Ekata, a former part of the Whitepages company, and now a Mastercard company since the April 2021 acquistion, offers identity verification, data validation, and data enrichment services based on the Ekata Identity Engine (EIE), a machine learning based system used to derive links from real-time transactions within the company's proprietary network and data licenses. The service includes address and phone number validation APIs, among other services.
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Trust Swiftly
Score 8.7 out of 10
Small Businesses (1-50 employees)
In
an era where digital transactions and interactions have become the norm,
ensuring the security and trustworthiness of online identities has become a
paramount concern for businesses. Trust Swiftly is an identity
verification service that aims to simplify and enhance the process of user
authentication. By leveraging advanced technologies and robust security
measures, Trust Swiftly helps businesses to establish…
Fraud data analysis programming is available. Advanced backtracking studies, repartitions and possibility modelers, data collation and analysis of time sequences. It has artificial intelligence and automation to optimize the promptness and accuracy of the fraud discovery platform. they combine predictive analysis methods, which allows you to quickly discover possible imminences that endanger security.
The software is used well for us since we wanted to cut down on incorrect invoicing and fraudulent purchase orders from our distributors. We were dealing with some fake transactions that then were sent through our sales pipeline and ultimately were paid out. For businesses that are looking for 3rd party verifications to prevent these types of mistakes it has worked well.
Some of the top parts is the speed at which the checks can be completed. Usually customers get notified right away and then complete it within a few minutes. Other solutions we had to wait a long time for the customer to fill out the information needed.
We also liked the pricing structure as it fit our budget and allowed us to have enough security without giving up many features. This balance was important to see what we needed to pay extra for such as lookups on government databases.
Having the branding and customization was another benefit as we could match all the themes and different collection points to our own tools.
The investigation of the effectiveness of the internal control system is a fundamental part of these commitments, this segment is the most responsible for the design, or if it does not fail, even if the software provides advanced tools.
The commitment cannot order as it was said previously only to the software; what is delegated is the command to exercise the commitment, which usually ends the ruling.
There could be better pricing for bulk and volume discounts when you go over a certain amount of checks. We wanted to scale more for the PEP ones but knew there would be some added costs.
There is no NFC check for passports which we thought could help us verify more countries than the original amount.
We have robust chargeback management software designed to quickly level out oddities based on a customer's first conduct to help us as a vulnerable business spot potential chargeback scams and revenue loss. It condescends to concentrate efforts on prevention instead of reaching sanctions and investigations and then falling into services to recover costs.
We didn't really compare other solutions since this one beat them out on pricing right now so it met our budget. There were a few other options we found using Google search and review sites like TrustRadius but nothing was really fitting our needs. We wanted a company in the USA too so that helped make the decision and they had the ability to get on calls with us to answer questions. The other options we looked at took too long to setup meetings and answer some basic questions about their product.
More customers signup with us now that there is less setup time for their accounts. the onboarding process is much faster. The flow for verifications has been better and can help us get going when we need to use it most.
Our budget was lower and the roi took only a month or two then we started seeing savings from increased customer acquistions. We made sure each budget was adjusted according to the rate of signups and season.
Our main business objective has been international expansion and the tool made us confident we could do it safely. We felt it was a good fit.
