KYC2020 Customer Reviews 2025 | SoftwareReviews

KYC2020

Composite Score

7.8 /10

CX Score

8.1 /10

13 Reviews Write a Review

Claim Software

What is KYC2020?

KYC2020 aggregates, cleans, and standardizes global data sources that include sanction lists, regulatory enforcement lists, PEP lists, criminal lists, and open government data lists. KYC2020’s sophisticated screening and scoring services are powered by next-generation technology to reduce false positives and eliminate manual workflows that slow down the customer onboarding process.

Company Details

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KYC2020 Ratings

Real user data aggregated to summarize the product performance and customer experience.

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

85 Likeliness to Recommend

100 Plan to Renew

72 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

+93 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love KYC2020?

0% Negative

9% Neutral

91% Positive

Pros

Continually Improving Product
Reliable
Enables Productivity
Unique Features

Feature Ratings

Average 80

Risk Assessment

Watchlist Alerts

Enforcement and Sanction Watch Lists

False Positive Remediation

Data Curation

AI/Machine Learning

Name Matching Technology

International Data Sources

Adverse Media

PEP Screening

Multiple Language Support

Vendor Capability Ratings

Average 81

Usability and Intuitiveness

Ease of Customization

Ease of Data Integration

Ease of IT Administration

Ease of Implementation

Breadth of Features

Availability and Quality of Training

Business Value Created

Vendor Support

Quality of Features

Product Strategy and Rate of Improvement

KYC2020 Reviews

Onyeka O.

Role: Operations
Industry: Technology
Involvement: Initial Implementation

Validated Review

Verified Reviewer

Submitted May 2025

Reliable AML Compliance with Room for Smarter Auto

Likeliness to Recommend

7 /10

What differentiates KYC2020 from other similar products?

Simplified, Cost-Effective Sanctions Screening Comprehensive Global Watchlist Coverage

What is your favorite aspect of this product?

The user interface

What do you dislike most about this product?

It should be able to build in machine learning models that adapt over time using client behavior, transaction history, and external data to more accurately assess risk.

What recommendations would you give to someone considering this product?

Ensure it fits your business use before purchase

Pros

Helps Innovate
Friendly Negotiation
Reliable
Unique Features

Paul K.

Role: Operations
Industry: Engineering
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Oct 2024

Cost-effective and user-friendly KYC solution

Likeliness to Recommend

5 /10

What differentiates KYC2020 from other similar products?

KYC2020 sets itself apart from other KYC solutions with a combination of affordability, adaptability, and a customer-centric approach

What is your favorite aspect of this product?

One of the standout aspects of KYC2020 is its scalability and cost-effectiveness. Many KYC solutions can be prohibitively expensive, especially as businesses grow or regulatory demands evolve. KYC2020 addresses this by offering modular pricing that allows businesses to pay only for the features they need and easily add on as requirements expand. This approach ensures that companies of all sizes can access a robust, compliant KYC solution without facing escalating costs.

What do you dislike most about this product?

One potential drawback of KYC2020 could be that, as a highly automated solution, it may require a bit more fine-tuning for businesses with unique compliance needs or highly specific regulatory requirements. While automation is one of its strengths, companies operating in specialized sectors might need extra customization, which can mean additional setup or integration work upfront

What recommendations would you give to someone considering this product?

Identify your specific KYC requirements based on your industry, customer base, and regulatory environment. Understanding these needs will help you determine if KYC2020's features align with your expectations

Pros

Performance Enhancing
Trustworthy
Unique Features
Client Friendly Policies

Abhishek S.

Role: Finance
Industry: Insurance
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Mar 2024

Cost effective and user friendly interface

Likeliness to Recommend

8 /10

What differentiates KYC2020 from other similar products?

Interface Stable platform Regular updates Ease to handle

What is your favorite aspect of this product?

Interface

What do you dislike most about this product?

Yet to find

What recommendations would you give to someone considering this product?

Keep bring new updates and enhance user experience

Pros

Enables Productivity
Caring
Respectful
Generous Negotitation

KYC2020

What is KYC2020?

Company Details

Need Assistance?

KYC2020 Ratings

85 Likeliness to Recommend

100 Plan to Renew

72 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+93 Net Emotional Footprint

How much do users love KYC2020?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Risk Assessment 'The system provides an assessment of the risks associated with the individual.

Watchlist Alerts The solution allows the user to select profiles for watchlists and alerts the user when the profile has changed.

Enforcement and Sanction Watch Lists Monitors watch lists of individuals who are sanctioned or wanted by enforcement authorities domestically and abroad.

False Positive Remediation Resolves false positives using either human curators and/or machine-enabled algorithms.

Data Curation Human analysts are employed to ensure that profiles of high-risk individuals are current and valid.

AI/Machine Learning The solution employs artificial intelligence or machine learning to identify high-risk individuals and resolve false positives.

Name Matching Technology The solution hosts an advanced name-matching technology that resolves name duplication, aliases, and variations in foreign spelling and naming conventions.

International Data Sources Information from sources across gathered and analyzed.

Adverse Media Searches and compiles information from adverse media to identify politically exposed persons (PEPs) and other high-risk individuals.

PEP Screening Identifies Politically Exposed Persons (PEPS).

Multiple Language Support Support of multiple languages, including double-byte languages.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

KYC2020 Reviews

Onyeka O.

Reliable AML Compliance with Room for Smarter Auto

Likeliness to Recommend

Pros

Paul K.

Cost-effective and user-friendly KYC solution

Likeliness to Recommend

Pros

Abhishek S.

Cost effective and user friendly interface

Likeliness to Recommend

Pros

Feature Ratings

Risk Assessment

Watchlist Alerts

Enforcement and Sanction Watch Lists

False Positive Remediation

Data Curation

AI/Machine Learning

Name Matching Technology

International Data Sources

Adverse Media

PEP Screening

Multiple Language Support

Vendor Capability Ratings

Usability and Intuitiveness

Ease of Customization

Ease of Data Integration

Ease of IT Administration

Ease of Implementation

Breadth of Features

Availability and Quality of Training

Business Value Created

Vendor Support

Quality of Features

Product Strategy and Rate of Improvement