Software Alternatives, Accelerators & Startups

Veriff VS Signifyd

Compare Veriff VS Signifyd and see what are their differences

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Veriff logo 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.

Signifyd logo Signifyd

Signifyd is a SaaS-based, enterprise-grade fraud technology solution for e-commerce stores.
  • Veriff Stop Fraud with Veriff
    Stop Fraud with Veriff //
    2025-03-05
  • Veriff Simplify KYC with Veriff
    Simplify KYC with Veriff //
    2025-03-05
  • Veriff End user flow appeareance
    End user flow appeareance //
    2025-03-05
  • Veriff Why Global businesses choose Veriff
    Why Global businesses choose Veriff //
    2025-03-05

Veriff is the preferred identity verification and authentication platform partner for the world's most innovative growth-driven organizations, including online marketplaces, financial services, crypto, gaming and mobility companies, and other sectors. Veriff provides advanced technology that combines AI-powered automation with reinforced learning from human feedback, deep insights, and expertise. Veriff is the partner of choice for organizations that need to rapidly and conveniently verify and safeguard users anywhere in the world. We offer also liveness check and biometric verification to avoid account takeovers, synthetic media and AI-driven fraud.

Veriff Self serve plans are designed to provide startups and SMBs an easy and flexible way to quickly verify identities, stay compliant and securely onboarding customers.

Unlock ultimate AI fraud protection and seamless onboarding with Veriff Self-Serve!

Try our identity verification platform, tailored for growing businesses. - Quick decisions: decision in less than 6 seconds with 98% check automation rate - Global reach: +11.5k documents covered in +230 countries - Build trust: high-security standards and compliance - Simple user experience: increase conversions by up to 30%. - Fast integration with no setup costs. Use Zapier for fast integration - Prevent fraud with: cross-linking, risk labels and blockers of repeated offenders - Branding: use customized End User Flow branding and Hosted Verification pages to enhance the Customer experience - Exporting: use PDF and CSV exporting

  • Signifyd Landing page
    Landing page //
    2023-09-17

Veriff

Website
veriff.com
$ Details
freemium $49.0 / Monthly (Essential - up to 60 verifications per month)
Platforms
iOS Web Android Cross Platform JavaScript REST API Browser
Release Date
2015 October
Startup details
Country
Estonia
State
Harjumaa
City
Tallinn
Founder(s)
Janer Gorohhov
Employees
100 - 249

Signifyd

Pricing URL
-
$ Details
-
Platforms
-
Release Date
-

Veriff features and specs

  • Comprehensive Identity Verification
    Veriff offers thorough identity verification services that include document scanning, facial recognition, and liveness detection. This ensures that the person being verified is real and matches the submitted documents.
  • Global Reach
    Veriff supports +12,5k documents from over +230 countries, in +49 Languages making it a suitable solution for businesses with a global user base.
  • Ease of Integration
    The platform provides APIs and SDKs that make it easy for businesses to integrate Veriff's verification services into their existing systems. Veriff also offers Zapier integration
  • Regulatory Compliance
    Veriff helps businesses comply with various regulatory requirements, such as KYC (Know Your Customer) and AML (Anti-Money Laundering), which can be crucial for financial and other regulated industries.
  • User-Friendly Interface
    The user interface is designed to be intuitive and straightforward, making the verification process easy for end-users. Veriff guides the user through the flow
  • High Accuracy
    With advanced AI-driven technology and trained Verification experts, Veriff offers high accuracy in detecting fraudulent identities and ensuring the authenticity of submissions.
  • Fastest Verification decisions
    Veriff delivers lightning-fast identity verification with AI-powered decisions in under 6 seconds. No waiting, no friction. Instant, accurate approvals that keep users moving and businesses growing.
  • Build Trust, Boost Conversions
    Veriff helps businesses increase conversions by 30% with a smooth, frictionless verification process that keeps real customers in and fraudsters out.
  • Fraud Prevention
    AI-driven fraud detection stops deepfakes, identity theft, and synthetic fraud before they happen—ensuring only genuine users get through while bad actors are blocked instantly.

Signifyd features and specs

  • Comprehensive Fraud Protection
    Signifyd provides end-to-end protection against fraud, leveraging artificial intelligence and machine learning to identify and prevent fraudulent transactions.
  • Guaranteed Chargeback Protection
    The service offers guaranteed chargeback protection, meaning that if a chargeback does occur, Signifyd will cover the cost, providing peace of mind for merchants.
  • Seamless Integration
    Signifyd integrates easily with major e-commerce platforms like Shopify, Magento, and BigCommerce, simplifying the onboarding process for merchants.
  • Improved Customer Experience
    By reducing false declines and providing a smoother checkout process, Signifyd helps improve the overall customer experience.
  • Advanced Analytics
    The platform offers robust analytics tools that allow merchants to gain insights into their fraud landscape, helping them make informed decisions.

Possible disadvantages of Signifyd

  • Cost
    The service can be relatively expensive, particularly for small businesses, given the fees associated with advanced fraud protection.
  • Complexity
    Implementing and configuring the service to meet specific business needs can be complex and may require dedicated resources.
  • False Positives
    Despite its sophisticated algorithms, Signifyd can occasionally block legitimate transactions, which can frustrate customers and potentially lead to lost sales.
  • Dependency on Platform Support
    Merchants who use less common or custom-built e-commerce platforms may face challenges with integration, as Signifyd's seamless integration features are primarily tailored for popular platforms.
  • Learning Curve
    New users may experience a learning curve in understanding how to effectively use all the features and analytics tools provided by Signifyd.

Analysis of Veriff

Overall verdict

  • Yes, Veriff is generally considered good due to its high accuracy, speed, and customizable solutions that cater to various industries seeking secure identity verification. It is well-regarded for its reliable service and user-friendly interface.

Why this product is good

  • Veriff is a comprehensive identity verification platform that uses AI technology to enhance security and streamline verification processes for businesses. It is favored for its robust fraud detection, ease of integration, and compliance with regulatory standards such as KYC and GDPR.

Recommended for

  • Financial institutions requiring KYC compliance
  • E-commerce platforms aiming to reduce fraud
  • Online gaming companies needing age verification
  • Sharing economy platforms for user verification
  • Any businesses requiring secure user identity checks

Analysis of Signifyd

Overall verdict

  • Overall, Signifyd is a good choice for businesses seeking reliable fraud protection services. Its advanced technology and wide-ranging integration capabilities make it a strong contender in the fraud prevention industry. However, like all services, it is important for businesses to assess their specific needs and requirements before making a final decision.

Why this product is good

  • Signifyd is generally well-regarded for its comprehensive fraud protection services geared towards e-commerce businesses. The platform utilizes machine learning and big data to analyze transactions in real-time, helping merchants prevent fraudulent activities. By integrating seamlessly with various e-commerce platforms, Signifyd provides a robust shield against chargebacks and enhances transaction security, making it a valuable partner for online businesses. Additionally, the company's 100% financial guarantee on approved orders offers an added layer of confidence to users.

Recommended for

  • E-commerce businesses looking for real-time fraud prevention solutions.
  • Merchants aiming to reduce the risk of chargebacks and fraudulent transactions.
  • Online stores seeking a service that offers financial guarantees on approved orders.
  • Companies desiring seamless integration with existing e-commerce platforms.

Veriff videos

How Veriff provides a great onboarding & verification experience

More videos:

  • Demo - Veriff avanced fraud protection
  • Tutorial - Here is how Veriff verification flow works
  • Demo - Discover Veriff IDV

Signifyd videos

Signifyd Review: Top Cybersecurity Review Companies - AngelKings.com

More videos:

  • Review - 2020 The TEI of Signifyd Guaranteed Fraud Protection
  • Review - Signifyd - Future of Fraud Prevention

Category Popularity

0-100% (relative to Veriff and Signifyd)
Identity Verification And Protection
eCommerce
0 0%
100% 100
Security & Privacy
85 85%
15% 15
Fraud Prevention
0 0%
100% 100

Questions and Answers

As answered by people managing Veriff and Signifyd.

Why should a person choose your product over its competitors?

Veriff's answer

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

We have unique benefits related to our performance: - 6-second verifications with 95% success on the 1st try. - Up to 30% increase in conversion rates while boosting security. - Global document covered, 48 languages supported and +230 countries covered - Cross-linking and risk labels to prevent fraud - Liveness check and biometric verification to avoid account takeovers, synthetic media and AI-driven fraud - Flexible and transparent pricing, with low commitment and “pay as you go” model - Easy and fast integration to go live in 48 hours or less

User comments

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Reviews

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

Veriff Reviews

Discover the Top 5 Identity Verification Providers in 2023
The platform has developed a suite of services targeting businesses of various scales, offering adaptable solutions for diverse operational requirements. Veriff's identity verification software combines document verification, biometric analysis, and facial recognition algorithms to confirm a user's identity.

Signifyd Reviews

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

Based on our record, Veriff should be more popular than Signifyd. It has been mentiond 3 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.

Veriff mentions (3)

  • Age verification stuck
    Alright, ive been trying to verify my age. However, when I reach the part where it gives me the veriff.com link I click it. But then, it gets stuck on this screen (ive put a picture) for a really long time. This is a second time ive tried, with no avail. And yes, I am, ofc, 13+. Source: over 2 years ago
  • Voice chat enabler script?
    You're not even giving your id to roblox. you're giving it to a reputable 3rd party verification company (veriff). Source: almost 3 years ago
  • Is roblox varifucation taking hours for you?
    Veriff.com is a real third party for veryfying your account. Source: over 3 years ago

Signifyd mentions (1)

  • Zed Shaw Explains How Stripe Is PayPal Circa 2010
    There are third party solutions to fraud that actually work, providing chargeback insurance. Essentially, they screen transactions; if any approved transactions are chargebacked, they refund you. A good start point is https://signifyd.com We dropped in this solution on our e-commerce about 5 years ago; fraud has been a non existent problem. - Source: Hacker News / over 2 years ago

What are some alternatives?

When comparing Veriff and Signifyd, you can also consider the following products

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

Riskified - eCommerce fraud prevention solution and chargeback protection guarantee for online merchants. Find out how we can help your company boost revenue from online sales using our machine-learning powered eCommerce fraud protection software.

Sumsub - One verification platform to secure the whole user journey

Kount - eCommerce fraud detection & prevention

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.

Sift - Digital Trust & Safety enables your business to grow, innovate, introduce new products, features, and business models – without increased risk.