betternfaster.com

What It Is

Better & Faster is an enterprise software solution for financial institutions and entities engaged in regulated financial activities. Its core focus is online account opening, customer due diligence, KYC, AML compliance, transaction monitoring, and financial workflow automation. According to the official website, it is not a single standalone tool, but a set of modules including Onboarding, Compliance AML Suite, Crediroll, Igualet, and DeepLoupe, covering multiple financial scenarios from customer onboarding to regulatory compliance, credit issuance, and payments.

Core Features and Product Scope

Onboarding is a customizable web application that allows customers to register remotely via mobile phone, tablet, or PC, apply for products and services online, and go through integrated identity verification, due diligence, and AML workflows. Compliance AML Suite consists of four applications covering customer assessment and registration, KYC, regulatory due diligence, money laundering risk calculation, and transaction monitoring. DeepLoupe focuses on screening PEPs, sanctions lists, and adverse media, making it suitable for institutions with regulatory screening obligations. Crediroll is designed for payroll-deducted lending, automating customer enrollment, credit assessment, collections, and regulatory report generation. Igualet provides mobile transfer and merchant payment capabilities.

Pricing, Deployment, and Integrations

The official website does not disclose plans, pricing, billing metrics, a free version, or trial information in its main content. It also does not clearly state whether the product is delivered via cloud deployment, self-hosting, or a hybrid model. Although it mentions web applications and mobile apps, that alone is not enough to determine its commercial delivery model. There is also no clear information about third-party integrations, open APIs, developer documentation, permission management, or team collaboration features. These are key areas to verify before enterprise procurement.

Pros and Cons

Its strengths are its clear positioning and focus on high-value use cases around compliance and digital transformation for financial institutions. It covers account opening, KYC, AML, transaction monitoring, screening, and loan workflows, forming a relatively complete scenario chain. The main drawback is the lack of transparency in publicly available information, especially regarding security certifications, data protection, deployment architecture, SLA, implementation timeline, and pricing. The product line is broad, but the integration methods and boundaries between modules are not explained in much detail.

Who It’s For and Access from China

Better & Faster is best suited for banks, lending institutions, payment providers, fintech companies, and compliance service providers evaluating solutions for remote onboarding, AML compliance, sanctions/PEP screening, and loan automation. Access from China cannot be determined from the available website content and should be considered unknown. For cross-border procurement, buyers should also verify network availability, local regulatory fit, payment methods, cross-border data transfer requirements, and Chinese-language support. Comparable options include ComplyAdvantage, LexisNexis, Dow Jones, Trulioo, Sumsub, Onfido, as well as local Chinese financial risk-control and compliance service providers.