card or bill statement on its screen many times.
• I found this tool quite expensive than other authentication tools.

Incentivized

• Consumer feedback or troubleshooting typically comes back to us because Plaid doesn't have an easy way of re-routing support once a user encounters a problem.
• Update timelines could be clearer when they are working on updating a connection with a certain bank.
• The search functionality for the user to find their bank could be a little more robust.

Incentivized

I
have used above mentioned platforms but I found the Jumio best solution for my
organization as it provides us with a frictionless onboarding experience. As
compared to its alternatives it offers a quick and unique identifier for
exceptional security. I am strongly encouraged by this product as it enables
safety and trust online by powering fraud and compliance systems in the whole
world in comparison with other tools.

Incentivized

• It has expanded our user base.
• It has increased the trust that our customers place in us.
• It has reduced our legal liability.

Incentivized

• Plaid got us up and running with most US-based and even some international banks with minimal engineering effort.

Incentivized