Thanks to Sumsub, Kaizen Gaming could significantly boost onboarding automation. Responding to this growing threat of identity fraud, the company made major. 4. Sumsub launches "For Fake's Sake", a set of publicly accessible models to expose AI-generated content amid ever-evolving deepfake fraud. In September 2023, the EU Council approved the DAC8 Directive. Government databases and centralized solutions may one day replace document-based verification, Vyacheslav Zholudev, Sumsub’s chief technology officer and co-founder told Biometric Update in a recent. Trusted users can onboard faster while risky groups go through extra checks. 9 (56) FinScan. With Sumsub since 2021. 1 review US 7 days ago Verified everywhere on every website… Verified everywhere on every website you can think of, from Government, Money/Banking, Gambling, Crypto and. A passionate writer with strong interest in storytelling. The offering signifies a pioneering approach. Sumsub has launched a Self-Start Service to enable small businesses to make use of its selfie biometrics and liveness detection for identity verification processes. Learn more ; Business verification (KYB) Get full KYB done in just 3 hours. Sumsub’s development team was there to help at every step of the way and provided an immediate response to any issue. Unsure of what to choose? Check Capterra to compare Sumsub and Onfido based on pricing, features, product details, and verified reviews. Dashboard. Used. #Making a request. It will allow Sumsub’s partners. It includes screen navigation events, UI controls interaction events and so on. The Satisfaction ratings of Sumsub include Ease of Setup (91%), Quality of Support. Sumsub recognizes multiple alphabets and writing systems including Latin, Cyrillic, Greek, Armenian, etc, as well as East Asian languages including Japanese, Korean and. LONDON, June 13, 2023 /PRNewswire/ -- Today, Sumsub transforms from a world-leading KYC. Sumsub is an all-in-one provider with international expertise in KYC/AML and the highest conversion rates in both core and emerging markets–94. Sample of user menu with focus on Reusable KYC. Popular Comparisons. As part of my series about the leadership lessons of accomplished business leaders, I had the pleasure of interviewing Jacob Sever, Sumsub Founder & CPO. The AIFinTech100 list has been launched by FinTech Global after rigorous research of over 2,000 companies. Sumsub, an international regulatory technology company that helps businesses stay compliant and fight digital fraud, published this week its first KYC (Know Your Customer) guide for the gaming industry, with a focus on Europe and the UK. Sumsub’s global clientele, based in over 200 different jurisdictions are able to meet financial requirements including FCA, CySec, MAS. We streamline your verification process with truly global coverage, generating higher approval rates even in emerging and unbanked jurisdictions. The audit was supervised by BARR Advisory, P. Our event is focused on high-profile financial fraud and identity theft and ways to prevent it. Sumsub, a full-cycle verification platform securing the whole user journey, is pleased to announce it has been featured as one of the Frost Radar™ leaders in a recent Fraud Detection and Prevention (Know Your Customer) report by Frost & Sullivan. They also saw a 45% increase in single trips for their one-time users, which is a very satisfying result. High verification speed (ID and DL check within 3. Run automated AML and registry screening or delegate deeper ownership and control structure analysis to certified compliance experts. By focusing on constant testing of new demand generation programs, infused with human-first community. Filter 53 reviews by the users' company size, role or industry to find out how Sumsub works for a business like yours. Learn how real users rate this software's ease-of-use, functionality, overall quality and customer support. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more. To stay protected from fraud, companies need to perform checks along the whole user. MIAMI, Oct. MIAMI and LONDON, Nov. Their API's are straight forward, and their admin interface is effective. It enables users to trade cryptocurrencies using secure bank transfers and credit cards. tags: List of String-s: Transaction tags. Sumsub has over 2,000 clients across the fintech, crypto, transportation, trading and gaming industries including Mercuryo, Bybit, Huobi, Unlimint, DiDi, Poppy and TransferGo. Leading experts from major companies. Reviews of Sumsub. Sumsub, a full-cycle verification platform that secures the whole user journey, today announces its plans to make Singapore its APAC headquarters and wider business development goals in the region. 5, 2023 /PRNewswire/ -- Sumsub, a full-cycle verification platform, today announces it has been named a Representative Vendor in the 2023 Gartner Market Guide for Identity Verification. Be ready to work hard but enjoy the people you work with! I love working here :)The Sumsub Travel Rule Ecosystem is a community of VASPs (Sumsub Clients, its Partners Clients or Client’s counterparties) that have successfully passed the VASP Due Diligence process purported to facilitate sharing data related to VA Transactions between VASPs and carry out identification and verification of counterparty VASPs in order to. Currently pursuing a Masters degree in Film Theory. Financial statements preparation, review and. This application provides you with a real-time identity. // The token must be generated with `levelName` and `userId`, // where `levelName` is the name of a level configured in your dashboard. Today, Sumsub transforms from a world-leading KYC provider to the future-proof platform providing full-cycle verification for the whole user journey. Sumsub, a full-cycle verification platform, today announces the release of its Responsible Gaming solution, the first automated solution by a leading verification provider in gaming compliance. 64% in the US, 95. Anti-fraud; Oct 16, 2023; 3; min readAML Transaction Monitoring Rules & Scenarios 2023. Today, 100% of Chilli Partner’s’ traffic goes through Sumsub. and honestly their logo is creepy as can be. InstantID. SumSub is easy to use, and they charge based on number of checks with no minimum, which makes it great for small startups who don't have the volume for other products. Sumsub helps companies implement a risk-based approach and follow both. Where Sumsub independently defines the compatible purposes or under the legal obligation, the personal data, including biometric data, will be destroyed after Sumsub’s purposes for collecting the biometric data have been satisfied (and one (1) year of the date the purpose for collecting the data expires for residents of Texas) or after five. This process involves the assessment of current and historical customer data, including transfers, withdrawals, and deposits, for discrepancies. This means conducting proper background checks, establishing ownership structure, and much more. Fluid Finance, a Fintech company headquartered in Geneva, has partnered with Sumsub, a global all-in-one verification platform, “to enhance user. We live in a time when the internet is assuming a massive role in our lives. Kriptomat is a licensed international cryptocurrency exchange where anyone can buy, store, sell, and. 61% market share. 82% in November 2022. The Mobile SDK mirrors our Web SDK and integrates with iOS, Android, and native plugins. When passing verification, you may see the following message: Usually this message means that your verification profile was rejected. Budget-wise, 55% spend between $1,000 and $10,000 per month on verification purposes, over 20% are setting aside between $10,000 and $100,000, and only 6% fall into the top spenders category, with verification financing going above $100,000. Online document verification is a set of procedures that ensures the validity, authenticity, and true ownership of documents provided by users. S. Thanks to Sumsub, Ari10 has significantly reduced fraud on their platforms. Help. This SaaS is a secret unicorn. Miami – February 21, 2023 – Sumsub, an all-in-one verification platform, today published its Complete Guide to Business Verification (KYB) for businesses in the fintech, banking, payment, crypto, e-commerce and gambling industries. Identical journeys for mobile and web users. Following. A. Learn why today protection beyond the KYC stage is more important than ever and how Sumsub has turned into one future-proof platform that provides a verification solution for the whole user journey. This claim comes from London-based identity solution provider Sumsub, which recently published a guide focusing on identity verification and its challenges in five emerging markets: Argentina. Come in, we’ll take you backstage of our decisions. Sumsub identity verification platform receives highest possible scores in criteria of market approach, delivery model, admin user management and commercial model London, January 18, 2023 — Sumsub, the all-in-one verification platform, was cited as a Strong Performer with the highest possible scores in four criteria in The Forrester Wave. Compare real user opinions on the pros and cons to make more informed decisions. 2. and resulted in a SOC 2 Type II report. About Sumsub . 19, 2023 /PRNewswire/ -- Sumsub, a full-cycle verification platform, today announces the release of For Fake's Sake, a set of models enabling the detection of deepfakes and. See All 14 Product Reviews. This strategic move comes in. Your Avis Expand for more information Log in You can also manage an existing booking using the link on the left, or call our Customer Services team on +353 21 428 1111. Sumsub was founded with money connected to certain Vlad P^tin allies. Sumsub is an identity verification platform providing a variety of automated and manual tools to companies from all over the world for onboarding their customers. Create verification flows based on user segment, risk level, and other parameters—code free. Learn more about Sumsub - use cases, approaches, & end results from real customers; read customer reviews including 126 testimonials, videos, and case studies. Only general usage statistics is sent to us. Pros: SumSub is easy to use, and they charge based on number of checks with no minimum, which makes it great for small startups who don't have the volume for other products. However, our internal data shows that most fraud. Sumsub enables code-free customization of each step of your verification process. Yes, that's their logo. See Sumsub in action. Sumsub’s platform lets. This process allows fintech companies to detect fraud and report it to authorities. Content manager. A. Company Registration Number: 09688671. The stats and bulk views aren't very effective. Compare real user opinions on the pros and cons to make more informed decisions. To solve these challenges, we are excited to announce our brand new fraud-proof mobile SDK module, which is built to boost your pass rates and make your users happy. Sumsub | 36,286 followers on LinkedIn. 1. Solution Architect (Current Employee) - London, OH - May 4, 2022. Sumsub Reviews 95 • Poor 2. Video KYC provider by Sumsub - verification interviews to onboard users in just 3-5 minutes ️Available 24/7 ️Speed up. The companies that funded SumSum are connected to scary Oligarch types who are Putin Allies. The document verification process ensures that documents aren’t stolen, forged, expired, or otherwise invalid. 86% in the UK, and 90. Leverage expert insights to enhance security and stay ahead of regulatory curve. Crypto. Participant in the financial transaction registered in the Sumsub system as an applicant. Sumsub Reviews 4. It’s much easier to stay compliant with the help of a third-party digital KYC service provider, like Sumsub. A. Sumsub has been ranked a Leader based on its high Customer Satisfaction Score and large Market Presence. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet. Non-Doc Verification is a compliant way to onboard customers in many regulations, including Australia, Canada, Cyprus, Hong Kong, Malta, Seychelles, South Africa, the British Virgin Islands, the UK,. Sumsub’s customers can now benefit from fast and efficient identity verification coupled with strong anti-fraud protection. All requests must contain the following headers: X-App-Token - an App Token that you generate in our dashboard; X-App-Access-Sig - signature of the request in the hex format and lowercase (see below) Sumsub. According to Sumsub reports, the number of deepfakes detected in Q1 2023 was 10% greater than all of 2022 combined. We interpret the usage data in order to improve Sumsub. With this launch, Sumsub is the first vendor to provide a holistic verification solution covering player onboarding, gaming-specific fraud prevention, and compliance. Register now. Verify user from the start with built-in KYC. Powering a people-friendly digital future. Get started. Sumsub, a full-cycle verification platform, today announces the latest advancements to its Global Database Verification solution, designed for businesses seeking reliable, efficient, and cost-effective user verification. All-in-one verification platform helps crypto businesses resolve compliance issues and adhere to expanding FATF regulations. Founded in 2015. Approval rates have also notably grown, reaching 70. Customer support. News & Statements. I am most proud of my work as the founding CMO of Sumsub. Sumsub's technology is flexible and allows us to rapidly implement a wide variety of use-cases. The engagements were performed by independent auditor BARR Advisory, P. #Applicant actions # Introduction Applicant actions are events that typically happen to an applicant that got approved, and don't reflect on his/her status. All news. Full-cycle verification platform in 220+ countries - The World’s 1st Compliance-as-a-Service Provider ️Highest pass rates on the market ️Trusted by 2000+ clients ️Book a free demo now! Sumsub centralized everything your compliance team needs in a single window. "Sumsub considers multiple factors, such as identity profile, onboarding data, transactions and account activity. With Sumsub’s customisable KYC, KYB, KYT, and AML solutions, you can orchestrate your verification process, welcome more customers worldwide, speed up onboarding, reduce costs and steer clear of digital fraud. Suspicious activity involves income from undeclared sources, the use of false social. Interview. With Sumsub, it now takes less than 1. App comparison. We are happy to share compliance advice and verification tips with our global audience and showcase best practices for gambling clients seeking to. 1% to 4. 64% in the US, 95. Only general usage statistics is sent to us. Some of the company's action I felt like they cherish their employees, because they actually spent money on them. Basically everything somebody would need to commit identity theft and fraud. Risk Assessment. Sumsub’s ID verification platform has three main features. 3. 0. MIAMI and LONDON, Nov. Sumsub is the one verification platform to secure the whole user journey. Their API's are straight forward, and their admin interface is effective. Sumsub, a full-cycle verification platform securing the whole user journey, announces the launch of its expert news site, called The Sumsuber. The company uses Sumsub for automated player verification using the following features: Thanks to Liveness, Sumsub’s advanced biometric check, the company can stop even the most sophisticated frauds. Enthusiasm. Having all of your critical personal information and identity documents exposed could be catastrophic. 7 95 total 33% 5% 3-star 0% 1% 1-star 61% Filter Sort: Most relevant SP Sara perez 1 review US Jul 2, 2022 Verified Where do I start. Without proper chargeback prevention, fraud can cost companies a fortune. Used daily 1-2 years. ”. Global service. 7 (64) Write a Review! How does this software stack up? Compare with Similar Software Save VIEW SCORECARD Comparing Sumsub ratings with its top. Sumsub is a leader in Proof of Address (PoA) checks, essential in crypto, trading, gambling, and other prominent digital industries. import SNSMobileSDK from '@sumsub/react-native-mobilesdk-module'; //. SumSub is a really good company to work for. Alternatives Considered: GlobalGateway and Jumio. Sumsub confirms that all personal data that is submitted to Sumsub is stored in the EU and/or, subject to national localisation requirements, in the respective country where such requirements exist. Chilli Partners onboarded Sumsub in June 2022, starting with just one casino. Sumsub found the perfect balance between service quality and user experience on the one hand and security and regulatory requirements on the other. (14 Ratings) Oz Liveness is a leading facial recognition and authentication software used by private and public organizations across the globe to lower the risk of biometric fraud by preventing deepfake and spoofing attacks with 100% accuracy. Sumsub has been ranked a Leader based on its high Customer Satisfaction Score and large Market Presence. 2021 year founded. Read employee reviews and ratings on Glassdoor to decide if Sumsub is. 31, 2023 /PRNewswire/ -- Sumsub, a global full-cycle verification platform, is launching a six-month free trial of its Travel Rule compliance solution. 3. Get started. Competitors: Unknown. MIAMI, March 2, 2023 /PRNewswire/ -- Sumsub, a global tech company that provides customizable KYC, KYB, AML and transaction monitoring solutions, has launched a Travel Rule solution for the crypto. Sumsub latest press releases, brand assets and media information An all-in-one KYC/AML service for preventing fraud and staying compliant. I liked M-Files because of the ability to organize company files in a secure location. | Sumsub is an all-in-one verification platform that secures every step of your customer's journey. Sumsub’s Travel Rule solution. Information Technology and Services. With over 2,000. Online Fraud Detection Gartner defines the OFD market as the market for solutions that detect and prevent. # /PRNewswire/ -- Today, Sumsub, a full-cycle verification platform to secure the whole user journey, announced it now supports 14K+ identity document types from. 5 Customer Support 4. Fraud Fighters. Cons. MIAMI and LONDON, Nov. When evaluating different solutions, potential buyers compare competencies in categories such. What we were looking for in a KYC partner was, first of all, an SDK that offers a KYC. See All 14 Product Reviews. Biometric identity verification verifies that personal data and ID documents are authentic. This protection is vital for companies providing both B2B and B2C solutions since they have to comply with Responsible Gambling regulations and take. Their API's are straight forward, and their admin interface is effective. 7 VERIFIED COMPANY sumsub. Sumsub. With Sumsub, your verification is not a black box. We guarantee a 99,9% api request pass rate and it’s fixed in our service agreement. This helps businesses to reduce risks of fraud and comply with regulations. Simple KYC checks are not enough anymore. Easy to get accustomed to: an interface that continues throughout the whole system. The Web SDK contains a ready-made widget you can add to your product right away. The stats and bulk views aren't very effective. Sumsub doubles run rate in 6 months, prepares to raise funds Sumsub Co-founder and Chief Technology Officer Viacheslav Zholudev confirmed plans to raised $80 million to $100 million in Series B funding on a YouTube show hosted by Nathan Latka. | Learn more about Jacob Sever's work experience,. The System and Organization Controls 2 audit, or simply SOC 2, verifies whether service providers, such as Sumsub, have sufficient. London, 14 September, 2022 – Jeton has partnered with Sumsub to create a better onboarding experience for its 1M+ users across 100 countries. Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, published its Complete Guide to Transaction Monitoring “to provide a detailed. CONS. Their API's are straight forward, and their admin interface is effective. Teammates are supportive and the management is transparent, excellent blend of people and cultures. This application provides you with a real-time. Client onboarding software (also known as “orchestrated customer onboarding software”) can be a KYC/AML platform like Sumsub, designed ensure that the user is who they claim to be and isn’t involved in any fraud or money laundering activity. Money is a leader in the CS:GO skin trading market with billions in gross merchandise volume, transactions, and over 100 employees. SEON. With Sumsub since May 2021. Select the country and document-type of the ID you wish to use. approval rate. Sumsub's team of dedicated experts are ready to share practical tips and consult on regulatory specifics worldwide, giving customers the technology and knowledge they need to thwart fraud. Sumsub’s EU representative is SUMSUB LTD - incorporated and registered in Cyprus with company number HE 405087. #Applicant actions # Introduction Applicant actions are events that typically happen to an applicant that got approved, and don't reflect on his/her status. 5. London, August 19, 2022 — Sumsub has been named a FrontRunner in Top Risk Management Software by Software Advice in its 2022 FrontRunners report. Inside, you’ll find: The use of digital ID technologies, alongside government databases, can substantially speed up the identity verification process in emerging countries. Sumsub at Consensus 2023: KYC for crypto in the age of compliance. 23 Oct, 2023, 14:00 CST. Sumsub One verification platform to secure the whole user journey Published Oct 2, 2023 + Follow Every month Sumsub’s compliance team prepares a single digest with all the latest news and. Good work environment where you can freely share your ideas. London, December 13, 2022 — Sumsub, a global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, today announced the release of a Total Economic Impact TM study by Forrester Consulting that shows benefits and costs of implementing Sumsub’s all-in-one. The company provides a web-based platform for converting customers, speeding up verification, reducing costs and detecting digital fraud. 09 Nov, 2023, 09:00 ET. On top of the easy and fast onboarding process, we also place an emphasis on upholding Sumsub’s top-notch security protocols. SumSub is a really good company to work for. I am most proud of my work as the founding CMO of Sumsub. With Sumsub’s customizable KYC, KYB, KYT, and AML solutions, you can orchestrate your. The company provides a web-based platform for converting customers, speeding up verification, reducing costs and detecting digital fraud. London, February 22, 2023 — Recognized for its outstanding work ensuring regulatory compliance and fraud prevention for Kriptomat, Sumsub has been shortlisted in the Technology Partner of the Year category at the 2023 ICA Compliance Awards. In September 2023, the EU Council approved the DAC8 Directive. 92. Moreover, features such as liveness and structured blocklists help us prevent most cases of fraud instantly. Often, users feel lost when. #{body} Object: Yes: An object representing transaction (see example). 98% in Brazil—while verifying users in less than 50 seconds on average. 7 95 total 33% 5% 3-star 0% 1% 1-star 61% Filter. About PismoSumsub, the global verification platform providing customisable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, announces the launch of its enhanced deepfakes detection technology into Sumsub’s liveness and deepfake detection solution. Streamline your decision-making process with an automated workflow and get the highest pass rates possible for all user groups, code-free. Onboard them all. The Sumsub's Fast-Fail feature informs the client immediately about any issues with their documents during the approval process, which is a significant improvement to our users’ experience. ) to check if they’re on sanctions lists, involved in money laundering/financial crime, and so on. With an eye on the dynamic changes impacting the global verification industry, Sumsub shifts its focus to. May 11, 2023 11:01 pm UTC, Rick Steves. We think sumsub. Business Verification. These Terms and Conditions, including any schedules, annexes or appendices thereto, shall govern the mutual relationship of the Service Provider and the Customer (hereinafter collectively referred to as the “Parties” or individually as a “Party“). Get free a demo. “KYC for the gaming industry: Europe. Hello everyone! This is Sumsub team and we’ve got some news for you! You probably noticed that for the last few weeks we haven’t posted any new videos about. Its AI-driven anti-fraud tools and in-house liveness technology make user onboarding fast yet secure, helping businesses scale to international markets with ease. 8 sec. Sumsub verifies millions of users from 220+ countries every month. Effortlessly tailor the visual aesthetics of your widgets to align with your customers' growing familiarity, all without the. The number of deepfakes. The Satisfaction ratings of Sumsub include Ease of Setup (91%), Quality of Support (96%), Ease of Use (95%) and more. Forrester TEI reports that Sumsub’s compliance efficiency improvements yield businesses $2. Overview. User Verification. The date and time (UTC) the transaction was created in the Sumsub system. Documentation. This process allows fintech companies to detect fraud and report it to authorities. Sumsub, an all-in-one verification platform, was named the best Software-as-a-Service provider at SiGMA Eurasia Gaming in Dubai. The company writes that while it works well with local documents, in some regions, verification can be streamlined further with the Sumsub. io teams up with Sumsub to streamline user onboarding and stay fully compliant with tightening crypto regulations. An award-winning marketing executive focused on growing revenue for enterprise B2B and science-based companies through best-in-class SaaS marketing. 2000+ Clients. Sumsub’s liveness technology looks to detect spoofing attempts during the KYC process, by ensuring users are physically present by collecting their face biometric data and then. 120+ employees. Sumsub achieves the highest conversion rates in the industry—91. And we are looking forward to releasing our card issuing program with an instant KYC process, so that any digital nomad can get their money quickly, even while in Fiji, Tanzania, or hiking through Norwegian mountains. import SumsubWebSdk from '@sumsub/websdk-react' # 2) Initialize WebSDK Make sure to use a newly generated accessToken for initialization and prepare accessToken expiration handler (usually it's just generating and using new accessToken) London, February 22, 2023 — Recognized for its outstanding work ensuring regulatory compliance and fraud prevention for Kriptomat, Sumsub has been shortlisted in the Technology Partner of the Year category at the 2023 ICA Compliance Awards. Fintech; 92% Approval Rate with Sumsub’s Advanced Character Recognition. 94% of reviewers rated Sumsub 5 or 4 stars, while 100% of users believe the. On top of automated registry lookups, money. Teammates are supportive and the management is transparent, excellent blend of people and cultures. Complete toolkit for customer onboarding and KYC & AML compliance. To optimize the process, companies use AML user screening software which decreases manual workload and speeds up user checks. Sumsub offers you the Responsible Gambling solution — real-time fraud protection for businesses running gambling projects, such as casino, sport betting, poker rooms, and so on. Sumsub has over 2,000. 7 Ratings Breakdown 5 48 4 ( 14) 3 ( 2) 2 ( 0) 1 ( 0) Secondary Ratings Ease-of-use 4. SaaS is a secret unicorn. The stats and bulk views aren't very effective. The rapid downfall of FTX, one of the biggest crypto exchanges in the world, has had a massive impact on global crypto markets, eliminating $30 billion in assets. One verification platform to secure the whole user journey | Sumsub is the one verification platform to secure the whole user journey. Its AI-driven anti-fraud tools and in-house liveness technology make user onboarding fast yet secure, helping businesses scale to international markets with ease. org, the median loss of fraud cases for victims is roughly $500. One verification platform to secure the whole user journey | Sumsub is the one verification platform to secure the whole user journey. We streamline your verification process with truly global coverage, generating higher approval rates even in emerging and unbanked jurisdictions. Sumsub | 32,372 (na) tagasubaybay sa LinkedIn. MIAMI, Sept. Sumsub is the first global firm to offer document-free verification services as part of a holistic compliance solution across the whole user journey. Sumsub identity verification platform receives highest possible scores in criteria of market approach, delivery model, admin user management and commercial model London, January 18, 2023 — Sumsub, the all-in-one verification platform, was cited as a Strong Performer with the highest possible scores in four criteria in The Forrester Wave. Used. As the first regulated compliance-as-a-service provider, Sumsub has a team of compliance experts ready to consult on regulatory specifics worldwide. Sumsub is an all-in-one verification platform that secures every step of the user lifecycle with customizable KYC, KYB, KYT, and AML solutions. Solution Architect (Current Employee) - London, OH - May 4, 2022. Andrew has been CEO at Sumsub since he co-founded the company in 2015. Sumsub (also known as Sum and Substance) is a company that develops an identity verification platform. “As our society continues to evolve and become more reliant on networks and data, companies like Sumsub are critical at providing the protection and. Sumsub’s proprietary liveness technology detects spoofing attempts while authenticating real users in seconds and ensures users are physically present by creating a 3D FaceMap which is continuously referenced for authorizing all future actions (transactions, logins, etc), the firm stated, adding that all businesses operating online are. Easy to use: authentication and sign-in can be done on one or on different devices. 19, 2023 /PRNewswire/ -- Sumsub, a full-cycle verification platform, today announces the release of its Responsible Gaming solution, the first automated solution by a leading. 64% in the US, 95. The API responds with a JSON payload (unless otherwise stated). And it’s not just because we can order new shoes from the bathroom or stream seven seasons of The Office in a row. 98% in Brazil—while verifying users in less than 50 seconds on average. SINGAPORE, Oct. 9, 2023 /PRNewswire/ -- Sumsub, a. This ranking highlights the world’s most innovative companies who are developing AI and. 2015. Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin). With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet. Sumsub, a global all-in-one verification platform, has partnered with TrueNorth, a prominent fintech software development business, to assist US and international banks in expanding to global markets and digitizing services. New solution enables gaming operators and platforms to cover the whole player lifecycle in full compliance. The cyprus company has what appears to be 20 plus shell holding companies. DAC8 expands the range of automatic exchange of information within DAC to include transactions and transfers pertaining to crypto assets and e-money by crypto-asset service providers. Advanced liveness proving: face depth estimation, 51+ microexpressions detection, and more. CONS. Sample of a user menu. A drone watching you. Sumsub has over 2,000 clients across the fintech, crypto, transportation, trading and gaming industries including Mercuryo, Bybit, Huobi, Unlimint, DiDi, Poppy and TransferGo. The stats and bulk views aren't very effective. The company got recognition for its. Subex Fraud Management. Global full-cycle verification provider, Sumsub, is among the innovation and growth leaders in Fraud Detection and Prevention (KYC) market research by Frost & Sullivan London — August 29, 2023Sumsub attained its SOC 3 report after an audit by BARR Advisory. The company plans to reach a customer base of 1,000 SMBs and enterprise clients early in 2021 with. Sumsub says the document subtype recognition will add five to 10 more seconds to the PoA verification. SumSub is easy to use, and they charge based on number of checks with no minimum, which makes it great for small startups who don't have the volume for other products. 5, 2023 /PRNewswire/ -- Sumsub, a full-cycle verification platform, today announces it has been named a Representative Vendor in the 2023 Gartner Market Guide for Identity Verification. Sumsub’s global clientele, based in over 200 different jurisdictions are able to meet financial requirements including FCA, CySec, MAS. According to Sumsub, a full cycle verification platform, the first half of 2023 saw a huge rise in deepfake cases worldwide, as compared to the second half of 2022. Sumsub CLO Tony Petrov says the company can complete full-cycle KYB verification in only 3 hours, with automated checks taking only 3 minutes. Sumsub achieves the highest conversion.