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. MIAMI — March 2, 2023 — Sumsub, a global tech company that provides customizable KYC, KYB, AML and transaction monitoring solutions, has launched a Travel Rule solution for the crypto industry, offering a full. The company got recognition for its. 8 Features. io teams up with Sumsub to streamline user onboarding and stay fully compliant with tightening crypto regulations. poa: Object: Applicant proof of address. This process allows fintech companies to detect fraud and report it to authorities. Begin your journey with Sumsub today. I interviewed at Sumsub in Sep 2023. Nathan Latka sat down with SumSub CTO. Sumsub, the global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, today announces the launch of its enhanced deepfakes detection technology into Sumsub’s liveness and deepfake detection solution. Content manager. LONDON, June 13, 2023 /PRNewswire/ -- Today, Sumsub transforms from a world-leading KYC. 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. 6. Sumsub matched our expectations with a comprehensive product line, trustworthy service, and 24/7 support. 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. Sumsub’s EU representative is SUMSUB LTD - incorporated and registered in Cyprus with company number HE 405087. Press “Continue on your phone” to switch to mobile using a QR code or a link. Additionally, it serves as a supplementary framework to recently enforced regulations on markets in. Cons. Only general usage statistics is sent to us. Sumsub’s compliance team has shared a free guide on KYB verification trends and best practices. share review. Sumsub, a global tech company offering customizable KYC, KYB, KYT, and AML solutions, today announced the successful completion of the System and Organisation Controls (SOC) 3 audit. At the beginning of 2022, approximately 15% of all verifications were automated. it could be a crypto transaction of an approved applicant or access to some resource using his face. Sumsub Reviews 4. Full-cycle verification platform in 220+ countries - The World’s 1st Compliance-as-a-Service Provider ️Highest pass rates on. Sumsub has 14 reviews with an overall average rating of 4. Business verification market size is expected to grow at a CAGR of 11. Sumsub report the top industry affected by fraud in the US was IT service for both 2022 and Q1 2023. The all-in-one verification platform has launched a new global program with options for Referral, Ecosystem and Technology partnerships. Fraud Fighters. MIAMI, Sept. poi: Object: Applicant proof of identity. Sumsub's KYT offers flexible settings for risk scoring, alerts and actions with simple role and task management. Their API's are straight forward, and their admin interface is effective. Sumsub General Information. Likelihood to recommend. Sumsub, a KYC, AML and transaction monitoring company, has launched a Travel Regulation solution for the crypto industry. 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. View Software. The stats and bulk views aren't very effective. Type: Company - Public. 86% in the UK, and 90. Moreover, features such as liveness and structured blocklists help us prevent most cases of fraud instantly. Using the SDK builder's . It includes screen navigation events, UI controls interaction events and so on. 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. In recent years, Singapore has seen a sharp rise in digital assets and. Address verification determines the legitimacy of a customer’s residence. 98% in Brazil—while verifying users in less than 50 seconds on. None of the data is sold or transferred to third parties, and we don't. An award-winning marketing executive focused on growing revenue for enterprise B2B and science-based companies through best-in-class SaaS marketing. 2021 year founded. The top three of Sumsub’s competitors in the Identity Verification And Protection category are AWS Secrets Manager with 15. London, July 12, 2022 — Sumsub today announced it has launched its identity verification solution on Salesforce AppExchange, empowering customers to smoothly onboard and verify their global users. Beyond KYC: the Future of Verification Has Already Come. Fintech; 92% Approval Rate with Sumsub’s Advanced Character Recognition. Verification. Self-Service. 1 2 3. As Sumsub's Chief of Innovation, responsible for delivering innovative solutions for compliance, anti-fraud, and verification challenges. We also rely on Sumsub regarding personal data storage, which is a sensitive topic for many. Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin). 20, 2023 /PRNewswire/ -- Sumsub, a full-cycle verification platform, today announces the latest advancements to its Global Database Verification solution,. Sumsub can also contact the counterparty VASP not bound to any legal arrangements with Sumsub and not using any of the supported protocols via email. The company offers a platform that allows businesses to verify users, businesses, and transactions, manage cases, and deter fraud, all from a single dashboard. ID verification and AML screening provider Shufti Pro has announced its platform can now process face authentication in 5 seconds, down from 30 seconds. An award-winning marketing executive focused on growing revenue for enterprise B2B and science-based companies through best-in-class SaaS marketing. Read all reviews. It includes screen navigation events, UI controls interaction events and so on. It also allows AML (Anti Money. 120+ employees. 94% of reviewers rated Sumsub 5 or 4 stars, while 100% of users believe the platform is headed in the right direction. | Sumsub is an all-in-one verification platform that secures every step of your customer's journey. We streamline your verification process with truly global coverage, generating higher approval rates even in emerging and unbanked jurisdictions. Sumsub | 33,132 followers on LinkedIn. This process is a critical aspect of compliance requiring age verification for access to gaming platforms. 5 minutes) 24/7 availability, fast response times, and high quality of support. Alternatives Considered: GlobalGateway and Jumio. Sumsub has introduced a feature enabling companies to create user identity verification workflows tailored to particular triggers and risk scenarios to enhance its suite of digital ID and know-your-customer (KYC) solutions. Sumsub is an identity verification platform that provides an all-in-one technical and legal toolkit to cover KYC/AML needs. LONDON, Aug. What is Sumsub?. Sample of a user menu. Onboard them all. scoringResult: Object: Overall scoring result. AML (anti-money laundering) screening checks customers using multiple types of sources (sanctions, PEPs lists, etc. Through For Fake's Sake, users will be able to estimate how likely an uploaded image was created artificially. Some of the company's action I felt like they cherish their employees, because they actually spent money on them. The date and time (UTC) the transaction was created in the Sumsub system. Approval rates have also notably grown, reaching 70. 86% in the UK, and 90. Verifying each applicant now takes around 30 seconds instead of 10 minutes. The verification flow works the same way for both CopyBet’s mobile- and app interfaces. was lost to identity fraud, with fraudsters coming up with new methods every day. Sum and Substance claim to be headquartered in London, but their office just leads back to an owner in Cyprus (the homeland of dark money from Ru and Ukraine (such as B. Open the applicant profile. 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. 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. Trusted users can onboard faster while risky groups go through extra checks. Talk to our advisors to see if Sumsub is a good fit. How to use the Sumsub Mobile SDK. Additionally, it serves as a supplementary framework to recently enforced regulations on. Solution Architect (Current Employee) - London, OH - May 4, 2022. The transaction details may vary depending on. We are happy to share compliance advice and verification tips with our global audience and showcase best practices for gambling clients seeking to. London-based identity verification firm Sumsub has incorporated enhanced deepfake detection technology into its existing biometric liveness detection solution. The stats and bulk views aren't very effective. Sumsub achieves the highest conversion rates in the industry—91. SumSub is a really good company to work for. MIAMI, Aug. The round, led by Cyprus-based MetaQuotes, the major software provider for. A. It monitors transactions in accordance with specified parameters and identifies unusual patterns in money transfers. “This recognition from G2 highlights our team’s constant commitment to delivering the best product and support to our clients across various industries, including fintech, banking, gambling and more. Andrew has been CEO at Sumsub since he co-founded the company in 2015. About Sumsub . 4 Customer Service 4. Cons: The stats and bulk views aren't very effective. Sumsub 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. Sumsub acts only as a data processor. MIAMI, Oct. Sumsub achieves the highest conversion. and resulted in a SOC 2 Type II report. Verify faster. CONS. Their team is effectively an extension of our internal compliance team. Sumsub’s IDV and fraud prevention solution offers functionality similar to many companies on this list. Pros. 98% in Brazil—while verifying users in less than 50 seconds on average. The stats and bulk views aren't very effective. MIAMI, June 22, 2023 /PRNewswire/ -- Sumsub, the global verification platform providing customizable KYC, KYB, transaction monitoring, and AML solutions for the whole customer journey, today. 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. me with 11. Sumsub has over 2,000. Stay compliant anywhere. Report. Sumsub’s solution is integrated using Mobile- and Web-SDK functionality. Sumsub partnership will strengthen YouHodler’s already top-tier KYC/AML process. Interview. SumSub is a really good company to work for. The. Oraz Kereibayev. colorPrimaryVariant: A variant of the primary color, used to. 92%, LifeLock with 6. This has helped businesses stay fraud-free during the onboarding stage, scale-up, and stay AML compliant, while offering seamless user experience. SumSub es una plataforma de verificación de identidad y cumplimiento de regulaciones Anti-Money Laundering (AML) y Know Your Customer (KYC), que ayuda a las empresas y usuarios a prevenir fraudes y asegurar la protección de datos personales. A user-friendly flow and strong anti-fraud protection makes Sumsub more. 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. 10, 2023 /PRNewswire/ -- Sumsub. 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. 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 document verification process ensures that documents aren’t stolen, forged, expired, or otherwise invalid. Global service. The SDK uses a material components theme for widgets. Sumsub launches "For Fake's Sake", a set of publicly accessible models to expose AI-generated content amid ever-evolving deepfake fraud. 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, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, today published its Complete Guide to Transaction Monitoring to provide a detailed picture of transaction monitoring as an integral part of the verification system. Used daily 1-2 years. 7 VERIFIED COMPANY sumsub. Features. Learn how real users rate this software's ease-of-use, functionality, overall quality and customer support. 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. 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. Capital. Company Registration Number: 09688671. 64% in the US, 95. Compare real user opinions on the pros and cons to make more informed decisions. Tempo France has partnered with Sumsub to stay fully compliant with regulations and offer its global customers a seamless onboarding experience London, 15 December, 2022 – Tempo France, a Paris-based money transfer company, has partnered up with Sumsub, a global all-in-one verification platform to effectively verify users,. 3 (13) Persona. 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. Pros:. Be ready to work hard but enjoy the people you work with!Co-Founder and CEO at Oobit. November 8,. 5 Customer Support 4. 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. Focus your attention on corner cases. CONS. Information Technology and Services. Crypto. 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. 86% in the UK, and 90. Incentivized Review. Get a custom price. g. Advanced liveness proving: face depth estimation, 51+ microexpressions detection, and more. Sumsub joins the ranks of YouHodler’s already high-level KYC/AML tools to enforce its industry-best wallet and. Sumsub achieves the highest conversion rates in the industry—91. MIAMI – April 11, 2023 – Sumsub, a global tech company that provides customizable KYC, KYB and AML solutions for the whole user journey, today published its Complete Guide to Transaction Monitoring to provide a detailed picture of transaction monitoring as. 6 min read. I hate these kinds of verifications. Sumsub | 33,325 followers on LinkedIn. Their API's are straight forward, and their admin interface is effective. Why use our OCR technology. 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 conversation. 23 Oct, 2023, 14:00 CST. Sumsub today announces the launch of its enhanced deepfakes detection technology into Sumsub’s liveness and deepfake detection solution. levelName: String: No: Level name to create a new applicant. I am most proud of my work as the founding CMO of Sumsub. (75 Ratings) Powerful, all-in-one identity verification, fraud prevention, and compliance platform. 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. The company plans to reach a customer base of 1,000 SMBs and enterprise clients early in 2021 with. Sumsub prepared a Complete Guide to Business Verification (KYB) to help companies build their KYB process efficiently. Easy to get accustomed to: an interface that continues throughout the whole system. 10 Aug, 2023, 09:00 ET. Previous page. You also have to provide a unique and meaningful userId query parameter. New solution enables gaming operators and platforms to cover the whole player lifecycle in full compliance. They also saw a 45% increase in single trips for their one-time users, which is a very satisfying result. Global identity verification leader announces new positioning strategy to redefine its role in the market. Sumsub announces new positioning strategy to redefine its role in the market. Sumsub, a prominent player in the anti-fraud industry, continues to strengthen its position, announcing the launch of an enhanced deepfakes detection tool. The websites contain other trademarks, logos, and slogans presented not owned by Sumsub that are the property of their. Sumsub | 32,372 (na) tagasubaybay sa LinkedIn. Senior finance executive. CEO at MyMove. 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. 86% in the UK, and 90. Founded in 2016, CS. Good work environment where you can freely share your ideas. 9, 2023 /PRNewswire/ -- Sumsub, a. According to Sumsub’s reports, the number of deepfakes. This is vital for businesses who want to expand into new markets and territories. Both their apps (iOs and Android) are built on a React Native software framework, for which Sumsub has a ready-made module. Sumsub today announced the. Sumsub at Consensus 2023: KYC for crypto in the age of compliance. 98% in Brazil. To optimize the process, companies use AML user screening software which decreases manual workload and speeds up user checks. Verification. 3. How alternatives are selected. 8 sec. Responding to this growing threat of identity fraud, the company made major. We help to build simple yet precise verification processes with highest pass rates staying compliant with the country and industry requirements. Nov 17, 2023. 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. Sumsub achieves the highest conversion rates in the industry—91. 0. Trading user verification solution for Broker Dealers by Sumsub - 30 secs average verification time ️20+ certified legal experts ️1 hour integration time ️Book a free demo now!MIAMI, Nov. They have the following hiring process for the position: HR screening - Hiring Manager Interview. Verify user from the start with built-in KYC. 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. Currently pursuing a Masters degree in Film Theory. tags: List of String-s: Transaction tags. SINGAPORE, Oct. Our mission. The checks and their sets are easily customizable to generate countless tailored verification flows for any. Email address. Esta solución de software tiene como objetivo simplificar el proceso de verificación,. Sergey Fedorov. Help. Used. 0. Sumsub’s global clientele, based in over 200 different jurisdictions are able to meet financial requirements including FCA, CySec, MAS. Register now. Data Protection Registration Number: ZA222205. Name Type Required Description; externalUserId: String: Yes: An applicant ID on the client side. Best, Sumsub Team. Sumsub found the perfect balance between service quality and user experience on the one hand and security and regulatory requirements on the other. Sumsub collaborates with TrueNorth to digitally revolutionize global banking. Sumsub has raised $6 million in Series A funding to develop its all-in-one, biometrics and AI-powered identity verification and compliance risk management toolkit, expand into new markets and sign up more tier-one enterprise customers. Create verification links that you can easily share with your users, code-free. Revenue: Unknown / Non-Applicable. 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. + players protected worldwide ️75%+reduction of duplicate accounts ️Book a free demo now!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. E. By focusing on constant testing of new demand generation programs, infused with human-first community. 7 (64) Write a Review! How does this software stack up? Compare with Similar Software Save VIEW SCORECARD Comparing Sumsub ratings with its top alternatives Sumsub by Sumsub Ondato by Ondato ComplyCube by ComplyCube Verify 365 by Verify 365 OVERALL 4. CONS. Without proper chargeback prevention, fraud can cost companies a fortune. Sumsub Reviews 4. Daria Dubinina. It states that Sumsub satisfies. Cons. 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. Compliance is key for onboarding new customers, no matter where the business is located. Before implementing Sumsub, we faced challenges with a time-consuming and labor-intensive manual verification process that resulted in delays in customer onboarding and complicated risk decisions. The AIFinTech100 list has been launched by FinTech Global after rigorous research of over 2,000 companies. and honestly their logo is creepy as can be. Experts from Sumsub and Pismo offer practical insights on setting rules for transaction monitoring and handling its typical challenges. Sumsub has been ranked a Leader based on its high Customer Satisfaction Score and large Market Presence. Verify in gradual steps and keep things simple with doc-free verification and instant KYC. Add up to 4 apps below to see how they compare. 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. 98% in Brazil—while verifying users in less than 50 seconds on average. Here’s how much they’ve blocked in fraudulent transactions: 2021: 4,86 million USD; 2022: 9 million USDSumsub achieves the highest conversion rates in the industry—91. 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. Software Advice is a leading online. With Sumsub’s customizable KYC, KYB, KYT, and AML solutions, you can orchestrate your. Create verification flows based on user segment, risk level, and other parameters—code free. Sumsub’s customers can now benefit from fast and efficient identity verification coupled with strong anti-fraud protection. All-in-one technical and legal toolkit to cover KYC/AML needs | Sumsub is an all-in-one suite for identity verification, fraud prevention, and KYC/AML compliance. Yes, that's their logo. Fraudhi is an all-in-one crypto exchange and next-gen mobile banking platform. 4. Onboard clients properly, worldwide. Popular Comparisons. Kriptomat is a licensed international cryptocurrency exchange where anyone can buy, store, sell, and. The companies that funded SumSum are connected to scary Oligarch types who are Putin Allies. Help businesses expand compliantly. 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. approval rate. A passionate writer with strong interest in storytelling. (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. Easy to understand: simple instructions are given in a friendly manner. Get the power to verify over 14 000+ kinds of documents issued in 220+ countries and territories. Brought new category companies into the market (Monite, Bill. LONDON and MIAMI, July 6, 2023 /PRNewswire/ -- Gate. Download our app today and take control of your identity. . 2000+ Clients. Anti-fraud; Oct 16, 2023; 3; min readAML Transaction Monitoring Rules & Scenarios 2023. 7 VERIFIED COMPANY sumsub. # /PRNewswire/ -- Today, Sumsub, a full-cycle verification platform to secure the whole user journey, announced it now supports 14K+ identity document types from. Oraz Kereibayev. Who are Sumsub. org, the median loss of fraud cases for victims is roughly $500. Sumsub’s Travel Rule check is part of our transaction monitoring solution. 9, 2023 /PRNewswire/ -- Sumsub, a full-cycle verification platform, today announces the first integrated solution for user verification, anti-fraud and compliance in gaming. Financial statements preparation, review and. Explore ratings, reviews, pricing, features, and integrations offered by the. With worldwide coverage, adjustable verification criteria, extensive analytics, and case management tools, you can streamline your verification. withTheme () method, provide a theme with the following attributes: Color attributes: colorPrimary: A primary color for the app, often used for the app bar and other prominent UI elements. 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. The System and Organization Controls 2 audit, or simply SOC 2, verifies whether service providers, such as Sumsub, have sufficient. Sumsub is an all-in-one technical and legal toolkit for KYC/AML needs. 2015. Chilli Partners onboarded Sumsub in June 2022, starting with just one casino. However, our internal data shows that most fraud. I used M-Files to. It can be an external user ID in your system, or an email address. Setup. When evaluating different solutions, potential buyers compare competencies in categories such. A. 9, 2023 /PRNewswire/ -- Sumsub, a full-cycle verification platform, today announces the first integrated solution for user verification, anti-fraud and compliance in gaming. Sumsub successfully completed its SOC 2 Type 1 examination, which was proctored by independent auditor BARR Advisory, P. 86% in the UK, and 90. Top Competitors and Alternatives of Sumsub. FAQ. 98% in Brazil—while verifying users in less than 50 seconds on average. Tailor verification flows to particular regions for equally high pass rates—even within emerging markets. The HR screening consisted of 4 questions which I sent by email. LONDON and MIAMI , Oct. 7 95 total 33% 5% 3-star 0% 1% 1-star 61% Filter. Scroll down to the Settings for websites and then tap Camera. SumSub launched in 2012 as a successful business that pivoted into the AML and KYC verification space in 2018, providing a global solution for a highly regulated issue. 2. To stay protected from fraud, companies need to perform checks along the whole user. Sumsub latest press releases, brand assets and media information An all-in-one KYC/AML service for preventing fraud and staying compliant. In September 2023, the EU Council approved the DAC8 Directive. Thanks to Sumsub, Kaizen Gaming could significantly boost onboarding automation. Automated Customer Onboarding by Sumsub 🔒 Set up your verification logic Trigger the right. 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. A drone watching you. 8 (4) Unsure of what to choose? Check Capterra to compare ComplyAdvantage and Sumsub based on pricing, features, product details, and verified reviews. A. 10 years of working experience with expertise related to the IT. Their API's are straight forward, and their admin interface is effective. Answer See 1 answer. Sumsub says the document subtype recognition will add five to 10 more seconds to the PoA verification. Jun 13, 2023. Likelihood to recommend. High verification speed (ID and DL check within 3. In 2021, $56 bln. Sumsub (also known as Sum and Substance) is a company that develops an identity verification platform. Solution Architect (Current Employee) - London, OH - May 4, 2022. 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. 5+ mln accounts created. London, September 20, 2022 — Sumsub, an all-in-one verification platform, today announced it created a tool to help online gambling platforms calculate potential fraud-related losses during the 2022 World Cup. Sumsub can exchange the required data about the Beneficiary and Originator via the most secure protocols in the market. Identical journeys for mobile and web users. 7 Ratings Breakdown 5 48 4 ( 14) 3 ( 2) 2 ( 0) 1 ( 0) Secondary Ratings Ease-of-use 4. Sumsub's methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin). The audit was supervised by BARR Advisory, P.