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Sumsub

🌎 sumsub.com

Sumsub is a leading identity verification platform that secures the entire user journey through customizable solutions for KYC, KYB, transaction monitoring, and fraud prevention. With over 2,000 clients across various industries including fintech, crypto, and e-commerce, Sumsub aims to help businesses meet compliance requirements, reduce costs, and protect against fraud while welcoming more customers worldwide.

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Sumsub - Latest News and Updates

• Sumsub has joined Colombia Fintech, expanding its digital verification services in Latin America.
• SWAPD has transitioned its ID verification process to Sumsub, which now includes mandatory face scans for added security.
• CMC Markets has partnered with Sumsub to streamline the onboarding process at their new Bermuda office.
• Sumsub launched a Reusable Digital Identity product suite, including Sumsub ID and Reusable KYC, to streamline identity verification and improve onboarding efficiency for over 4000 client platforms.
• Sumsub is hosting the SumsubMultiverse event in London on May 14 to discuss secure and user-friendly digital ID systems.

• Sumsub released a report highlighting a 121% year-over-year increase in identity fraud in APAC in 2024, with Singapore experiencing a 207% rise.
• Sumsub's Greenflag initiative, which addresses global digital exclusion, has been shortlisted at Spikes Asia in the Creative Strategy – B2B category.
• Sumsub will attend the Hong Kong Web3 Festival on April 6-9, SiGMA Americas on April 7-10, FIBE Berlin on April 9-10, and Money20/20 Asia in April.
• Sumsub provides customizable KYC, KYB, transaction monitoring, and fraud prevention solutions to over 4000 clients in industries like fintech, crypto, and gaming, including companies such as Duolingo and Bitpanda.
• Wink uses Sumsub for ID and liveness checks to ensure security similar to CEXes.

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