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Sumsub

Website: sumsub.com

Sumsub is a London based identity verification platform that covers KYC/KYB/AML needs, working in fintech, trading, gaming, transportation, and marketplace industries.

Sumsub Biometrics News

 

KYC fraud loss tool launched by Sumsub amid digital ID deals, award

Digital ID providers are continuing to extend their software toolkits for KYC checks, and their market reach. Shufti Pro has…

Sep 19, 2022

Veriff partners with mobile developer as selfie biometrics use grows for payments, deliveries

Veriff has formed a partnership with mobile app developer Shockoe to build fraud prevention and uncompromised privacy to businesses creating…

Aug 25, 2022

Sumsub promotes expansion of digital ID services with US office, popular YouTube account

London-based identity verification platform and regtech specialist Sumsub has opened its first U.S. office in Miami, Florida. The company made…

Jul 1, 2022

Sumsub stats show more biometric ID verification needed as crypto regulations increase

Cryptocurrencies could soon be subject to strict anti-money laundering checks in the European Union, with a provisional agreement between the…

Jun 30, 2022

Cloud KYB services from Sumsub, iDenfy expand selfie biometrics applications

A pair of new cloud services from Sumsub and iDenfy bring automated compliance checks to business relationships, as selfie biometrics…

Jun 15, 2022

Selfie biometrics firms add location verification, release new offerings

Two selfie identity authenticators, Sumsub and Incognia, have announced the addition of location-based authentication as another two, CycurID and Nametag,…

May 18, 2022

Sumsub biometrics and KYC services boost payment platform’s approval rate to 78 percent

London-based payments platform Mercuryo is reporting dramatic gains in its customer onboarding process by leveraging Sumsub’s biometrics and Know Your…

Apr 27, 2022

Sumsub launches proof of address document recognition, plans $80M-$100M Series B

Sumsub adds proof of address (PoA) document subtype recognition to grant its fintech clients a more accurate picture of the…

Apr 1, 2022

Dating apps aren’t that hard to fool with altered biometrics: researcher

A Stanford University researcher has used a generative adversarial network to exploit face biometrics vulnerabilities in two popular dating apps….

Mar 30, 2022

Sumsub releases KYC speed and pass rate case study, Signicat unveils digital ID trends

London-based Sumsub and fleet rental software company MyMove have released the results of the digital ID partnership they formed in…

Mar 16, 2022

Sumsub unveils biometrics-backed KYB checks for fast verification

Sumsub is launching a know your business (KYB) product that the identity verification and selfie biometrics firm says will substantially speed…

Feb 22, 2022

Global face biometrics pass rate 95 percent; Sumsub sees room for improvement

The average global pass rate for remote identity checks with face biometrics is 95 percent, according to new research from…

Feb 2, 2022

Biometrics to lead IDV market’s $10B growth by 2026

The global market for digital identity verification technology is forecast for rapid growth, with MarketsandMarkets estimating a 16.6 percent compound…

Jan 13, 2022

Biometrics and digital ID providers announce awards, distinctions

A series of awards and recognitions has been snapped up by biometrics and digital identity providers, in celebration of some…

Dec 21, 2021

Five face biometrics partnerships and big ambitions revealed

As the use of selfie biometrics and digital identity diffuses across more sectors and parts of life, the number of…

Dec 13, 2021

Sumsub takes selfie biometrics to SMB market with new service

Sumsub is launching a new set of services to give small and medium-sized businesses an easy way to adopt selfie…

Sep 10, 2021

Governments bringing more biometrics to bear in AML fight

A new biometrics service has been launched by Pakistan’s government, while Taiwanese regulators are updating their rules to include the…

Jul 28, 2021

Financial services customers pick biometrics from FaceTec, TruNarrative, Sumsub, SecureKey

FaceTec, TruNarrative, Sumsub and SecureKey have each won customers among financial services companies or their technology providers to implement biometric…

Jun 23, 2021

Digital ID providers extend technology to support compliance with financial regulations

Several digital identity technology providers have reached new agreements to extend their software and services to help businesses meet financial…

Jun 16, 2021

Fintechs race to adopt biometrics for remote KYC

More than three out of four millennials are “very satisfied” with using mobile device-based face biometrics for authentication, according to…

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