Equifax InstaTouch ID Verified 1-Click Signup

In today's digital-first economy, the quality of your user onboarding experience directly impacts your bottom line. While Equifax's InstaTouch ID has been a traditional choice for identity verification, modern fintechs are seeking alternatives that offer broader coverage, faster integration, and more flexible pricing. This comparison explores why companies like Kalshi, Future Money, and dozens of leading fintechs are choosing Verified's 1-Click Signup over InstaTouch ID.

The stakes are high: 35% of users abandon signups during onboarding, and each additional second of friction costs you valuable customers. As synthetic identities become more sophisticated and fraud evolves, finding the right balance between speed and security is crucial. This guide will help you understand the key differences between InstaTouch ID and Verified's 1-Click Signup, so you can make an informed decision for your business.

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Speed: The Real Numbers

• Verified: 9.3 seconds average completion time
• InstaTouch ID: ~20 seconds typical flow time

While both solutions aim for speed, Verified's 1-Click Signup is more than twice as fast. Every second counts when you're trying to convert users.

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Coverage That Matters

• Verified: 95% coverage of US adults (253M people)
• InstaTouch ID: 70% coverage of US adults

While InstaTouch ID offers significant coverage, Verified's broader reach means you can seamlessly onboard 25% more of your potential customers with ease.

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Integration That Won't Slow You Down

• Verified: 4 hours average integration time
• Plaid Layer: 120 hours typical integration time

Our streamlined API and comprehensive documentation mean you can be up and running in half a workday, not several weeks.

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Verified Advantages:

• Pre-fills complete user profiles including SSN
• Rich fraud signals from multiple authoritative sources
• Real-time phone carrier verification
• Optional KYC/AML compliance built-in
• Extensive additional datasets (vehicle data, property records, income, employment)
• Pay for what you use only. No minimums. No setup fees. No lock-in. Price match guarantee.

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InstaTouch ID Limitations:

• Complex integration requiring 120+ hours
• No phone-only input option
• No ongoing updates
• Additional product lines required for comprehensive data
• High minimums and fixed pricing
• Limited flexibility in implementation

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Pricing That Scales With You

• Verified: Pay as you go, price-match guarantee, risk-free trial
• InstaTouch ID: High minimums and high fixed prices

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Why Leading Fintechs Choose Verified Over InstaTouch ID

1. Superior Coverage: 95% vs 70% of US adults
2. Faster Implementation: 4 hours vs 120 hours integration time
3. Cost Efficiency: Flexible pricing without high minimums
4. Speed to Value: 9.3 seconds vs 20 seconds completion time
5. Better Support: Hands-on implementation assistance included

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Getting Started is Simple

Testing Verified's 1-Click Signup is straightforward and risk-free:

1. Instant Sandbox Access: Get API keys immediately and start testing with our comprehensive sandbox environment that includes realistic test data.
2. Risk-Free Trial: When you're ready for production, start with a risk-free trial.
3. Fast Implementation: Our streamlined API means you can go from sandbox to production in as little as 1 hour. Teams can integrate in a single afternoon which mean no need for a roadmap reprioritization.
4. Developer-First Documentation: Clear, comprehensive docs make integration seamless.
5. World Class Support: Getting you up and running is our number one priority. Our average time to respond for technical support is 5 minutes. And most issues are resolved within 30-minutes.
   
   

With 95% coverage of US adults and conversion rates averaging 31%, there's no reason not to try a better alternative to InstaTouch ID. Get in touch today and see the difference for yourself.

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Last updated: October 2024