If you’re looking for the right Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance solution for you, look no further. Backed by G2 feedback, the comparison shows Ondato as the better option on all aspects.

Overall, Ondato is a whole point higher than Jumio due to positive working relationships with clients, exemplary customer support and the simplicity in setup.

Technological and Coverage Aspects

Global Outreach

Ondato boasts a wide-reaching global presence concerning identity verification, business onboarding, AML screening, and aiding businesses and users across diverse countries and regions. Ondato can cater to customers from 192 countries and has the capability to scan and scrutinise over 10,000 diverse document templates. In comparison, Jumio is only capable of processing 5,000 types of document templates.

Compliance with Regulations

Ondato excels in adhering to KYC and AML compliance, meeting different regulatory requirements in various jurisdictions, ensuring businesses availing their services adhere to legal standards.

Ondato’s array of solutions and technologies enables the arrangement of processes to comply with the regulations of any country. For example, both photo-based identity verification with liveness check and video-based verification with agents can be employed. There may also be compressed versions or additional scans added, covering e-signatures, AML screening modules, etc.

Cutting-Edge Technology

Ondato harnesses advanced technologies, including artificial intelligence and machine learning, to boost the accuracy and efficiency of identity verification processes.

Ondato utilises and develops its own OCR technology based on ML and AI, specifically tailored for scanning personal documents and preventing document forgery.

Robust AML Compliance Measures

Ondato gathers data from over 15 thousand Global AML sources. This includes thousands of Sanctions lists, which are updated every 3 hours, 24/7. Politically exposed persons information from over 16 million PEP profiles. Reputational risk media articles, of which 6.5 million are scanned every day.

Customisation and Integration

Ondato offers a high degree of customisation and integration, enabling businesses to tailor identity verification processes to their unique needs. The seamless integration into existing systems ensures a smooth and efficient workflow, making Ondato a versatile and adaptable choice for businesses of all sizes.

To empower companies in selecting the best processes for them, Ondato provides multiple options for various tools. In addition to automated identity verification, Ondato allows the implementation of video-based identity verification. This method preserves the human connection inherent in in-person visits while enhancing the overall process. Additionally, NFC-based identity verification is available for businesses seeking to incorporate this modern compliance tool for the utmost security.

Security Features

Ondato provides robust security features to safeguard sensitive user data during the identity verification process, upholding the highest standards of data protection and privacy. Ondato is:

  • GDPR compliant.
  • Compliant with the Electronic Identification, Authentication and Trust Services (eIDAS) regulation and meets ETSI technical standards.
  • ISO 27001:2013 certified, signifying that Ondato systematically evaluates information security risks, considering the impact of threats and vulnerabilities.
  • Utilising unshareable and un-phishable biometric technology that passes NIST Level 1 and 2 PAD testing.

Scalability and Pricing

Ondato is scalable to accommodate the needs of both small businesses and large enterprises, providing flexibility and adaptability as business requirements evolve.

Ondato’s service prices are among the most competitive in the market, with plans tailored to both small business customers and large corporations.

User Experience

User convenience takes centre stage in Ondato’s identity verification process. The platform prioritises a smooth and convenient experience for end-users, minimising friction and optimising overall user satisfaction. The intuitive design enhances accessibility, ensuring a hassle-free journey for individuals undergoing the verification process.

Customer Support

Ondato’s commitment extends beyond technology to exemplary customer support. The platform goes the extra mile, offering 24/7 assistance for implementation and troubleshooting. Businesses can rely on Ondato’s support team to address concerns and challenges promptly, further solidifying the platform’s dedication to customer satisfaction.

Learn what we did for our clients – Ondato case studies