Verkend logo

Verkend

0(0 reviews)
Software Status:Active

About Verkend

Verkend is a financial application platform from Verkend that develops technologies to increase speed and democratize access to the global financial system. It provides Connect, Data, and Security features so that users can build and manage financial applications effectively. Verkend offers foundational tools that simplify the creation of these applications, ensuring a focus on privacy and compliance. The platform supports developers by providing clear resources such as a Privacy Policy, Terms of Service, and company information. Key capabilities: Connect Data Security Privacy Policy Terms of Service Best for: developers and financial institutions that need to create versatile financial applications.

Verkend Details

Vendor
Verkend
Year Launched
2015
Location
San Francisco, CA
Deployment
cloud
Training Options
demo
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese, Japanese, Chinese
Users
Risk Managers, Financial Analysts, Compliance Officers, Chief Risk Officers, Internal Auditors.
Industries Served
Financial Services, Banking, Insurance, Wealth Management
Tags
Financial Risk Management, Risk Assessment, Risk Analysis, Risk Mitigation, Compliance, Data Management, Reporting, Regulatory Requirements, Synetrac Software Inc.

Verkend's In-App Market Place

Does Verkend have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (CA$), CHF (CHF), CNY (CN¥), SEK (kr), NZD (NZ$), KRW (₩)

Pros & Cons

  • Uses modern open banking technologies for secure and granular access to financial data.
  • Offers modules for account aggregation, fraud prevention, and identity verification.
  • The lightweight widget and API are designed for easy integration into existing business applications.
  • Helps businesses prevent fraud and meet KYC/AML compliance objectives.
  • Provides real-time balance checks to prevent payment declines and avoid NSF fees.
  • Highly specialized for financial data aggregation and related services, limiting its applicability for broader ERP functions.
  • Functionality depends on the user granting access to their financial institution via the widget.
  • Less public detail on some specific features and integrations compared to larger, established fintech providers.

Verkend's Support Options

Verkend's Alternatives