Sumsub is a comprehensive verification platform designed to adapt to your specific requirements. Its KYC solution encompasses various features, including identity verification, database checks, biometric authentication, address verification, and anti-money laundering (AML) screening. The platform employs its proprietary Liveness and Deepfake detection technology to combat fraudulent identities.
With Sumsub’s AI-powered safeguards and flexible solutions for KYC, KYB, AML, Transaction Monitoring, and Fraud Prevention, you can streamline your verification processes, expand your customer base globally, comply with regulatory standards, cut costs, and safeguard your business against fraudulent activities.
Sumsub boasts impressive industry-leading conversion rates—91.64% in the US, 95.86% in the UK, and 97.89% in Hong Kong—while completing user verifications in an average of under 50 seconds.
The company’s approach adheres to the Financial Action Task Force (FATF) guidelines, which set the global benchmarks for AML/CTF regulations, as well as local compliance obligations, including those from FINMA, FCA, CySEC, MAS, and BaFin.