London, UK
Sumsub
Sumsub is a global all-in-one verification platform that secures every step of your customer’s journey. With Sumsub’s customizable KYC, KYB, AML and transaction monitoring solutions, you can orchestrate your verification process, welcome more customers worldwide, speed up onboarding, reduce costs and steer clear of digital fraud. Sumsub has over 2,000 clients across the fintech, crypto, transportation, trading and gaming industries including Mercuryo, Bybit, Huobi, Unlimint, DiDi, Poppy and TransferGo.
Sumsub Biometrics News
Deepfakes, ATO now entrenched as top ID fraud trends
Fraud trends for 2023 reveal where fraudsters are focusing their efforts as well as what tools are on the rise…
| Nov 27, 2023 | DIATF up to 49 certified digital identity service providers with Daon, Sumsub additionsThe Department for Digital, Culture, Media and Sport (DCMS) has updated its list of digital identity service providers certified to… |
| Nov 21, 2023 | Shufti Pro, Sumsub upgrade platforms for faster selfie biometrics processingShufti Pro and Sumsub have both announced updates to improve the effectiveness of their face biometric software, for authentication in… |
| Oct 20, 2023 | Sumsub launches a free tool to detect deepfakes and synthetic fraudSumsub has announced the release of For Fake’s Sake, a set of models enabling the detection of deepfakes and synthetic… |
| Oct 19, 2023 | A flurry of selfie biometrics deals in fintech for Onfido, Shufti, Sumsub, TruliooDigital identity and biometrics deals are flying in the financial sector, with ID verification firms gaining footholds in a growing… |
| Sep 8, 2023 | Socure, Sumsub, VeriFast sign up ID verification clients in regulated industriesDigital identity verification platforms are making new deals across closely regulated industries such as sports betting and online lending. Socure… |
| Aug 7, 2023 | Selfie biometrics and KYC checks further expand beyond bankingThe full range of the identity verification market is shown in customer deals announced by Yoti, Sumsub, Shufti Pro, Incode,… |
| Jul 21, 2023 | Sumsub expands ID verification platform, unveils payments sector alliances and APAC HQSumsub, a full-cycle verification platform with over 2,000 clients across the fintech, crypto, transportation, trading, e-commerce, and gaming industries, has… |
| Jul 7, 2023 | Banks, fintechs across Europe, UK, UAE and Singapore ramp up biometric onboardingFinancial institutions across the world are introducing selfie biometrics for onboarding customers remotely, including with a new contract for Sumsub… |
| Jun 29, 2023 | Identity verification providers team up for compliant sector-specific onboardingSelfie biometrics providers Yoti, Digidentity, Au10tix and Sumsub are teaming up with businesses providing background checks, gaming and gambling, and… |
| Jun 23, 2023 | Sumsub launches deepfake detection tool, announces pivot to ‘full-cycle verification’London-based identity verification firm Sumsub has incorporated enhanced deepfake detection technology into its existing biometric liveness detection solution. Sumsub’s liveness… |
| May 31, 2023 | Vendor claims deepfake fraud ‘doubles’ in North AmericaInstances of deepfake fraud doubled in North America between 2022 and Q1 2023 according to a new report from London-based… |
| May 18, 2023 | Digital IDs and the global fight for identityBy Vyacheslav Zholudev, CTO and co-founder of Sumsub Despite recent analyst research predicting that the global number of users of… |
| Apr 11, 2023 | Selfie biometrics extended with TrustCloud acquisition and mergerTransaction processing provider Branddocs has acquired digital transaction orchestrator TrustCloud, and will merge with it. The combined business will offer… |
| Mar 7, 2023 | Fintech fraud and compliance concerns lift selfie biometrics, ID verification providersGrowth in both the fintech sector and digital fraud rates are providing tail-winds for selfie biometrics and identity verification providers…. |
| Mar 3, 2023 | Compliance and fraud prevention tools introduced for crypto, digital transactionsLondon-based digital ID firm Sumsub has released a new Travel Rule solution for compliance in the crypto industry. Discussed last… |
| Feb 21, 2023 | Sumsub, iDenfy, Identomat and Plaid each move to ease compliance checks for businessesA ‘Complete Guide to Business Verification (KYB)’ has been published by Sumsub to help B2B companies mitigate rising fraud rates… |
| Feb 17, 2023 | Shufti shows ID document fraud increase, Onfido warns of tighter regulationsGrowing fraud risk is no surprise to anyone around the digital identity landscape, but Shufti Pro’s findings that identity document… |
| Feb 9, 2023 | Sumsub says digital ID can speed up onboarding in emerging marketsThe use of digital ID technologies, alongside government databases, can substantially speed up the identity verification process in emerging countries…. |
| Jan 24, 2023 | Biometrics providers push further into financial services, past digital ID misconceptionsA set of stubborn myths about digital ID are posing stubborn barriers to its application in banking and financial services,… |
Sumsub Industry Insights
Digital IDs and the global fight for identity
By Vyacheslav Zholudev, CTO and co-founder of Sumsub Despite recent analyst research predicting that the global number of users of…
