{"id":115709,"date":"2024-07-10T13:11:15","date_gmt":"2024-07-10T11:11:15","guid":{"rendered":"https:\/\/ondatolive.wpenginepowered.com\/?p=115709"},"modified":"2025-10-02T14:06:49","modified_gmt":"2025-10-02T11:06:49","slug":"g2-summer-2024","status":"publish","type":"post","link":"https:\/\/ondato.com\/pl\/blog\/g2-summer-2024\/","title":{"rendered":"Ondato: A Leader in AML Software and Identity Verification"},"content":{"rendered":"\n<p>We are thrilled to announce that G2&#8217;s Summer Report 2024 has recognized Ondato with 18 badges, solidifying our reputation as a trusted provider in various software fields. This quarter, Ondato has been named twice a Leader in the <a href=\"https:\/\/ondato.com\/aml-software\/\">Anti-Money Laundering<\/a> and <a href=\"https:\/\/ondato.com\/identity-verification\/\">Identity Verification<\/a> category, a testament to G2\u2019s continued recognition of our expertise in the industry.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/ondato.com\/book\/\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"299\" src=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Banner-1-1024x299.webp\" alt=\"Ondato AML software leader\" class=\"wp-image-115733\" srcset=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Banner-1-1024x299.webp 1024w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Banner-1-300x88.webp 300w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Banner-1-768x224.webp 768w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Banner-1.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>We are deeply honored to know that our customers are satisfied with our service. In this article, we want to take a closer look at the G2 awards.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Ondato\u2019s Awards<\/strong><\/h2>\n\n\n\n<p>Here\u2019s a closer look at the titles G2 has awarded Ondato this quarter:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Anti-Money Laundering Category<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"288\" src=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-1-1024x288.webp\" alt=\"G2 awards for Ondato\" class=\"wp-image-115719\" srcset=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-1-1024x288.webp 1024w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-1-300x85.webp 300w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-1-768x216.webp 768w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-1.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Leader<\/li>\n\n\n\n<li>Momentum Leader<\/li>\n\n\n\n<li>High Performer in EMEA<\/li>\n\n\n\n<li>High Performer in Europe<\/li>\n\n\n\n<li>Mid-market High Performer<\/li>\n\n\n\n<li>Small Business High Performer<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Identity Verification Category<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"288\" src=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-3-1024x288.webp\" alt=\"G2 awards for Ondato\" class=\"wp-image-115723\" srcset=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-3-1024x288.webp 1024w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-3-300x85.webp 300w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-3-768x216.webp 768w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-3.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Leader<\/li>\n\n\n\n<li>High Performer in EMEA<\/li>\n\n\n\n<li>High Performer in Europe<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Biometric Authentication Category<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"288\" src=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-2-1024x288.webp\" alt=\"G2 awards for Ondato\" class=\"wp-image-115721\" srcset=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-2-1024x288.webp 1024w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-2-300x85.webp 300w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-2-768x216.webp 768w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-2.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Momentum Leader<\/li>\n\n\n\n<li>Easiest To Do Business With<\/li>\n\n\n\n<li>High Performer in EMEA<\/li>\n\n\n\n<li>High Performer in Europe<\/li>\n\n\n\n<li>High Performer<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Age Verification Category<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"288\" src=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-6-1024x288.webp\" alt=\"G2 awards for Ondato\" class=\"wp-image-115731\" srcset=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-6-1024x288.webp 1024w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-6-300x85.webp 300w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-6-768x216.webp 768w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-6.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Easiest To Do Business With<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>E-commerce Category<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"288\" src=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-4-1024x288.webp\" alt=\"G2 awards for Ondato\" class=\"wp-image-115727\" srcset=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-4-1024x288.webp 1024w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-4-300x85.webp 300w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-4-768x216.webp 768w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-4.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Easiest To Do Business With<\/li>\n\n\n\n<li>High Performer<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Governance, Risk and Compliance Category<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"288\" src=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-5-1024x288.webp\" alt=\"G2 awards for Ondato\" class=\"wp-image-115725\" srcset=\"https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-5-1024x288.webp 1024w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-5-300x85.webp 300w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-5-768x216.webp 768w, https:\/\/ondato.com\/wp-content\/uploads\/2024\/07\/v01_2024-07_G2_Figure-5.webp 1200w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<ul class=\"wp-block-list\">\n<li>High Performer<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Why Ondato?<\/strong><\/h2>\n\n\n\n<p>With the awards in mind, let\u2019s look at why our customers choose us:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Cost Efficiency<\/strong><\/h3>\n\n\n\n<p>Traditional Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures typically involve substantial expenses, including labor, office space, technology, training, and other associated costs. The cost of employing skilled KYC specialists alone can exceed that of any compliance solution. By integrating an automated compliance service like Ondato, businesses can significantly reduce overall <a href=\"https:\/\/ondato.com\/blog\/anti-money-laundering-compliance\/\">AML compliance<\/a> costs, potentially cutting them by half or more, depending on their unique circumstances.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Reduced KYC\/AML Processing Time<\/strong><\/h3>\n\n\n\n<p>There is a direct correlation between the speed of application processing and customer satisfaction. Minimizing the duration of KYC and AML processes is crucial for retaining clients. On average, banks spend around 18 minutes verifying a client&#8217;s identity and conducting KYC and AML checks, often leading to customer frustration. Ondato significantly reduces these processing times, alleviating customer frustration.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Enhanced Customer Experience<\/strong><\/h3>\n\n\n\n<p>Digital identity verification offers users a seamless and convenient experience. Advances in regulatory technology allow for the effortless collection of sensitive KYC data and documents. By eliminating the need for in-person interactions, customers can easily become clients of banks or cryptocurrency traders from the comfort of their homes.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Improved KYC Success Rate<\/strong><\/h3>\n\n\n\n<p>In manual KYC processes, human errors are inevitable and can sometimes lead to the omission of critical KYC data, which might indicate a client\u2019s high-risk status. Integrating AI-based Regtech solutions enhances the efficacy of the verification process. These solutions excel at detecting document alterations and spoofing attempts, thereby effectively reducing potential risks.<\/p>\n\n\n\n<p>Uncover the impact Ondato has on the KYC and AML market by exploring our top-rated products:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/ondato.com\/authentication-solutions\/biometric-authentication\/\">Biometric authentication service<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/ondato.com\/business-verification-services\/\">Business verification service<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/ondato.com\/sanctions-screening-and-monitoring\/\">Sanctions screening and monitoring software<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/ondato.com\/age-verification\/\">Age verification software<\/a><\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We are thrilled to announce that G2&#8217;s Summer Report 2024 has recognized Ondato with 18 badges, solidifying our reputation as a trusted provider in various software fields. This quarter, Ondato has been named twice a Leader in the Anti-Money Laundering and Identity Verification category, a testament to G2\u2019s continued recognition of our expertise in the [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":115716,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[12],"tags":[],"class_list":["post-115709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.6 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ondato: A Leader in AML Software and Identity Verification | Ondato Blog<\/title>\n<meta name=\"description\" content=\"With G2&#039;s Summer 2024 report, Ondato has once again been awarded several titles in AML, age verification, 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