Software Alternatives, Accelerators & Startups

Sumsub VS Waydev

Compare Sumsub VS Waydev 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

Waydev logo Waydev

Waydev analyzes your codebase from Github, Gitlab, Azure DevOps & Bitbucket to help you bring out the best in your engineers work.
  • Sumsub Landing page
    Landing page //
    2022-10-30

Sumsub is the one verification platform that secures every step of the user journey. With Sumsubโ€™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 industryโ€”91.64% in the US, 95.86% in the UK, and 90.98% in Brazilโ€”while verifying users in less than 50 seconds on average.

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

  • Waydev Landing page
    Landing page //
    2023-09-13

Waydev helps managers to move from a feeling driven to a data-driven approach. Waydev includes concrete metrics for your daily stand-ups, 1-to-1 meetings, checking the history of the engineers work and benchmarking your stats with the industry.

Waydev

Website
waydev.co
$ Details
freemium $449 / Annually (per active engineer)
Platforms
Windows Browser Mac OSX Linux REST API PHP
Release Date
2019 January

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.

Waydev features and specs

  • Comprehensive analytics
    Waydev provides in-depth insights into codebase productivity and helps teams understand their development patterns and bottlenecks through cohesive reports and dashboards.
  • Integration capabilities
    Waydev seamlessly integrates with various popular platforms such as GitHub, GitLab, Bitbucket, Azure DevOps, and more, making it versatile across different development environments.
  • Team performance monitoring
    It allows managers to monitor team performance in real-time and identify areas where developers are excelling or may need support, fostering a data-driven approach to team management.
  • Historical insights
    Waydev offers historical data analysis, allowing teams to track progress over time and measure the impact of changes or new processes on productivity.
  • Automated reporting
    The platform can generate automated reports, saving time for managers and providing consistent metrics for evaluation and decision-making.

Possible disadvantages of Waydev

  • Cost
    Some users may find Waydev's pricing to be on the higher side, especially smaller teams or startups with tight budgets.
  • Learning curve
    Waydev's advanced features and extensive data may require a learning period for users to become proficient in navigating and interpreting the tools and reports effectively.
  • Privacy concerns
    As Waydev analyzes detailed code and performance metrics, some team members may feel uncomfortable with the level of monitoring and data tracking involved.
  • Data dependency
    The accuracy and usefulness of Waydev's insights are heavily dependent on the quality and completeness of the data integrated from the various source platforms.
  • Limited customization
    While Waydev offers a range of standard reports and metrics, some users might find that it lacks the flexibility to fully customize analytics or dashboards to fit unique needs or preferences.

Sumsub videos

How Sumsub KYC works

More videos:

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

Waydev videos

Waydev Demo

Category Popularity

0-100% (relative to Sumsub and Waydev)
Identity Verification And Protection
Analytics
0 0%
100% 100
Identity Verification
100 100%
0% 0
Productivity
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 Sumsub and Waydev

Sumsub Reviews

  1. Vito A
    ยท Trader ยท

    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

    ๐Ÿ‘ 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.

Waydev Reviews

We have no reviews of Waydev yet.
Be the first one to post

Social recommendations and mentions

Based on our record, Sumsub should be more popular than Waydev. 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: ๐Ÿš€๐Ÿ’ฐ '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 โ€” 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

Waydev mentions (2)

  • Which project management tools implement agile development?
    For example, in our traditional approach, every step and process is defined and has to be adhered to. Any change has to go through multiple approvals. The scope in itself has a very limited scope or flexibility towards change. I am on the fence looking for resources and tools that will help to slowly execute and implement these changes. With regards to resources, I am currently looking at the scrum guide and with... Source: about 4 years ago
  • How is Software Development Analytics increasing Engineering Efficiency?
    When youโ€™re ready to translate data into greater visibility, and this visibility into faster, more efficient teams, you can start looking at development analytics platforms like Waydev. - Source: dev.to / almost 5 years ago

What are some alternatives?

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

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

LinearB - LinearB delivers software leaders the insights they need to make their engineering teams better through a real-time SaaS platform. Visibility into key metrics paired with automated improvement actions enables software leaders to deliver more.

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.

GitPrime - GitPrime uses data from any Git based code repository to give management the software engineering metrics needed to move faster and optimize work patterns.

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

Swarmia - Swarmia is an engineering productivity software trusted by 600+ engineering teams worldwide. Use key engineering metrics to unblock the flow, align engineering with business objectives, and drive continuous improvement.