The features we provide: Automated identity verification such us biometric facial recognition, motion capture and identity document verification; Application fraud detection including on-going name screening and risk scoring for false-positive, documents fake detection; Synthetic fraud detection; Customer return and retention triggers; Enhanced due diligence and random sampling with the agent assignment; Manage risky applications and track actions with a simple communication tool.

We increase conversion rates and give a chance to risky customers (applying risk scoring and fraud mitigation tools) where others just decline their applications.

For regulated institutions and fintechs: Speed to markets. More customers. Increase in conversion. Less drop off. Keep track of your compliance obligations.

For sponsoring regulated institutions (e-money issuers and bin sponsors): apply the platform to ensure your FinTech effectively complying with regulations and corporate policies.

Sumsub is the one verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.

Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin).