Sumsub
Overview
Sumsub is a KYC (Know Your Customer) and AML (Anti-Money Laundering) compliance platform used by crypto exchanges, fintech companies, and other regulated businesses. It provides identity verification, document authentication, liveness checks, and ongoing transaction monitoring.
Automation and Accuracy
Sumsub uses AI and machine learning to automate the verification process, reducing onboarding time to under a minute in many cases. The platform supports over 6,500 document types from more than 220 countries.
AML Screening
It also offers AML screening against global watchlists and sanctions lists. Sumsub is known for its high accuracy and customizable workflows.
Integration and Purpose
Businesses integrate Sumsub via API or SDK. Pricing is based on verification volume. Sumsub helps crypto companies meet regulatory requirements while maintaining a smooth user experience. It is a leading provider in the compliance space.