Software Alternatives & Reviews

nerdwallet VS Sumsub

Compare nerdwallet VS Sumsub and see what are their differences

nerdwallet logo nerdwallet

Quora for Finance

Sumsub logo Sumsub

One verification platform to secure the whole user journey
  • nerdwallet Landing page
    Landing page //
    2022-12-13
  • Sumsub Landing page
    Landing page //
    2022-10-30

Sumsub is the one verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.

Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin).

nerdwallet videos

Millionaire Reacts To NerdWallet TV Ad

More videos:

  • Review - Nerdwallet: Avoiding Personal Debt
  • Review - NerdWallet Review Best Credit Cards I December 2020

Sumsub videos

How Sumsub KYC works

More videos:

  • Demo - Full-cycle business verification (KYB)
  • Review - The most flexible transaction monitoring solution (KYT)

Category Popularity

0-100% (relative to nerdwallet and Sumsub)
Personal Finance
100 100%
0% 0
Identity Verification And Protection
Financial Planner
100 100%
0% 0
Identity Verification
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare nerdwallet and Sumsub

nerdwallet Reviews

Best 9 Personal Finance Software For Windows 11, 10 Free PC, Surface Pro
NerdWallet is an ideal finance software for personal and small business users. The software has plenty of tools to keep an eye on your financial movements. It is great software for those who want to improve their financial health by simply tracking down and managing their money transactions.

Sumsub Reviews

  1. Hands down one of the best experiences with document verification. I have to go through this kind of checks on a weekly basis and sumsub is relatively fast and has a smooth interface that guides you through the whole process. Solid 5/7

    👍 Pros:    Super fast

Discover the Top 5 Identity Verification Providers in 2023
When it comes to capabilities, flexibility is a key selling point as it empowers organizations to align the identity verification service with their unique workflows, compliance needs, and risk appetite. Different vendors provide different levels of customizations, with ComplyCube and SumSub offering the most flexible and granular options in their respective online portals.

Social recommendations and mentions

Based on our record, nerdwallet should be more popular than Sumsub. It has been mentiond 43 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

nerdwallet mentions (43)

  • Suggestions for HELOC provider?
    My mortgage holder, Wells Fargo, no longer offers HELOCs. I browsed bankrate.com and nerdwallet.com and see many providers, but only a few banks. I do not recognize many of the companies on the list. (Ex: https://www.nerdwallet.com/mortgages/heloc-rates). Source: 9 months ago
  • Can I get a mobile home with no credit?
    I would try renting first and when you are happy where you are and with your job for awhile consider getting a new homebuyers loan. Also, you need to work on your credit for that to happen. Call a bank and ask about a prepaid credit card. Then use that card to pay a small monthly bill (3-7% of the allotted credit) that you can have taken straight out of your checking account (at that same bank or a different one).... Source: 10 months ago
  • Banking
    There are some good reviews on moneysense.ca or nerdwallet.com or creditcardgenius.ca or savynewcanadian.com or ratehub.ca. Source: 11 months ago
  • Is Minnesota liberal?
    Tough choice between Minneapolis and Portland. I'd stay away from DC personally. I love it here in Minnesota, but have friends just outside Portland who like it there as well. Both areas have good schools in the suburbs and are great cities. I think public transit is better in Portland is better and you can't beat the wilderness opportunities in Oregon, but Minnesota has a TON of great parks and wilderness as... Source: 12 months ago
  • Credit Card News and Deals Roundup: Week of April 10, 2023
    Per NerdWallet, Chase provided the following additional information about the conversion:. Source: about 1 year ago
View more

Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: about 1 year ago
  • Binance p2p
    I didnt recieve my crypto from the p2p Transfer and its asking for me to do verification from sumsub.com. I have no idea what this website is but I filled out the verification and it says they are partnered with Binance. Source: about 1 year ago
  • Community discussion about Spectrum Finance $SPF token in this thread December 9th, 6 pm UTC — Please join!
    KYC and data storage could be done by a trusted third-party service called Sum and Substance. Source: over 1 year ago
  • Level 2 verification - document not approved / CS not replying
    It might be required to present proof of address for KYC, which you can learn more about here. The KYC procedure is handled by our partners at sumsub.com and they are the ones checking the validity of the document. Source: over 1 year ago
  • Is there a way to verify my account with non-english IDs/ PoA?
    Updated the link with the source. Hope it helps. https://sumsub.com/. Source: almost 2 years ago
View more

What are some alternatives?

When comparing nerdwallet and Sumsub, you can also consider the following products

Mint - Free personal finance software to assist you to manage your money, financial planning, and budget planning tools. Achieve your financial goals with Mint.

Onfido - Onfido is the data-driven platform for intelligent background checking.

Personal Capital - Take control of your money now with Personal Capital. Manage assets and investments, get objective advice and strategies, all in one place.

Veriff - Smart and scalable identity verification.

Quicken - Stay in control of your monthly cash flows, budgets, and expenditures. Quicken provides a navigable interface where you can organize your debit, credit, and savings, and build good habits accordingly.

Shufti Pro - Shufti Pro offers AI-based KYC and AML screening solutions empowered with biometric authentication.