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 eases digital identity verification with no-code tool for configurable user journeys
Sumsub has introduced a feature enabling companies to create user identity verification workflows tailored to particular triggers and risk scenarios…
| Oct 6, 2022 | One-click KYC, digital ID solutions introduced by Yoti, SumsubYoti is introducing a new one-click digital identity verification solution in collaboration with financial KYC (know-your-customer) provider Department of Trust,… |
| Sep 29, 2022 | New solution and partnerships unveiled amid flurry of selfie biometrics and KYC activityRomania-based Qoobiss has launched an anti-money laundering solution for businesses in the financial sector based on the company’s selfie biometric,… |
| Sep 23, 2022 | KYC fraud loss tool launched by Sumsub amid digital ID deals, awardDigital 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, deliveriesVeriff 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 accountLondon-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 increaseCryptocurrencies 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 applicationsA 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 offeringsTwo 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 percentLondon-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 BSumsub 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: researcherA 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 trendsLondon-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 verificationSumsub 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 improvementThe 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 2026The 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, distinctionsA 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 revealedAs 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 serviceSumsub 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 fightA new biometrics service has been launched by Pakistan’s government, while Taiwanese regulators are updating their rules to include the… |
Sumsub Industry Insights
AI agents alone can’t be trusted in verification
By Eugeny Malyutin, Head of LLM at Sumsub Agentic AI – autonomous systems that can complete entire tasks without human…
| Digital IDs and the global fight for identity |
