Authenticating vs Parallel Markets

<p>Authenticating is a powerful identity verification software that enables you to confirm user identities globally through the analysis of over 7,500 types of photo IDs and passports from 196 countries. It offers robust fraud prevention features including facial recognition, liveness detection, knowledge quizzes, and extensive background checks to ensure that users are genuine. The platform suits businesses needing trusted identity verification and fraud mitigation.</p> <p>With a developer-friendly approach, Authenticating provides hosted UI, APIs, SDKs, and customizable workflows to seamlessly integrate identity checks into your systems. It offers continuous monitoring services and a variety of verification options for bank accounts, employment, education, and criminal records. The pricing is pay-as-you-go with no setup fees or long-term contracts, making it accessible for businesses of all sizes to secure their processes effectively.</p>

<p>Parallel Markets is a compliance software platform designed to automate and streamline onboarding and KYC verification for institutional clients and individuals. It equips your compliance team with tools to collect data and documents efficiently, monitor compliance flags, and ensure ongoing adherence to regulatory obligations. The platform supports both individual and corporate onboarding, featuring beneficial owner mapping and transparent KYB services to accelerate client intake processes.</p> <p>With Parallel Markets, you can also verify investor status through its 506(c) accreditation services, simplifying capital raising and expanding your investor base. The platform offers a reusable universal investor identity called iCapital Investor Passport, saving time and resources across compliance workflows. This solution is ideal for businesses needing to meet evolving AML rules and regulatory requirements efficiently, catering primarily to financial and investment sectors.</p>