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Sumsub VS VeraCrypt

Compare Sumsub VS VeraCrypt and see what are their differences

ComplyCube
Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance. featured
Contents:
  1. » Base Details
  2. » Videos
  3. » Reviews
  4. » Alternatives

Sumsub logo Sumsub

One verification platform to secure the whole user journey

VeraCrypt logo VeraCrypt

VeraCrypt is a free open source disk encryption software for Windows, Mac OSX and Linux.
  • 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).

  • VeraCrypt Landing page
    Landing page //
    2018-09-29

Sumsub

Website
sumsub.com
Pricing URL
Official Sumsub Pricing
$ Details
paid Free Trial
Platforms
iOS Android Web REST API
Release Date
2015 January
Edit details

VeraCrypt

Website
veracrypt.fr
Pricing URL
-
$ Details
-
Platforms
-
Release Date
-
Edit details

Sumsub videos

+ Add

How Sumsub KYC works

More videos:

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

VeraCrypt videos

+ Add

The Complete VeraCrypt Encryption Tutorial

More videos:

  • Review - Veracrypt Get Started Guide: Encryption Made Easy
  • Review - FLOSS Weekly 340: VeraCrypt

Category Popularity

0-100% (relative to Sumsub and VeraCrypt)

Sumsub

VeraCrypt

Identity Verification And Protection
100 100%
Identity Verification And Protection
0% 0
Security & Privacy
18 18%
Security & Privacy
82% 82
Identity Verification
100 100%
Identity Verification
0% 0
Encryption
0 0%
Encryption
100% 100

User comments

Share your experience with using Sumsub and VeraCrypt. For example, how are they different and which one is better?
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Reviews

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

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

VeraCrypt Reviews

6 TrueCrypt Alternatives for Reliable Data Encryption
VeraCrypt owners built the tool from an earlier TrueCrypt fork, but more recent releases broke with the TrueCrypt volume format, which means the encryption software cannot open existing TrueCrypt encrypted files. Built with the same features and interface as TrueCrypt—which significantly reduces onboarding time—the software was improved with increased iterations per...
Source: technologyadvice.com
Best encryption software of 2020 : Free, paid and business tools and services
Best encryption software tools(Image credit: Folder Lock)1. Folder LockVISIT WEBSITEFree to download basic versionEffective personal encryptionMainly mobile oriented(Image credit: AxCrypt)2. AxCryptVISIT WEBSITEStrong encryption for personal useFree version availableMainly mobile-oriented(Image credit: CryptoExpert)3. CryptoExpertVISIT WEBSITEUses multiple encryption...
Source: www.techradar.com
Best Disk Encryption Software – the 5 top tools to secure your data
VeraCrypt is a fork of TrueCrypt and is widely considered its successor. It performs all of the same functions as TrueCrypt and then some. VeraCrypt adds security to the algorithms used for system and partitions encryption. These improvements make it immune to new developments in brute-force attacks, according to developers. You can find a full list of improvements and...
Source: www.comparitech.com
5 Best TrueCrypt Alternatives - Open source encryption apps
A notable feature of VeraCrypt is that any file, for example, an innocent-looking photo file, can be used as the container for a VeraCrypt volume. Even more notable is its hidden volume feature which provides plausible deniability. It does this by hiding an encrypted volume inside another VeraCrypt volume in such a way that, if the correct precautions are taken, it is...
Source: proprivacy.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.

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

VeraCrypt mentions (0)

We have not tracked any mentions of VeraCrypt yet. Tracking of VeraCrypt recommendations started around Mar 2021.

What are some alternatives?

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

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

Cryptomator - When it comes to saving your files on a cloud server, it is important to ensure the security of those files. Keeping your delicate files out of the wrong hands can save you a lot of time and hassle. Read more about Cryptomator.

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.

Microsoft BitLocker - BitLocker is a full disk encryption feature included with Windows Vista and later.

Veriff - Smart and scalable identity verification.

Axcrypt - AxCrypt - Password Protect Files With Strong Encryption. AxCrypt is the leading open source file encryption software for Windows.

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