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
Sumsub expands data sources to improve KYB
Sumsub has provided upgrades to its Business Verification platform aimed at tackling the common challenges that businesses encounter during the…
| Jun 6, 2024 | Selfie biometrics certifications, customer wins and partnerships unveiledSelfie biometrics and identity verification providers have announced new certifications and market traction. SmartSearch is now recognized as an IDSP… |
| May 30, 2024 | Sumsub puts numbers to deepfakes preceding elections; govts take actionAn internal analysis conducted by Sumsub shows a substantial rise in deepfake content leading up to the 2024 elections in… |
| May 20, 2024 | Sumsub brings non-doc biometric identity verification to new marketsBiometric identity verification providers are expanding their market reach in various ways, including Sumsub’s support for users without ID documents… |
| May 20, 2024 | AI deepfakes are wreaking havoc on an unprepared financial industryThe identity of the firm targeted in a deepfake video scam that resulted in the loss of US$25 million has… |
| Apr 29, 2024 | Brazil prepares to implement new sports betting regulationsBrazil’s Ministry of Finance has published an ordinance on the implementation of new regulations for sports betting, bringing the country… |
| Apr 25, 2024 | Business needs biometric protection from voice deepfakes, lawmakers want watermarksPolicy-makers may still be catching up to deepfakes, but biometric liveness detection developers are much further ahead, according to a… |
| Mar 19, 2024 | Sumsub finds 1 in 100 involved in fraud, updates prevention platformOne out of every 100 users on a digital platform or service is a member of a fraud network, according… |
| Mar 14, 2024 | Sumsub integrates novel key management capability for crypto complianceSumsub‘s Transaction Monitoring will now integrate with Chainalysis for KYC and AML in crypto. The company will also be the… |
| Feb 16, 2024 | VCs like Clarity’s approach to deepfake detection, but there are alternativesIdeas for detecting deepfakes are popping up among startups and attracting significant venture funding. Just a year ago, most news… |
| Feb 1, 2024 | Relai selects Inverid, fintechs beef up KYC processes as deepfake threats loomNew research from Gartner predicts that 30 percent of entities will no longer consider biometric verification alone to be reliable… |
| Nov 28, 2023 | Deepfakes, ATO now entrenched as top ID fraud trendsFraud 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… |
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…
