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Foresite VS Sumsub

Compare Foresite VS Sumsub and see what are their differences

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Elegant user management, tailor-made for B2B SaaS featured
Contents:
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  2. » Videos
  3. » Reviews
  4. » Alternatives

Foresite logo Foresite

Foresite is a company that provides services related to cybersecurity and privacy management for your organization.

Sumsub logo Sumsub

One verification platform to secure the whole user journey
  • Foresite Landing page
    Landing page //
    2023-01-04
  • Sumsub Landing page
    Landing page //
    2022-10-30

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).

Foresite videos

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Sumsub videos

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How Sumsub KYC works

More videos:

  • Demo - Full-cycle business verification (KYB)
  • Review - The most flexible transaction monitoring solution (KYT)

Category Popularity

0-100% (relative to Foresite and Sumsub)

Foresite

Sumsub

Security & Privacy
48 48%
Security & Privacy
52% 52
Identity Verification And Protection
0 0%
Identity Verification And Protection
100% 100
Governance, Risk And Compliance
100 100%
Governance, Risk And Compliance
0% 0
Identity Verification
0 0%
Identity Verification
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Foresite and Sumsub

Foresite Reviews

We have no reviews of Foresite yet.
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Sumsub Reviews

  1. Hands down one of the best experiences with document verification. I have to go through this kind of checks on a weekly basis and sumsub is relatively fast and has a smooth interface that guides you through the whole process. Solid 5/7

    👍 Pros:    Super fast
Discover the Top 5 Identity Verification Providers in 2023
When it comes to capabilities, flexibility is a key selling point as it empowers organizations to align the identity verification service with their unique workflows, compliance needs, and risk appetite. Different vendors provide different levels of customizations, with ComplyCube and SumSub offering the most flexible and granular options in their respective online portals.
Source: www.techtimes.com

Social recommendations and mentions

Based on our record, Sumsub seems to be more popular. It has been mentiond 8 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Foresite mentions (0)

We have not tracked any mentions of Foresite yet. Tracking of Foresite recommendations started around Jul 2021.

Sumsub mentions (8)

  • Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
    After that you must complete secure KYC process (done via the SumSub company). Source: about 1 year ago
  • Binance p2p
    I didnt recieve my crypto from the p2p Transfer and its asking for me to do verification from sumsub.com. I have no idea what this website is but I filled out the verification and it says they are partnered with Binance. Source: over 1 year ago
  • Community discussion about Spectrum Finance $SPF token in this thread December 9th, 6 pm UTC — Please join!
    KYC and data storage could be done by a trusted third-party service called Sum and Substance. Source: over 1 year ago
  • Level 2 verification - document not approved / CS not replying
    It might be required to present proof of address for KYC, which you can learn more about here. The KYC procedure is handled by our partners at sumsub.com and they are the ones checking the validity of the document. Source: almost 2 years ago
  • Is there a way to verify my account with non-english IDs/ PoA?
    Updated the link with the source. Hope it helps. https://sumsub.com/. Source: about 2 years ago
View more

What are some alternatives?

When comparing Foresite and Sumsub, you can also consider the following products

LogicGate - The LogicGate platform empowers businesses to build agile enterprise process applications that deliver workflow automation and process efficiency

Onfido - Onfido is the data-driven platform for intelligent background checking.

Prevalent ThirdParty Risk Management - Prevalent ThirdParty Risk Management is an online service that offers cyber-attack security risk management for your company.

Veriff - Smart and scalable identity verification.

CyberGRX - The CyberGRX Exchange and dynamic assessment data and analytics help Enterprises and Third Parties cost-effectively identify, prioritize and mitigate risk.

Shufti Pro - Shufti Pro offers AI-based KYC and AML screening solutions empowered with biometric authentication.

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