Software Alternatives, Accelerators & Startups

Sumsub VS Keepify

Compare Sumsub VS Keepify and see what are their differences

Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Sumsub logo Sumsub

One verification platform to secure the whole user journey

Keepify logo Keepify

Keepify takes the drudgery out of budgeting. You don’t budget because you love it. Achieve your financial goals like a paying off debt or taking a vacation.
  • 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).

  • Keepify Landing page
    Landing page //
    2021-10-07

Keepify

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Sumsub features and specs

  • Compliance with regulations
    Sumsub offers features to ensure businesses comply with KYC, KYB, and AML regulations, reducing the risk of legal issues.
  • User-friendly interface
    The platform is designed to be intuitive, making it easier for both businesses and users to navigate the verification process.
  • Automated verification
    Sumsub provides automated processes to quickly verify documents and identities, reducing manual workload and speeding up onboarding.
  • Global reach
    Supports document verification from over 220 countries and territories, making it suitable for businesses with an international user base.
  • Customization options
    Offers various customization features to tailor the verification process according to specific business needs and user flows.
  • Fraud prevention
    Advanced technology to detect fraudulent documents and identities, enhancing the security and integrity of the verification process.
  • Comprehensive Analytics
    Provides detailed analytics and monitoring tools to track the verification process and identify bottlenecks or issues.

Possible disadvantages of Sumsub

  • Cost
    The service can be expensive, which might be a barrier for smaller businesses or startups.
  • Complexity for smaller organizations
    The range of features and customization options may be overwhelming for smaller businesses that do not have dedicated compliance teams.
  • Integration challenges
    Some businesses may experience difficulties integrating Sumsub with their existing systems, especially if they have unique technical requirements.
  • Dependence on internet connection
    The service relies on a stable internet connection for real-time verification, which might be problematic in regions with poor connectivity.
  • User privacy concerns
    Users might have concerns about sharing sensitive personal information, such as identity documents, even though Sumsub follows strict security protocols.
  • Regional regulations
    Compliance features might not be entirely up-to-date with the latest regional regulatory changes in fast-evolving jurisdictions, requiring businesses to perform regular reviews.

Keepify features and specs

  • User-Friendly Interface
    Keepify offers an intuitive and easy-to-navigate interface, making it simple for users to manage and track their finances without any steep learning curves.
  • Comprehensive Financial Tracking
    Keepify provides a wide range of financial tracking options, including expense categorization and budgeting, allowing users to have a clear overview of their financial status.
  • Data Security
    Strong emphasis on data security ensures that users' financial information is kept safe and private, utilizing encryption and other security measures.
  • Cross-Platform Accessibility
    Keepify is available on multiple platforms, including web and mobile, allowing users to access their financial data from anywhere, at any time.

Possible disadvantages of Keepify

  • Subscription Cost
    The premium features of Keepify require a subscription, which might be considered costly for some users who are looking for a free financial management tool.
  • Limited Integration Options
    Compared to some competitors, Keepify has limited integration capabilities with external banking and financial platforms, which might restrict its utility for some users.
  • Learning Curve for Advanced Features
    While the basic interface is user-friendly, some advanced features require a slight learning curve to utilize effectively, which may be challenging for some users.
  • Feature Limitations in Free Version
    The free version of Keepify offers limited features, which might not be sufficient for users who need in-depth financial tracking and reporting.

Sumsub videos

How Sumsub KYC works

More videos:

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

Keepify videos

Keepify

Category Popularity

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Identity Verification And Protection
Food And Beverage
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100% 100
Identity Verification
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Food Delivery
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User comments

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Reviews

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

Sumsub Reviews

  1. Vito A
    · Trader ·

    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

The Top 10 KYC (Know Your Customer) Solutions
Sumsub is a user verification platform that is designed to provide an easy onboarding process for trusted users from any country. This helps to ensure regulatory compliance, while minimizing fraudulent activities. With a 30-second onboarding time, the platform offers customizable Know Your Customer (KYC) and Anti-Money Laundering (AML) processes tailored to meet unique...
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.

Keepify Reviews

We have no reviews of Keepify yet.
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Social recommendations and mentions

Based on our record, Sumsub seems to be more popular. It has been mentiond 8 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.

Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: over 3 years 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: over 3 years 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 3 years 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: about 4 years 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: over 4 years ago
View more

Keepify mentions (0)

We have not tracked any mentions of Keepify yet. Tracking of Keepify recommendations started around Mar 2021.

What are some alternatives?

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

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

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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.

Holberg Financial - Find jobs, benefits and insider info about Holberg Financial, a Edtech, Fintech, HR Tech, Software company in Chicago. Office address: 222 Merchandise Mart Plaza Suite 1212 Chicago, IL 60654 United States

Trulioo - Trulioo, an online identity verification company, enables trust and safety online by powering fraud and compliance systems worldwide.

Payactiv - Payactiv is the best option for the employee to get financial relief between paychecks, the service is needed by two-thirds of the workforce.