Fraud Prevention
Email:
Founded:
2015
Headquarters:
30 Saint Mary Axe - Swiss Re, Saint Mary Axe, London EC3A 8BF, England, UK
Over 2,500 clients globally, including Finastra, Crassula, Binance, Mercuryo, Bybit, Huobi, Unlimint, DiDi, Poppy, and TransferGo, across industries such as fintech, crypto, transportation, trading, e-commerce, and gaming.
AI-Powered Anomaly Detection
Behavioral Biometric Analysis
Device Fingerprinting
Real-Time Transaction Monitoring
Multi-Factor Authentication (MFA)
METHODS
Account Takeover Prevention
Multi-Accounting Prevention
Payment Fraud Protection
Bonus Abuse Prevention
Responsible Gambling Monitoring
TYPES
Identity Verification (KYC)
Address Verification
Anti-Money Laundering (AML) Screening
Face Authentication
Transaction Monitoring
SERVICES
Trusted by:
Company Overview
Gartner has named Sumsub the Leader in the 2024 Magic Quadrant for Identity Verification, positioning the company highest for Ability to Execute in the Leaders quadrant. Founded only a decade ago, the company’s comprehensive platform is trusted by over 2,500 businesses worldwide, including a solid roster of 200+ iGaming operators
such as Kaizen Gaming, Duelbits, Pinnacle, and BetConstruct. Sumsub's streamlined onboarding process reduces
client verification times to as little as 30 seconds, ensuring a seamless customer experience while maintaining the
highest compliance standards. Headquartered in London, Sumsub operates offices across key global cities, including
Singapore, Berlin, Limassol, Dubai, Miami, and Tel Aviv. The company has experienced remarkable growth, with its
workforce now exceeding 500 employees. Its revenue is projected to grow by over 100% in 2024, reflecting its strong
market presence and innovative capabilities. The company raised $30 million in Series B funding in December of
2022 in a round led by Flint Capital. Its series A raised $6M and was led by MetaQuotes.
Key Features
ID Verification: Authenticates government-issued identification documents to confirm user identities.
Liveness Detection: Utilizes facial recognition technology to prevent identity fraud.
Biometric Checks: Conducts biometric analyses to verify users' identities.
KYB (Know Your Business): Performs registry screening, UBO verification, and AML watchlist screening for corporate entities.
Transaction Monitoring: Analyzes real-time transaction data to detect suspicious activities.
AI-Powered Fraud Prevention: Uses machine learning algorithms to identify and block fraudulent behaviors.
Document Authentication: Detects forged documents by analyzing stamps, fonts, and holograms.
AML Screening: Screens users against global watchlists, including sanctions and politically exposed persons (PEP) lists.
Ongoing Monitoring: Continuously tracks user activity for changes that may indicate risk.
Customizable Workflows: Allows businesses to tailor verification processes to meet compliance needs.
API Integration: Provides seamless integration with existing platforms for verification and fraud prevention.
Regulatory Compliance: Ensures adherence to KYC/AML regulations across multiple jurisdictions.
Case Management: Offers a centralized dashboard for handling AML investigations and reporting.
User Behavior Analysis: Monitors behavioral patterns to detect potential fraud risks.
Face Authentication: Leverages facial recognition for enhanced security in transactions.
Seamless Onboarding: Speeds up user verification while ensuring compliance and fraud prevention.