Giact Alternatives & Competitors

Giact is known as a comprehensive consumer authentication option on the market, but it still might not cover all of your requirements. Read on to find out how Giact compares with some of the alternatives available.

Disclaimer: Everything you’ll read in this article was gleaned from online research, including user reviews. We did not have time to manually test every tool. This article was last updated in Q3 2023. Please feel free to contact us to request an update/correction.

Best Giact Alternatives

CompanyCore FeaturesNotable ClientsSummary
  • digital footprint analysis
  • explainable, whitebox scoring
  • customizable rules + ML rules
  • email, IP + phone data enrichment analysis
  • advanced device fingerprinting
  • AML checks
Revolut, Air France, KindredUnique in-depth customer profiling and flexible rules, AML screening, free plan
  • chargeback guarantee
  • IP, email + phone analysis
  • big data analysis
  • blackbox AI transaction monitoring
  • identity and address verification
Toys R Us, Hot Topic, Wish.comChargeback prevention and customer authentication
  • prevents fraud during the onboarding of vendors
  • machine learning for identity checks
  • flagging system for identifying risk patterns
  • focus on vendors and suppliers rather than customers
Nacha, E&I Cooperative Services, WithumPreventing vendor and supplier fraud
  • live selfie and document checks for KYC
  • AML compliance
  • uses customer email, phone, device ID and IP to confirm identity
  • API allows for integrability
Wave, Stash, WethosUses a combination of pre-KYC and KYC checks to help businesses stay compliant
  • customer screening and monitoring
  • transaction risk management
  • Know Your Business (KYB) functionality
  • data on 2B individuals, 700M companies from over 20k sources
  • live checks on sanctions, PEPs, and adverse media lists
Santander UK, OakNorth Bank, CurveEnterprise-scale AML and compliance screening
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What Does Giact Offer?

Giact, an LSEG business, was established in 2004 and sells itself as a single API end-to-end solution for any company looking to address identity, payment and compliance concerns. Scalable and adaptable, Giact provides tailored solutions for financial institutions and ecommerce sites.

Its offering includes protection during account opening, maintenance, compliance and payment securing. This effectively means that the company covers the entire customer lifecycle while authenticating and validating these customers every step of the way. For users concerned about friction, Giact seeks to help companies to meet regulatory requirements, such as KYC and AML, while keeping to a minimum friction associated with inefficient processing and risk analysis.

Its key products include: the EPIC platform, for managing the customer lifecycle; gAUTHENTICATE, for customer identity validation; gIDENTITY, for KYC; Beneficial ID, to check UBO information; gOFAC Monitoring, for AML purposes.

But does it have any weak points that other alternatives might be able to address, and does it stand out enough against other vendors that provide customer identity authentication and compliance solutions?

Why Look for a Giact Alternative?

Giact is a respected fraud prevention solution that is particularly useful to organizations such as ecommerce companies. Nevertheless, choosing a fraud detection software is down to your preferences, needs and priorities.

For instance, Giact’s website explains that its software can “create customized solutions for nearly any industry or use case”. This in itself could mean that for many people, especially owners of multiple businesses, such an offering may be just the solution.

On the other hand, other fraud prevention customers may have a single, specialized application in mind and will therefore prefer a solution that is less multi-faceted than that of Giact. As always, your best decision will be based on your own research and personal requirements.

This is why we’ve put together a list of alternatives to Giact that can help you make a decision that’s best for you.

Five Giact Alternatives

There are many other options on the market that offer a similar product to Giact, but each comes with their own strengths and weaknesses as well. Whether the tool will suit you will depend on your needs, as well as the kind of customer service you’re looking for. We’ve picked out five alternatives to Giact below.


Primarily a fraud prevention and detection solution known for uniquely utilizing data enrichment from social media and online platforms, data breach bases and more, SEON offers a different approach to Giact while achieving the same aim of preventing fraudulent users from making fraudulent transactions or signups.

While Giact deals with the KYC process through verifying a customer’s identity throughout their onboarding to payment lifecycle, SEON tackles this at the pre-KYC stage by passively building a digital profile based on an individual’s online footprint, to streamline the process and reduce the cost of KYC.

That said, SEON provides end-to-end fraud protection throughout the customer experience. It also offers functionality such as device fingerprinting, velocity checks, AML and fraud scoring for each customer action on your site. A customer with suspicious behavior will rank highly and so will have to provide additional confirmation that they are a genuine customer to avoid being banned.

Genuine customers, on the other hand, will not have to provide any additional information to confirm their identity – unless it is mandatory, such as in the case of financial institutions that have to comply with AML regulations. This is known as dynamic friction: The less friction your customers experience, the less likely they’ll abandon their shopping cart. This is why in addition to protection, SEON prides itself on augmenting security while fuelling your growth.


Like Giact, Signifyd was formed in order to provide a frictionless fraud prevention experience for customers during the payment stage. Unlike Giact, however, Signifyd is aimed primarily at ecommerce merchants looking for an easily integrable product for online shop platforms like Shopify, Magento and Salesforce.

Signifyd comes with three options: Revenue Protection, Abuse Protection and Payments Optimization through its Commerce Protection Platform. The Payments Optimization option authenticates customer transactions. It does this via identity and address verification – which could nevertheless lead to similar issues that Giact faces in terms of flagging false positives during the verification stage. Signifyd, however, does have a live response team that can deal with any issues.

This tool also focuses on chargeback protection for merchants, meaning that it might be a better option for ecommerce sites looking to have someone else bear the burden of chargebacks. It’s possible to create an automatic process for dealing with chargebacks – Signifyd pays for any missing ones. However, this runs the risk of bringing an increase in false negatives, since Signifyd will have the incentive to err on the side of caution.


Like Giact, PaymentWorks focuses on preventing fraud during the digital onboarding process. But instead of focusing on ecommerce sites or financial institutions dealing with B2C, PaymentWorks focuses on stopping fraud while onboarding suppliers and vendors. This will be useful to those who are looking to prevent issues like vendor impersonation, for instance, and other B2B and vendor fraud.

Here, the process involves confirming the identity of any new vendors during the onboarding stage, and the vendor handles much of the onboarding process itself. PaymentWorks does this by using third-party and algorithm checks to decide whether submitted identity information is valid. The machine learning tool will find risk patterns and flag them up.

The idea is that businesses looking to onboard new vendors don’t have to validate or store any paperwork on their own system to do this KYB verification. PaymentWorks controls the entire onboarding process via its own platform.


Alongside a well-known bank account linking solution, Plaid also recently introduced a Global KYC Compliance API in the form of its Plaid Identity Verification (IDV) and Monitor tools. These aim to introduce a new frictionless identity verification option to the market – which conducts account verification, AML and KYC compliance for any business that requires it.

Making its customer verification process different from Giact and its alternatives, Plaid also uses a customer’s email, phone, IP address, and device ID to verify a customer’s identity alongside live selfie and document checks.

This Netherlands-based vendor, which is a startup currently in Series D, primarily caters to banks and neobanks, as well as payment processors and lenders. It is also unique on our list for offering products to consumers too, in the form of consolidated bank accounts – as we touched upon above.


ComplyAdvantage’s main focus is on making the compliance process easier for financial institutions and any other company that has to follow local AML and KYC regulations. This includes customer screening/monitoring, transaction monitoring/screening, as well as adverse information and media checks.

This tool was designed in response to the need for more integrable AML tools on the market, so ComplyAdvantage is known for its API integration facility. It also allows its users to monitor customers via the news in order to spot any negative information about them – known as adverse news screening – and sends out notifications when there is new data.

However, ComplyAdvantage might not be suitable for customers who are looking for fraud protection in real-time, beyond the AML requirement of transaction monitoring. Interestingly, there is a free product available for small businesses in the form of ComplyLaunch, with some limitations applied compared to the proprietary product.

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How to Choose the Right Giact Alternative

From the above alternatives, we hope you have a better idea of which tools will suit your needs, either as a standalone option or in tandem with more solutions.

At the end of the day, there’s less reason to choose an advanced, costly tool if you think you can save money by going with an option that meets your needs more specifically. You might also find that as your requirements change (for instance as your business grows), then other options might become more appealing too.

As part of this decision, make sure you have clearly defined needs and strategies, so you can find the best Giact alternative for you.

Giact Alternatives FAQ

What cheaper alternatives are there to Giact?

Cost-effectiveness is not always straightforward to consider. This very much depends on the pricing model of each solution, as well as if they offer a free or trial option. You might also be looking for a degree of scalability for when your business grows. It’s worth taking these factors into account when you try to choose a fraud prevention tool that’s right for you.

Where can I learn more about Giact?

Read our SEON vs Giact guide if you want to gain a closer insight into how these two tools compete against each other. Or, of course, check out its website and customer review sites such as Capterra and G2.

Learn more about:

Sift Alternatives | Kount Alternatives | Feedzai Competitors | Signifyd Competitors | Emailage Competitors

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