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PassFort Lifecycle Reviews & Product Details

Metkel A.
MA
Head of Financial Crime/MLRO
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about PassFort Lifecycle?

One of the most user friendly platforms I have ever used and amazing support team. All our queries get mostly dealt in the same day which is a big plus. Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

No issues that I can think of. So far, so good! Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

One of the main problems PassFort can resolve is the onboarding process for complex businesses. If appropriately integrated, Passfort can make the process seamless, only requiring a review of the requested docs before final approval. The onboarding process for both businesses and individuals can be easily automated, which improves the customer experience and the time it takes for a client to be onboarded Review collected by and hosted on G2.com.

PassFort Lifecycle Overview

What is PassFort Lifecycle?

PassFort, a Moody's Analytics company, is on a mission to transform the way compliance professionals work, breaking the compromise between compliance efficiency and great customer experiences in the fight against financial crime. Born in the cloud, PassFort’s SaaS solutions are defining a new wave of RegTech by enabling regulated financial services companies to manage risk, trust and compliance standards across customer relationships. PassFort’s magic is its ability to dynamically orchestrate KYC and AML workflows in a new way, so humans can be brought in and out of the process for high-value tasks that require analysis, judgement and decision-making. PassFort’s technology enables companies to rapidly onboard and monitor their customers at scale. Its low-to-no code solution thrives on complexity such as multiple customer types, multiple product lines and multi-jurisdictions; empowering compliance teams to be more efficient and to build trusted customer relationships globally.

PassFort Lifecycle Details
Languages Supported
English
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Product Description

PassFort adds the human touch to compliance automation. Digitally execute KYC, KYB, and AML workflows, then bring your people in and out of the process for high-value tasks.


Seller Details
HQ Location
New York, NY
LinkedIn® Page
www.linkedin.com
7,078 employees on LinkedIn®

Tim S.
TS
Overview Provided by:

Recent PassFort Lifecycle Reviews

Verified User
C
Verified UserMid-Market (51-1000 emp.)
4.5 out of 5
"Great services"
the KYC system is Simple, Easy to understand, and to use - as that helps us to complete the onboarding thew clients with no time
Samuel L.
SL
Samuel L.Small-Business (50 or fewer emp.)
4.0 out of 5
"Very convenient and efficient way to manage onboarding data"
I like the efficiency, it has been easy to learn from when I joined my company. Also the team are very quick to repsond and we can easily make adju...
Verified User
A
Verified UserSmall-Business (50 or fewer emp.)
5.0 out of 5
"Great product and team!"
We like that it stops human errors and automates as many tasks as possible. This has meant we have a gold standard in our compliance process straig...
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PassFort Lifecycle Media

PassFort Lifecycle Demo - Policy Builder
Design your policies around workflows, not rulesets.
PassFort Lifecycle Demo - Reporting Dashboard
See the performance of your policies in real time and report on key business metrics.
PassFort Lifecycle Demo - Case Management
Get your work done as a team and see what other members are processing.
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Have you used PassFort Lifecycle before?
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16 out of 17 Total Reviews for PassFort Lifecycle

4.8 out of 5
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Overall Review Sentiment for PassFort LifecycleQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Samuel L.
SL
Junior Compliance Administrator
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about PassFort Lifecycle?

I like the efficiency, it has been easy to learn from when I joined my company. Also the team are very quick to repsond and we can easily make adjustments to our products that we require. Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

It can be slow to add new features that we may see as more important, such as the notifications system for pep/sanctions checks. When there is a change to a hit which has already been raised, we are not alerted of this change. Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

We have improved efficiency of onboarding greatly. Also the reporting function allows us to quickly extrapolate the data we need for analytics such as that on our service providers Review collected by and hosted on G2.com.

Response from Tinuke Bernard of PassFort Lifecycle

Thank you for leaving a review Samuel. We're pleased that you have found the team quick to respond and that the PassFort platform has enabled greater efficiency of onboarding within your organisation.

We really appreciate you sharing your thoughts about the speed of new features and highlighting what you would like to see updated. We are constantly updating and adding features to the platform so watch this space!

Verified User in Financial Services
AF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about PassFort Lifecycle?

We like that it stops human errors and automates as many tasks as possible. This has meant we have a gold standard in our compliance process straight out of the box. Our account manager Aaron is excellent, always chasing up on any issues we had and wanting us to get the most out of the platform, Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

There API does everything but is not simple to understand. Their guides are sometimes don't feel relevant, and you have to search a lot of pages to understand what you may want to do. It's a shame when you talk to the engineering team; there is an easy way to do something that would be hard to find out by yourself. Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

Automated tasks that allow us to onboard clients quickly but most importantly diligently too. Team can own the process and it stops them missing a steps that we need to do. Review collected by and hosted on G2.com.

Response from Tinuke Bernard of PassFort Lifecycle

Thank you for your review! It's great to hear you have a gold standard compliance process. We'll take your comment about the guides into consideration also.

Verified User in Financial Services
CF
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about PassFort Lifecycle?

the KYC system is Simple, Easy to understand, and to use - as that helps us to complete the onboarding thew clients with no time Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

Some delays from the customer services or the account manager Review collected by and hosted on G2.com.

Recommendations to others considering PassFort Lifecycle:

if you are looking for hassle-free onboarding clients worldwide then this is the system you need to use as it's excellent and easy to learn and has automatic approval for low-risk countries Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

KYC and some of the compliance issues Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about PassFort Lifecycle?

A great overall package that makes onboarding clients easy. As the first piece of compliance software I have ever used I found it so easy to pick up and get straight into my work. The support from the Passfort team has been top tier with regular meetings with our account manager there informing us of exciting updates to the services they can offer and bespoke recommendations that suit our business needs. Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

Off the top of my head no issues come to mind, I am happy with the service and support that Passfort offer. I feel the regular updates to providers and current features makes Passfort a well-rounded system. Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

Passfort has helped our business perform due diligence at point of onboarding our clients and keep that process going throughout our business relationship them. Review collected by and hosted on G2.com.

Response from Tinuke Bernard of PassFort Lifecycle

We're so glad you've enjoyed your experience using PassFort. Thank you for leaving a review.

We are constantly updating our platform in order to provide end users with an amazing system with which to conduct their due diligence, KYC, KYB and AML needs.

Verified User in Financial Services
UF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite on behalf of seller
Incentivized Review
What do you like best about PassFort Lifecycle?

What is highly appreciated is the retrieval of information from Companies House.

There is no losing time or making errors while copy-pasting; we can concentrate on the actual work Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

For shareholders, the tasks are passed automatically when one of the screenings is complete. You need to unmark the task in order to check IDs or other documents Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

Due Diligence is made easy, no need for different databases and reports from other systems for monitoring. Review collected by and hosted on G2.com.

Response from Tinuke Bernard of PassFort Lifecycle

Thank you for your thorough review, we appreciate you taking the time to share your thoughts. We'[re glad to have made Due Diligence easy for you!

Stephanie S.
SS
Compliance Associate
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about PassFort Lifecycle?

We have been using Passfort as part of our onboarding CDD and AML processes for several years and it has become an essential tool to assist with the onboarding and monitoring of our clients. Passfort assists Cornhill in meeting its regulatory obligations while also improving the automation and efficiency of our current processes.

Passfort brings flexibility, innovation and knowledge to what we as customers require to help support our clients journey, and ensure a smoother and stable relationship is maintained.

It has been a pleasure to work with a knowledgeable team that has supported Cornhill throughout the relationship and we look forward to developing and enhancing our offering through passfort over the years to come. Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

Nothing comes to mind. On the whole, I am pleased with the Passfort experience as a user Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

PassFort continues to evolve the platform to achieve the best possible offering, streamlining and bringing ongoing solutions for the evolving regulatory AML space. Review collected by and hosted on G2.com.

Kathryn M.
KM
Co-Founder
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about PassFort Lifecycle?

Flexibility and dedication. Flexibility in their mindset towards deals and customers, but also in their technology, which is designed to make RegTech more accessible to developers - and RegTech needs to be accessible to be effective!

Their slogan is lived by - they really do add the human touch to compliance automation. Our CTO loves them for their dynamic and fast support in using the product; we (founders) love them for giving us the time and resources needed to be a long-term partner, not just a customer. Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

Nothing springs to mind from a commercial/working together perspective. Our CTO may have some niggles but he speaks very highly of the tech and integration support. Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

PassFort scales with us by allowing us to use direct deals with providers or use PassFort's commercials, and they are agnostic either way. They go above and beyond to help in any way they can. Review collected by and hosted on G2.com.

DC
Product
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about PassFort Lifecycle?

Working with a great team that is passionate about their product and who are always listening and thinking of innovative ways to further improve upon it. Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

As a very demanding customer of PassFort's, at times we ask for very tight timelines for multiple competing projects. Understandably, the team cannot commit to all requests, but we've found PassFort's willingness to work with us to find agreeable compromises and solutions to be great and has further built on our foundation as partners. Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

PassFort has been instrumental in helping our org automate key elements of our onboarding process. Operating in multiple countries, each with its compliance nuances and challenges, the team has been able to help us reduce complexity, increase scale and benefit from their ecosystem of connected vendors and partners. Review collected by and hosted on G2.com.

Scott F.
SF
Product Owner
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PassFort Lifecycle?

There has been positive feedback throughout our organisation for Passfort. It is really intuitive to use and has excellent performance when faced with higher volumes.

Also, there is a helpful support team on hand to help with anything from configurations, queries about specific cases, understanding reports.

The product team are also accommodating when discussing potential enhancements to the offering. Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

There isn’t anything I dislike in particular. Where we see an area we think can be improved for us, we are comfortable giving feedback. Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

Faster onboarding.

Faster adjustments to processes, across multiple potential journeys (jursidictions, risk levels).

Faster integrations for business needs. Review collected by and hosted on G2.com.

Joanna S.
JS
Senior Operations Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about PassFort Lifecycle?

Having worked with Passfort over a number of years I got a front row seat to their progression and really admire how they take care and show interest in their client's needs, especially when it comes to developing their features.

Even when tasks wouldn't work in the way we expected them to, they were always eager to work with us on a solution and took our feedback under consideration.

They are constantly looking to add new features and data providers which shows how they are able to stay ahead of the game.

The system is very intuitive meaning that you do not need a great deal of training to use it.

I have no doubt that they would make the ideal AML partner for any organisation. Review collected by and hosted on G2.com.

What do you dislike about PassFort Lifecycle?

There isn't really anything that I dislike about Passfort, as I always felt my issues were addressed in a timely and professional manner. Review collected by and hosted on G2.com.

Recommendations to others considering PassFort Lifecycle:

My advice to anyone looking for an AML tool would be to give Passfort a try as they have great customer service and are always looking to satisfy customer needs and requirements. Review collected by and hosted on G2.com.

What problems is PassFort Lifecycle solving and how is that benefiting you?

Passfort has been our only AML tool for the past few years and we use them both for initial AML checks, but also ongoing monitoring. Review collected by and hosted on G2.com.