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
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, 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… |
Jul 28, 2021 | Financial services customers pick biometrics from FaceTec, TruNarrative, Sumsub, SecureKeyFaceTec, 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 regulationsSeveral 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 KYCMore than three out of four millennials are “very satisfied” with using mobile device-based face biometrics for authentication, according to… |
May 20, 2021 | Selfie biometrics customer win, feature, marketplace launch and integration unveiledSumsub has announced a customer win for its selfie biometrics and KYC technology, IDnow has introduced NFC scanning for its… |
May 11, 2021 | Sumsub, Acuant each form partnerships to upgrade biometric KYC, fraud detection solutionsSumsub is integrating ID document scanning technology from Smart Engines with its biometric know your customer (KYC) and digital identity… |
May 4, 2021 | FaceTec selfie biometrics integrated for enterprises by Veritran as market stays hotA series of partnerships and customer wins for selfie biometrics and identity verification tools for customer compliance have been announced… |
Apr 27, 2021 | Remote biometric onboarding, KYC growth appears sustainable as customers, FIs see benefitOnline account opening for financial services has taken off during the pandemic, and BioID, Smart Engines and Sumsub have all… |
Apr 21, 2021 | Jumio partners for public sector selfie biometrics onboarding as boom continuesCopper River IT has selected Jumio’s face biometrics and digital KYC capabilities to enhance its program-focused advanced network and systems… |
Apr 13, 2021 | Yoti, Sumsub partnerships to power biometric onboarding for UK real estate sectorThe digital onboarding process raises various concerns about security, efficiency, and regulatory compliance as it is applied to new application… |
Apr 6, 2021 | iProov survey shows U.S. consumer trust in biometrics, DMV as digital ID providerPeople are getting used to the idea of selfie biometrics backing online processes for digital identity verification, as show by… |
Mar 31, 2021 | Sumsub launches face biometric liveness detection to boost onboardingSumsub has developed a biometric liveness solution to help fintech, transportation, insurance, trading and gaming companies perform ID verification and… |
Mar 18, 2021 | Yoti, Onfido, Sumsub and ID.me step up biometric, digital ID onboarding efforts to tackle online fraudSeveral biometrics providers have announced new partnerships this week, sharing their e-Signing and KYC solutions to combat online fraud. Particularly,… |
Jan 21, 2021 | iDenfy adopts Manu behavioral biometrics, Sumsub and Yoti each announce partnershipsA series of partnerships to ease onboarding and transactions with biometrics and digital ID credentials have been announced by iDenfy… |
Sep 11, 2020 | Sumsub selfie biometrics and ID doc check chosen for investor onboarding, SmartSearch launches AML solutionInvestor onboarding company Valk has selected Sumsub’s biometric identity verification technology to power the KYC, KYB, and AML checks for… |
Sep 8, 2020 | Sumsub raises $6M to bring selfie biometrics and document checking to new marketsSumsub has raised $6 million in Series A funding to develop its all-in-one, biometrics and AI-powered identity verification and compliance risk… |
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…