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Onfido VS Lob Address Verification API

Compare Onfido VS Lob Address Verification API and see what are their differences

ComplyCube
Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance. featured
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Onfido logo Onfido

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

Lob Address Verification API logo Lob Address Verification API

Lob's address verification API enables companies to validate and standardize mailing addresses to ensure the mail reaches their customers.
  • Onfido Landing page
    Landing page //
    2023-01-24
  • Lob Address Verification API Landing page
    Landing page //
    2023-09-13

Onfido features and specs

  • Accurate Identity Verification
    Onfido uses advanced AI algorithms to ensure high accuracy in identity verification, reducing the likelihood of fraud.
  • Fast Processing Time
    The platform offers quick turnaround times for identity checks, allowing businesses to onboard customers more efficiently.
  • Global Coverage
    Onfido supports document verification from over 195 countries, making it a suitable solution for businesses with a global customer base.
  • User-Friendly Interface
    The platform is designed with a user-friendly interface, making it easy for both businesses and end-users to navigate.
  • Compliance
    Onfido helps businesses stay compliant with regulations like GDPR and other data protection laws, offering peace of mind.
  • Integration Flexibility
    The solution is easily integrable with various platforms and services through APIs, making it highly customizable to business needs.

Possible disadvantages of Onfido

  • Costly for Small Businesses
    The pricing of Onfido's services might be expensive for small businesses and startups, making it less accessible for them.
  • Dependence on Quality of Documents
    The accuracy of verification can be significantly affected by the quality of the uploaded documents, posing a risk if the images are unclear.
  • False Positives/Negatives
    While rare, false positives or negatives can occur, potentially leading to issues with customer onboarding.
  • Privacy Concerns
    As with any identity verification service, there are concerns around data privacy and how user information is stored and managed.
  • Customer Support
    Some users have reported that customer support can be slow to respond at times, which could hinder timely issue resolution.
  • Complexity of Integration
    Although Onfido offers flexible APIs, businesses without a robust technical team might find the integration process somewhat complex.

Lob Address Verification API features and specs

  • Accuracy
    Lob's Address Verification API offers high accuracy in validating and standardizing addresses globally, ensuring that the data is reliable and up to date.
  • Ease of Integration
    The API provides straightforward and well-documented integration processes, making it easy for developers to incorporate address verification into applications with minimal effort.
  • Real-Time Processing
    Lob's API processes address verifications in real-time, allowing users to instantly verify addresses during data entry or transaction processes.
  • Global Coverage
    The API supports address verification for a wide range of countries, providing comprehensive international coverage which is beneficial for businesses operating globally.
  • Scalability
    Lob provides a scalable solution that can handle a high volume of address verifications, suitable for businesses of varying sizes.

Possible disadvantages of Lob Address Verification API

  • Cost
    The cost of using Lob's Address Verification API can be relatively high for small businesses or startups, especially if high volumes of verifications are needed.
  • Dependent on Internet Connectivity
    As an online API, it requires stable internet connectivity to function, which may be a limitation in areas with unreliable internet access.
  • Customization Limitations
    While the API offers a lot of functionality, there may be limitations in terms of customization for specific business needs or niche applications.
  • Data Privacy Concerns
    Handling address data through a third-party service could raise privacy or compliance concerns, particularly for companies dealing with sensitive or regulated information.
  • Learning Curve
    Despite thorough documentation, there might be a learning curve for developers unfamiliar with working with APIs or address data.

Onfido videos

+ Add

Onfido Business Model | Onfido Interview & Review | Jobs in Onfido | Part 1

More videos:

  • Review - Onfido - NOAH19 Berlin
  • Review - Onfido: How their SDKs work, and how businesses work with them | Homescreen | Episode 68

Lob Address Verification API videos

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Category Popularity

0-100% (relative to Onfido and Lob Address Verification API)

Onfido

Lob Address Verification API

Security & Privacy
100 100%
Security & Privacy
0% 0
OS & Utilities
0 0%
OS & Utilities
100% 100
Identity Verification And Protection
100 100%
Identity Verification And Protection
0% 0
Delivery Management System
0 0%
Delivery Management System
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 Onfido and Lob Address Verification API

Onfido Reviews

The Top 10 KYC (Know Your Customer) Solutions
Key features of Onfido include automatic directing of customers to the appropriate KYC process, preventing fraud, and customized orchestration across various verification journeys. It aligns with globally recognized identity standards and best practices, assuring robust KYC services. The platform helps you to navigate a broad spectrum of compliance requirements, which...
Source: expertinsights.com
Discover the Top 5 Identity Verification Providers in 2023
Onfido and ComplyCube stand out by having one of the broadest range of features on the market, including but not limited to sanctions & PEP screening, document verification, biometric authentication, device intelligence, and more. However, it is worth noting that some of the advanced features offered by Onfido are exclusively available to enterprise customers, whereas their...
Source: www.techtimes.com

Lob Address Verification API Reviews

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Social recommendations and mentions

Based on our record, Onfido seems to be more popular. It has been mentiond 12 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.

Onfido mentions (12)

  • Wise (formerly Transfer Wise) are asking me to send them photo of my ID
    I had to do the same thing when I signed up a while ago. I thought they'd just scan it and trash it, but apparently not... Their privacy policy says they do collect the photograph, national ID info, etc. And then they'll do their best to protect it: https://wise.com/gb/legal/global-privacy-policy-en > Additional information you give us for security, identification and verification purposes may include your [...],... - Source: Hacker News / over 1 year ago
  • The trend for Google and Apple becoming the "gatekeepers" to personal life service.
    The identity verification for these apps usually goes through another 3rd party called Onfido. Same issues as previous point (even though you're logging into your account, who already have your ID. Source: almost 2 years ago
  • Swapin's Solution Explained: How Does It Work?
    At Swapin, we take your security seriously. That’s why we’ve partnered with industry-leading verification providers like Veriff and Onfido to ensure the highest levels of security and compliance when performing KYC (Know Your Customer) and KYB (Know Your Business) verifications. Veriff’s solution allows you to complete your KYC for Starter Level in just 2 minutes, so you can make your first transaction almost... Source: almost 2 years ago
  • Spencer Cox Says He Will Sign Social Media Bill - Minors Under 18 Will Need Permission From Parents to Open Social Media Accounts
    The non-rhetorical answer would be "identity proofing." But that's expensive on a per-call basis. One such example is here (one I've used before). Source: about 2 years ago
  • 100 APIs for Indian devs to integrate different financial services in your apps
    Title Description Documentation Starting date Jumio API Identity verification API that offers document and identity verification services Https://www.jumio.com/ 2010 Onfido API Identity verification API that offers document and identity verification services Https://onfido.com/ 2011 Veriff API Identity verification API that offers document and identity verification... - Source: dev.to / over 2 years ago
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Lob Address Verification API mentions (0)

We have not tracked any mentions of Lob Address Verification API yet. Tracking of Lob Address Verification API recommendations started around Mar 2021.

What are some alternatives?

When comparing Onfido and Lob Address Verification API, you can also consider the following products

Veriff - AI-powered identity verification & fraud prevention software Veriff provides a best- in-class identity verification solution combining AI with in-house experts to maximize accuracy and speed.

Loqate - The Standard in Global Address Verification

Sumsub - One verification platform to secure the whole user journey

SAP Data Management - Sap Data Management is a flagship enterprise information management solution that facilities the organizations to manage data quality, migration of data, text analytics, and interconnectivity with both SAP and non-SAP system.

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.

AccuZIP - AccuZIP Postal Software and Data Cleansing For Direct Mail Marketing

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