DirectID Review
What is DirectID?
DirectID is a financial assessment and onboarding platform that caters to medium businesses and large enterprises. It is a dynamic and robust tool that lets businesses utilize and surface value from bank data seamlessly and efficiently. Its bank data management is comprehensive enough to enable your business to access crucial financial data for data analysis and generate insights that enable your business to grow.
Its Bank Data Suite requires zero integration and comes with Connect Widget, Data API, and Insights Dashboard. The solution also instantly validates and verifies income and customer profile through a centralized bank data repository. Bank accounts can also be easily validated and you are afforded a capability to analyze purchasing and spending behavior of your customers through its Categorization engine.
Show MoreOverview of DirectID Benefits
Integrated dashboard for business insights
With DirectID, you can get a full overview of all your financial transactions. More than the Data API, the software helps cover all bases by running down all financial transactions of an individual (such as groceries, loans, and bills) and the method by which that transaction was made. The software also comes with an Insights Dashboard that boasts of 10+ reporting tools. The dashboard lets you draw actionable insights as well as see and validate consumer financial behavior over a specified period of time, covering both incoming and outgoing cash flows.
Powerful data integration and management
DirectID lets you easily connect and access transaction data for assessment and validation purposes. The platform is easy to use and navigate. We provide you with an organized rundown and report of all financial transactions easily-digestible and readily-actionable for your team.
Handy risk analysis tools
DirectID is specially designed for lenders. We have collaborated with lenders and identified assessment requirements to ensure that all borrowers are credible and trustworthy of the service they will get. It boasts of comprehensive reporting capabilities that cover gambling and risky activity insights. This process of validating suspicious applicants can be easily integrated into your system. The software also provides you with immediate insights and reports to make better decisions.
Show MoreOverview of DirectID Features
- Bank Data Management
- Integrated insights dashboard
- Income verification
- Bank account validation
- Advanced data reporting, analytics, and insights
- Fraud and risky activity reporting
- Categorization engine
- Connect Widget
- Data API
What Problems Will DirectID Solve?
Problem #1: Offer fast end-to-end lending applications: You’re a lender, losing business to competitors because they can offer faster application experiences and faster loan approvals. It’s a daunting prospect to build and implement an entirely new process to fix this – where do you even start? That’s were DirectID comes in. DirectID can be implemented within hours. It speeds up access to report and transaction analysis.
Feature: Customer facing widget, transfer digital transactions, transaction categorization engine.
Problem #2: Drive down operational costs: You run operations for your lending business, but the costs are constantly rising as people power is the only solution to more business coming through. At some point, this is no longer sustainable. DirectID is a solution you can use to address this. It connects to customer bank data immediately so you can cut time from talking to customers, analyzing documents, and investigating for potential fraud.
Feature: Customer data collected via Connect widget, Insights reports auto-generated, direct connection to the bank.
Problem #3: Reduce fraud, lower risk and stay compliant: You run risk, compliance and fraud management for your lending business. With imposters and fraudsters getting more and more advanced, it’s hard to keep your business safe. That’s where DirectID provides solutions. DirectID directly connects to bank data so any potential statement tampering is eliminated. It helps you make informed decisions to help you assure lowering risks through viewing loan repayments and gambling risks.
Feature: Data direct from the bank, loan repayments analysis, gambling risk analysis.
Awards & Quality Certificates
DirectID Position In Our Categories
Knowing that companies have distinctive business-related wants, it is only wise they steer clear of adopting an all-in-one, ”best” software product. Nonetheless, it is almost impossible to find such application even among branded software solutions. The best step to undertake can be to note down the different vital aspects that need investigation including major features, budget, technical skill ability of staff members, organizational size, etc. Next, you should perform your research to a full extent. Go over some DirectID review articles and look into each of the software options in your list in detail. Such detailed research ensure you circumvent unfit software products and buy the one that includes all the aspects your business requires for optimal results.
Position of DirectID in our main categories:
It's important to realize that almost no software in the Financial Reporting Software category will be an ideal solution that can match all the needs of various business types, sizes and industries. It may be a good idea to read a few DirectID Financial Reporting Software reviews first as specific services can dominate just in a really small set of applications or be created with a really specific type of industry in mind. Others can work with an intention of being simple and intuitive and consequently lack advanced functions desired by more experienced users. You can also find solutions that support a broad group of customers and provide a complex feature toolbox, but that in most cases comes at a more expensive cost of such a service. Be certain that you're aware of your needs so that you get a software that provides specifically the features you look for.
How Much Does DirectID Cost?
DirectID Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are DirectID pricing details?
DirectID Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
DirectID does not display its enterprise pricing packages on its website. Connect with the vendor directly to learn more about its offerings and plans.
User Satisfaction
Positive Social Media Mentions
121
Negative Social Media Mentions
4
We are aware that when you decide to purchase a Financial Reporting Software it’s important not only to learn how experts evaluate it in their reviews, but also to discover if the actual users and companies that bought it are indeed happy with the product. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and DirectID reviews across a wide array of social media sites. The data is then displayed in an easy to digest way showing how many customers had positive and negative experience with DirectID. With that information at your disposal you will be ready to make an informed business choice that you won’t regret.
Technical details
Devices Supported
- Web-based
Deployment
- Cloud Hosted
- Open API
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Large Enterprises
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for DirectID?
Connect Widget can be embedded in websites and mobile applications.
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