iDenfy, a global RegTech company specializing in identity verification and fraud prevention solutions, announced the launch of its ROI Calculator tool, a dynamic comparison gadget that’s designed to help businesses understand the financial Know Your Customer (KYC) service cost impact compared to other popular providers in the industry. iDenfy’s calculator provides finance and compliance officers, as well as product leaders, with transparent, data-driven projections of verification costs with chosen plans and add-ons without the need to book calls or go through complex, gated processes.

The traditional manual verification method has come to an end. According to iDenfy’s CEO, Domantas Ciulde, the identity verification market has become so competitive over the past few years that it has prolonged the process for businesses, especially when looking for a KYC partner or a new ID verification solution to replace the existing one. Compliance officers, who are the ones behind using and managing identity verification software, realized that the dashboard needs to be easily worked with and simple to understand, with all verification results in one place; otherwise, backlogs increase, potentially overcomplicating the process for the customers who need to go through KYC as well. 

So, in this sense, iDenfy’s CEO, Domantas Ciulde, states that ID verification needs to tick “all of the boxes” to remain competitive and compliant with today’s basic requirements:

“Our Sales team and Account Managers in particular have been working closely with existing clients, gathering feedback to improve our KYC software. Compared to other big players, who also juggle large volumes like us, we actually can deliver fast responses without keeping the client hanging for hours.”

However, Domantas Ciulde stresses that it’s not enough, as coming into 2026, iDenfy has big future plans, linked to faster product development and the use of AI in many internal processes for Sales, Marketing, or Business Development. This has already helped improve the efficiency and scale of many tasks. One example is the new ROI Calculator tool, which delivers tailored, AI-powered estimates based on publicly available pricing information from popular identity verification providers. 

According to Viktor Votrikov, the CMO of iDenfy, the new calculator helps “test the waters,” especially for those looking to switch KYC providers or those who want to calculate the concrete price and see if it matches their budget. “We removed the main hassle of having to guess the price, as we want to keep our brand’s promise, which is high-quality and accuracy, as well as fair, transparent communication,” added Viktor Vostrikov. 

iDenfy’s ROI Calculator evaluates savings across four key value drivers. Direct verification savings eliminate charges for “denied”, “failed,” or “abandoned” attempts. 

This means that overall verification costs decrease as dropout or denial rates increase for those using iDenfy’s ID verification software. This is possible because iDenfy has developed its one-of-a-kind pricing model, which doesn’t charge for failed verifications.  According to Domantas Ciulde, the CEO of iDenfy, this is especially important in industries with high fraudulent account rates. For example, in iGaming, many users try to bypass KYC using fake or altered data, creating duplicate accounts and then claiming free promotional benefits, which goes against the platform’s Terms & Conditions. 

The new ROI Calculator presents four pricing tiers: the Enterprise Bronze, Enterprise Silver, Enterprise Gold, and Enterprise Premier for organizations exceeding 50,000 verifications per year. The Enterprise Premier tier provides custom pricing, dedicated support, and tailored commercial structures. Each plan varies based on the required verification volume and can include features such as unlimited manager accounts, watermark removal, SLA coverage, credit rollover, and more. As businesses purchase higher verification volumes, the cost per verification decreases accordingly.

Additionally, iDenfy’s in-house manual KYC Review team’s efficiency allows for automating various verification checks, and if needed, manually re-check unsuccessful verifications to verify passports and other identity documents, which significantly reduces mistakes and saves internal officers' labor expenses. A major return on investment also comes from time savings; customers can be onboarded in under three minutes. Most importantly, businesses pay only for successfully completed verifications, while unsuccessful or abandoned attempts remain free of charge.

Fortunately, iDenfy offers its automatic identification method that is able to analyze customers’ IDs with their information in seconds, and if needed, it can be flexibly changed according to the company's onboarding rules. Unlike traditional verification vendors that charge for every single verification attempt, including automated denies, false rejects, and user drop-offs, iDenfy has presented customers with competitive pricing costs for in credits to stand out in the market.

It is worth mentioning that iDenfy’s ready-to-deploy SDKs can reduce typical integration timelines from four weeks to approximately one week, in this way that leads to one-time integration savings. When comparing identity verification automation with the workload and costs of the other industry alternatives, iDenfy can reduce operational overhead by up to 75%, even before needing its 24/7 service support.

“What makes our ROI calculator tool different is that we’re not just guessing at savings, we’re showing exactly how much money is being left on the table when companies pay for verification attempts,” said Domantas Ciulde, the CEO of iDenfy.