Sumsub for Business 1.14

Sumsub positions itself as a global leader in verification services, focusing on streamlining the verification process for businesses and their users. Utilizing AI-driven tools and proprietary technologies, it offers innovative solutions including document-free verification and digital IDs.

The application delivers a real-time identity verification experience, ensuring that every step of the customer journey is secure. Sumsub’s all-in-one verification platform is designed to enhance the user experience while allowing businesses to implement tailored KYC, KYB, KYT, and AML solutions. This level of customization aims to facilitate global customer acquisition, accelerate onboarding, reduce operational costs, and mitigate the risks associated with digital fraud.

Adhering to the recommendations set forth by the Financial Action Task Force (FATF), which serve as the benchmark for AML and CTF regulations, Sumsub aligns its practices with both international standards and local regulatory requirements across jurisdictions such as FINMA, FCA, CySEC, MAS, and BaFin. Furthermore, as a pioneering compliance-as-a-service provider, Sumsub boasts a team of legal experts available for consultation on regulatory nuances worldwide.