Verify 365 Reviews & Product Details

Verify 365 is a client onboarding platform that helps identify fraud and money laundering risks faster, smoother, and more accurately than traditional manual verifications. Within one verification workflow, our system conducts the following five verifications: 1. ID Biometric and NFC-based Check of over 10,000 government-issued documents from 195 countries. 2. AML PEPs and Sanctions Check all global lists to ensure your client is not sanctioned 3. FCA Open Banking digital statements – automatically get your client’s verified bank statements in digital form 4. Address verification against the electoral register and other UK address sources 5. Enhanced source of funds verification for high risk areas such as conveyancing.

Seller

Verify 365

Discussions

Verify 365 Community

Overview by

Rashid A Mohammed

Top-Rated Alternatives

nCino Identity Solutions

4.5/5(243)

View All Alternatives

User Insights

Average based on 11 real user reviews.

Clare M.

Director

Small-Business (50 or fewer emp.)

11/4/2022

"Best AML Check & ID Verification Software for Law Firms"

5/5

What do you like best about Verify 365?

Verify 365 provided our company with a full suite of AML checks, source of funds and biometric identity verification technology, delivering KYC (Know Your Customer), KYB (Know Your Business) services, and fully HM Land Registry and Solicitors Regulation Authority compliant anti-money laundering (AML) checks.

Verify 365 AML screening solution is now being used in all departments to spot high-risk profiles against criminal watch lists and politically exposed persons (PEP) lists.

At the same time, the biometric and NFC-based identity verification services enable a fully SRA-compliant client onboarding process while also promoting KYC and AML compliance across all departments. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

Nothing. We are very pleased with the AML Checks & ID Verification software technology that is to us provided by Verify 365. Review collected by and hosted on G2.com.

What problems is Verify 365 solving and how is that benefiting you?

Money laundering is a major challenge in the legal sector as it underpins most forms of organised crime in the UK, which allows criminals to develop their operations, deposit funds and hide their assets. Although there are no exact figures, there is a realistic possibility that the scale of money laundering impacting the UK annually is in the hundreds of billions of pounds.

Verify 365’s powerful Biometric ID verification technology has enabled us to achieve the highest level of compliance with AML regulations with bespoke ID verification AI models for each type of document, giving our clients a quick and seamless onboarding experience. Review collected by and hosted on G2.com.

Amar S.

IT Head

Information Technology and Services

Small-Business (50 or fewer emp.)

6/6/2023

"Verify 365- Review"

4/5

What do you like best about Verify 365?

Good product for clients onboarding's it's easy to use and manage its also user friendly to use. There are multiple checks you can perform using Verify365. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

I am happy and satisfied for this opportunity I don't have anything to dislike about this product Review collected by and hosted on G2.com.

Nydia Stephany R.

Freelance Graphic Designer & Photographer (Short Term Projects)

Small-Business (50 or fewer emp.)

2/23/2023

"Best Security App for Sensitive Information"

3.5/5

What do you like best about Verify 365?

You can use biometric scanning to verify your identity. It's the best key feature of the app overall. I also love that you can use different national area codes to register your phone number. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

I dislike that I can only use it with my lawyer or for related activities. I wish this app could be use in everyday uses. Review collected by and hosted on G2.com.

Verified User in Human Resources

Mid-Market (51-1000 emp.)

6/8/2023

"User Friendly for Onboarding."

4/5

What do you like best about Verify 365?

Verify 365 is an excellent tool for onboarding purpose and it's AI powered assessment is very helpful and handy. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

Need to integrate more and more features which helps to minimize the waiting load. Review collected by and hosted on G2.com.

Leona S.

Client Service Team Lead

Mid-Market (51-1000 emp.)

2/28/2023

"Review of Verify 365"

3/5

What do you like best about Verify 365?

Verify 365 is a good tool used to identify and onboard clients. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

Verify 365 is typically used by law firms to onboard new clients but should be expanded to other firms as well. Review collected by and hosted on G2.com.

Mohsin S.

Lawyer

1/20/2023

"The best client onboarding solution for law firms"

5/5

What do you like best about Verify 365?

It's a great client onboarding solution system that helps us quickly onboard clients from anywhere. Our team love it. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

Nothing it works perfect, we use it every day Review collected by and hosted on G2.com.

What problems is Verify 365 solving and how is that benefiting you?

We take on immigration clients from many different countries, so swift client onboarding is very important to us. With Verify 365, we can quickly take clients on by sending them a secure link to complete ID, address, Bank statements and Sanctions. We also use the eSignature feature to get agreement signed Review collected by and hosted on G2.com.

Harry J.

Compliance Officer

1/27/2023

"Perfect for AML compliance for law firms"

5/5

What do you like best about Verify 365?

Verify 365 gives us a cleaner risk dashboard where we can see all of the AML reports for our new clients. Biometric ID results, address and funds all in one Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

The Open Banking doesn't work in the US although I think this is due to the regulations in the US Review collected by and hosted on G2.com.

Verified User in Staffing and Recruiting

Small-Business (50 or fewer emp.)

6/6/2023

"Identity Verification"

4/5

What do you like best about Verify 365?

Verify 365 makes it possible to secure client data during the verification process. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

No complaints or concerns about the services at this time. Review collected by and hosted on G2.com.

Indira K.

CEO

6/15/2022

"Verify 365 - Highly recommended AML and ID verification platform for law firms"

5/5

What do you like best about Verify 365?

By using this platform, our consultants stay compliant with the strictest AML regulations, including ID checks, biometric person checks, PEPs and sanction checks, instant address verifications, and finally digital bank statements from our clients - analysed and authentic. This saves us time and money. And it ensures we stay compliant with the regulators, such as the SRA, FCA and HM Land Regsitry. Our clients love it. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

Some of our clients find it difficult to use the app, especially if they are not used to using smartphones and apps. Review collected by and hosted on G2.com.

What problems is Verify 365 solving and how is that benefiting you?

Compliance with SRA, FCA and HM Land Registry AML/ID verification regulations. The platform saves us time and money... and we stay compliant with the regulations. It takes us £8,000 per consultant per year, as that's how much time they spend on AML compliance tasks each year. With verify 365 - this is reduced to 0 - as Verify 365 is fully automated. Review collected by and hosted on G2.com.

Mohammed N.

Legal Consultant

Small-Business (50 or fewer emp.)

1/25/2023

"Great product"

5/5

What do you like best about Verify 365?

It's great for ID verification and for carrying out Anti Money Laundering checks. I use it for all my clients. Review collected by and hosted on G2.com.

What do you dislike about Verify 365?

Nothing, great product and would recommend to anyone. Review collected by and hosted on G2.com.