Sumsub

In 2024, consumers reported losing over $12.5 billion to #fraud—a staggering 25% increase from the previous year. But fraud isn’t just about financial loss. Save our checklist and read our new article 👉🏻 https://lnkd.in/eByJp73G to explore the most common fraud types, how they impact individuals and businesses, and what can be done to stay ahead of fraudsters.

Last week in Dubai, Sumsub made history at Dubai Lynx International Festival of Creativity—bringing home our first-ever medals in Creative Strategy!🏆 Not just in B2B, but across all brands, we’re beyond proud to announce: 🥉 Bronze in Corporate Purpose & Social Responsibility 🥈 Silver in Data & Analytics This recognition goes to our boldest project yet—Greenflag, a campaign shining light on the 627M+ people excluded from digital services. This is more than a win. It’s a signal that inclusion matters. That purpose-driven ideas can change the game. And that Sumsub is just getting started. #DubaiLynx #GreenflagNation #CreativeStrategy #AwardWinning Cloudfactory 🤝🏻 👏🏻

Sumsub is teaming up with Zenoo, a leading no-code onboarding and orchestration platform, to help financial institutions streamline compliance, reduce inefficiencies, and fight rising fraud risks. With this integration, Zenoo users can now: ✅ Detect and prevent fraud in real time with AI-powered verification ✅ Cut onboarding friction and improve conversion rates ✅ Stay compliant across jurisdictions with adaptive KYC/AML tools ✅ Safeguard users post-onboarding through continuous monitoring ✅ Activate all of this with zero code “The industry is weighed down by complexity – multiple tools, legacy platforms, and an inability to adapt quickly,” said Stuart W., CEO of Zenoo. “These are the very conditions that make KYC and AML ineffective. Our partnership with Sumsub is about changing the model – giving teams the ability to activate best-in-class technology instantly, with no code and no disruption.” Read the full story 👉 https://lnkd.in/dZUrgVqg #Fintech #Compliance #KYC #AML #FraudPrevention #NoCode #AI #Banking

What a week in São Paulo! 🇧🇷 Our team had an amazing time at SiGMA World Americas — meeting inspiring people, exploring the latest in iGaming and fintech, and sharing how our verification and compliance solutions help companies stay ahead. From insightful conversations to new partnerships (and yes, a bit of samba too), we’re leaving Brazil full of energy and ideas. Thank you to everyone who stopped by our booth — see you at the next SiGMA! #SiGMAAmericas #iGaming #Compliance

Is your onboarding ready for the UK’s 🇬🇧 digital shift? From June 1, over 4 million UK residents will no longer have physical proof of their immigration status as the UK government transitions to digital eVisas. These users will need a new way to be verified—without any documents. Introducing Sumsub’s UK Non-Doc Identity Verification, now live on our platform.  The only compliant and document-free method to remotely verify eVisa holders. ✅ Secure verification using biometrics and share codes ✅ Fully compliant with UK KYC/AML regulations ✅ Real-time identity validation to prevent fraud ✅ Smooth user experience to boost conversions The future of UK onboarding is paperless, so be ready before the deadline: https://lnkd.in/dPs44C2q #KYC #eVisa #IdentityVerification

It’s time for #AskSumsubers! This week, meet Stanislav Tyrnov, KYB Product Lead at Sumsub, who’s ready to unpack the world of business verification. Here’s what you can ask him: 1️⃣ What are business verification trends in 2025? 2️⃣ What happens if business verification is conducted improperly? 3️⃣ What are the main challenges companies face with the business verification procedure? If you have your own questions, don't hesitate to ask them in the comment.

Digital ID: Game-changer or ticking time bomb? Over 10 million users in Germany were exposed. In India, credentials were sold for $8. So… can we really trust digital identity? In the latest #WhatTheFraudPodcast, we dive into the future of digital identity with: 🎙️ Daniel Flowe, Head of Digital Identity LSEG (London Stock Exchange Group) 🎙️ Eddie Moxon-Garcia, Product Marketing Lead Sumsub Reusable, secure, real? Let’s find out. 🎧 Listen now https://lnkd.in/ebARrpue #DigitalIdentity #Verification #FraudPrevention

Fast, secure, and affordable — that’s the Zeam way 👏🏻 . From the very start, Zeam made it their mission to deliver real-time digital money services across African markets. But to make that happen, traditional onboarding wasn’t an option. That’s why Zeam chose Sumsub to power instant, automated, and scalable verification across their platform — supporting over 42,000 users (and counting) with <6s onboarding time and 95%+ first-pass rate. Read more 👉🏻 https://lnkd.in/dxyrfRd6 As Dr. Natia Zurashvili-Vasicek, Head of Compliance & Operations at Paytec, puts it: “With Sumsub, 90% of our users complete verification in under 6 seconds. This speed and efficiency allow us to scale rapidly across African markets while ensuring security and compliance remain top priorities.” We’re proud to support Zeam on their journey to reshape digital money management in Africa. #Fintech #IdentityVerification #KYC #Compliance #Zeam #Sumsub

Who's the main character here? Right — Bulldog Summy. Always equipped with a frisbee and an unbeatable verification flow. Fraudsters? Blocked. Compliance? Conquered. Vibes? Immaculate. #ThePowerOfOne #Sumsub

🚨PSA for bold brands: this is not your average sponsorship opportunity. What the Fraud Summit is where the fintech, crypto, and compliance worlds collide to take on the global fraudemic—and your brand deserves a front-row seat. Or better yet, the whole damn stage. Partner with Sumsub. Sponsor. Exhibit. Stand out. Own the spotlight in front of the sharpest minds in the game. Let’s make noise in Singapore this November. Join the rebel alliance 👉🏻 https://lnkd.in/d2JdRsfN #WTFSummit #Fintech #Crypto #EventPartner