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Why Ondato is a Better Alternative

Ondato offers SaaS-based solutions for all of your Anti-Money Laundering (AML) and Know Your Customer (KYC) needs. Providing tools with exemplary accuracy and covering the entire user lifecycle to turn compliance into a benefit, Ondato allows businesses to cut their KYC-related costs by 90%.

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Ondato vs. Competitors

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Centralised Hub

With one of the largest product scopes both in terms of the number of solutions we offer and the suitability for the various needs of different industries, Ondato combines all tools in one centralised hub to make adhering to regulations convenient by saving time and resources for any business.

Multi-Jurisdictional Compliance

With Ondato, you can feel secure in following AML regulations no matter the jurisdiction your business operates in. We not only cover 192 countries but also ensure you can easily adapt to any regulation changes. To accommodate all clients, our OCR technology can read over 10 000 document templates, across 186 countries.

Why Clients Trust Ondato

Ondato has aligned perfectly with our priorities, responding rapidly and iterating on their offering to help us achieve our desired delivery. Through direct collaboration and problem-solving, we have formed a mutually beneficial partnership that has improved integration and allowed us to become a digital-first telco provider in the MENA region. With Ondato’s support, we now offer fully online experiences and have established world-leading registration. Their expertise and commitment make them highly recommended for seamless integration and digital transformation.
Ooredoo
Telecommunication
Ondato is a trusted and valued business partner. Their market leading age and identity verification technology is a key element of OnlyFans safety controls. We enjoy the close working relationship we have with their team and we know that they value our feedback and reflect this in their product roadmap.
OnlyFans
Internet content subscription services
We take our clients' experience and privacy very seriously, which is why we chose and continue to work with Ondato. We wanted an efficient identity verification solution, and that is exactly what we got. The client onboarding process we now employ is quick, accurate and easy to understand.
Compensa
Insurance
The Ondato KYC solution is a fantastic tool that we always rely on! It simplifies the client onboarding process and lowers our operational costs. The team is quick to respond and eager to hear any concerns or suggestions. Also, they update their tools frequently, so you're always satisfied with their quality of service. We're happy to partner with a great organisation that goes above and beyond for its clients.
Mindaugas Gaulia
Head of Compliance at kevin.
As fully digital bank for SMEs, we have been working with Ondato since the beginning. We are happy to have a reliable and professional partner for our client’s identification services and bank customer on-boarding journey. Ondato enables us to provide fast and seamless application process for EU member citizens and services to our clients.
SME Bank
Banking industry
Secure identity check, verification and onboarding is one of the cornerstones for digital services and society in general, during the Lighthouse program Ondato has shown their excellence in developing a real solution tackling this problem.
SEB
Banking industry
Ondato KYC solution allowed us to simplify the client’s onboarding process and reduced our operational costs. It was the simplest and fastest integration that we have ever seen, thanks to advising and to the great support of Ondato team.
General Financing
Banking industry
As a specialized online loan bank operating exclusively on the Internet, Ondato has enabled us to work with clients who do not have qualified e. signatures and this has helped us to significantly expand the customer base, increase sales and fulfill its vision of a full-digital bank without paper documents.
Fjord Bank
Banking industry
We started to cooperate with Ondato three years ago. We needed an easy to integrate one-stop-shop solution in order to evaluate customers financial information. Budget and timing were very strict, and they just nailed it.
SAVY
Loan services
Personal data is a core area we work with, so we had three main requirements from Ondato - bank-level security, compliance with GDPR and other international data protection laws and global database coverage. We have got ourselves a very convenient and tailor-made solution.
CREDITINFO
Financial services
By taking advantage of good feedback and working their a***s off, The team at Ondato has made big strides in a short time period. They were able to transition from a fairly basic consumer facing product to a complex business solution that is of high interest to financial institutions and global payments companies.
NFT ventures
Financial services
As a leading Lithuanian crowdfunding platform that connects investors with borrowers seeking financing for their real estate development projects, we have been working with Ondato for their identification services and customer onboarding journey. Ondato has allowed us to simplify the client onboarding process and reduce operational costs thanks to its simple and fast integration. For these reasons, we are delighted to be business partners with Ondato.
Profitus
Crowdfunding
For years, Ondato's automatic identification confirmation has been a reliable and efficient solution to ensure our services' security. Besides that, we appreciate their quick response to our needs and willingness to make improvements or upgrades when necessary. They are also very prompt in resolving any issues that may arise.
Citybee
Sharing economy
Ondato's user-friendly identity verification solution is an essential tool for our business. Their robust security measures ensure our processes are AML compliant while keeping us and our customers secure. Ondato makes fraud prevention easy and allows us to streamline our onboarding process.
Choise
Crypto industry
Working with Ondato's onboarding and screening product has been a game changer for our organization's AML compliance. The successful cooperation not only enhanced our compliance process but also lowered the costs, improved the quality and speed of the Player's onboarding, and saved time operationally. The cooperation with Ondato's Team is something that has them stand out from their competitors, their high-level of responsiveness and solution-oriented mindset in challenging tasks is a real strong suite.
Tonybet
Gambling
Work with the best KYC and AML provider

FAQ

Ondato offers everything you need for efficient AML practices:
  • Identity verification;
  • Business onboarding;
  • Age verification;
  • AML screening and monitoring;
  • Due diligence processes;
  • Authentication;
  • Transaction monitoring (with the help of our partners);
  • And more.
Our automated identity verification can be completed in up to 60 seconds, while assisted identity verification, which employs video calls and allows agents to create connections with potential customers, can be completed in less than 3 minutes.
Ondato provides numerous advantages, including but not limited to:
  • Compliance: Ensure adherence to legal and regulatory standards through an efficient verification process, promptly responding to any modifications or updates in regulations.
  • Risk Mitigation: Effectively identify and mitigate potential risks linked to fraud, money laundering, and other illicit activities.
  • Customer Experience: Deliver an optimal user journey for your customers and foster trust by employing a customisable process tailored to your business requirements.
  • Streamlined Onboarding Processes: Utilise automation to streamline the customer onboarding journey, encompassing identity verification and ongoing monitoring.
Ondato offers two main pricing models to accommodate both smaller and bigger businesses. Pricing can be based on volume or include a monthly commitment.