iDenfy’s ROI Calculator tool shows up to 75% cost reduction in identity verification costs compared to market competitors
-- iDenfy, a global RegTech platform that specializes in identity verification, fraud prevention, and compliance solutions, announced the launch of its new ROI Calculator. The tool compares identity verification costs with the pricing of popular IDV service providers, instantly showing businesses a breakdown of the financial impact based on verification volumes, additional services, and alternative pricing models that reveal potentially saved costs annually. The new tool helps to calculate KYC costs and see if it matches the company’s budget across the customer lifetime without any hidden costs.
The need for digital onboarding has been steadily increasing in the fintech, iGaming, and cryptocurrency industries. The main factor was the rising inefficiency and costs related to labor, time, and operational overhead of traditional manual verification procedures. In order to stay ahead of evolving industry regulations, compliance teams had to invest a lot of resources to inspect identity documents, analyze user photo inconsistencies, and continuously modify onboarding procedures for the right customers.
Recent research indicated that nearly 18% of global banking digital onboarding processes in 2025 already used AI-driven systems, compared with less than 4% in 2020 due to a rapid shift toward automation demand. The adoption of AI to verify identities allowed businesses to transition from largely manual KYC procedures to fully digital onboarding workflows. The new verification methods from companies such as iDenfy can reduce manual review workloads and costs by up to 75%.
iDenfy has revealed its ROI Calculator that converts verification operations into measurable financial savings. Organizations can evaluate expected savings by comparing verification volume, denial rates, dropout reduction, and competitor pricing structures to gain a transparent view of both annual and long-term return on the modern website.
“The ROI Calculator clearly demonstrates the real value we deliver in the Regtech market. Rather than relying on abstract efficiency claims, the tool shows how different plan options directly impact annual spending, long-term profitability, and customer lifetime value. This level of transparency empowers decision-makers to view identity verification as a measurable growth driver and a first-choice solution,” said Domantas Ciulde, the CEO of iDenfy.
To provide a structured financial perspective, the calculator evaluates value creation across core drivers, such as direct verification savings that remove charges associated with failed, denied, or abandoned attempts, which lowers per-user onboarding costs. iDenfy’s identity verification solution also eliminates the majority of routine manual review work through advanced document authenticity analysis, biometric matching, passive liveness detection, and continuous expert oversight. This combination significantly reduces internal compliance workload while enabling fast, seamless customer onboarding.
Also, deployment efficiency represents another critical contributor to ROI. Ready to integrate software development kits and dedicated technical guidance implementation, allowing organizations to reduce development-related technical efforts. iDenfy’s ROI Calculator also emphasizes the broader financial impact, including annual verification costs. iDenfy can maintain substantially lower expenses compared to other top market providers by delivering predictable yearly savings and possible long-term customer lifetime value. In some cases, organizations may save at least $6,828 per year and potentially up to $45,000 over the customer lifetime.
The calculator can be used with additionally bundled verification workflows, including document authentication, biometric face matching, and liveness detection. Businesses may further estimate potential costs for Anti-Money Laundering (AML) services, such as politically exposed persons screening, sanctions monitoring, adverse media analysis, NFC document validation, Proof of Address (PoA) verification, customizable blocklists, and continuous monitoring add-ons.
“We designed the experience to reflect real market conditions and real competitor pricing. The calculator not only shows results in lower compliance costs, but also highlights flexible options for any business to support sustainable growth,” commented Viktor Vostrikov, the CMO of iDenfy.
About the company: iDenfy is a RegTech business best known for its identity verification services and fraud prevention tools, which help ensure AML, KYC, and KYB compliance for every company, from large-scale businesses to small organizations. iDenfy was featured in G2’s Winter 2025 Report as one of the leading ID verification and Anti-Money Laundering (AML) solution providers. For more information and business inquiries, please visit www.idenfy.com.
Contact Info:
Name: Aurimas Kybartas
Email: Send Email
Organization: iDenfy
Address: Barsausko g. 59
Phone: +37067644539
Website: https://www.idenfy.com/
Video URL: https://youtu.be/je1oqkbj7Uo?si=160nBGVnKP2D7uw1
Release ID: 89184596
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