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toomuchtodo 5 hours ago

Who would you say is your primary competitor (besides Stripe) and how are you better than them today?

rosasalberto 5 hours ago | parent [-]

There is many direct competitors in the space, the main ones are Persona, Jumio, Incode, Sumsub, and even orchestrators like Alloy.

In general I believe we just built a better product:

- Fastest verification on the market (inference time < 2s, well optimized infra, we do real time checks (for example when you do the front scan of the ID, we do the checks real-time, instead of waiting for the user to do the back, like persona does, and takes > 30 s, ours is less < 2 s).

- Optimized onboarding rate worldwide, global coverage, any country, low connectivity and every device accepted, and optimized (different models loading in the client depending on the speed ..etc, and many more tricks)

- Fraud detection (we analize > 200 signals, to detect fraud in real time, from IP analysis, device fingerprinting, replay attacks, deepfakes ...) we got experts on that, and we act quickly if we see new attack vectors appear.

- Developer experience (self-service, pay per usage, API first). You can start doing verifications without needed to use the UI (everything programatic), and integrate in few minutes.

- Flexible, you can create any identity flow with your own rules. You can enable features with just 1 click, no need to reintegrate.

- Pricing model (pay per usage, no monthly minimums, no enterprise gated, and low prices)

iamacyborg 4 hours ago | parent [-]

Seon, Comply Advantage. There's lots of competition here.

rosasalberto 4 hours ago | parent [-]

Comply Advantage specializes in AML, Seon as well.

They provide one signal, identity verification is more than that.

iamacyborg 3 hours ago | parent [-]

They both offer IDV products and have entrypoints into enterprises as a result of their AML/KYC offerings.

b5chm1d7 3 hours ago | parent [-]

IDV always reminds me of that Norm joke about ID:

“The I stands for I, and the D stands for Dentification”