About Sumsub
Sumsub is a verification software from Sum&Substance that provides identity verification and compliance solutions. It combines document verification, facial recognition, and anti-fraud checks so businesses can meet regulatory requirements and manage risks effectively. The platform operates across various industries, ensuring that companies can verify their customers' identities while staying compliant with local laws and regulations. Sumsub also supports real-time monitoring and customized verification workflows to cater to specific business needs. Key capabilities: document analysis biometric verification risk assessment user onboarding compliance management Best for: financial institutions and online service providers that need efficient identity verification and KYC compliance.
Sumsub by Sumsub is a comprehensive identity verification and anti-money laundering (AML) software designed to meet the evolving compliance needs of businesses across multiple industries. With a focus on preventing fraud and ensuring regulatory compliance, Sumsub offers a wide range of features that streamline the verification process for both users and businesses. These features include user verification, business verification, transaction monitoring, fraud prevention, AML screening, and ongoing risk monitoring. The platform’s ability to provide fast and accurate verification while complying with global regulatory requirements makes it a valuable tool for businesses operating in sectors where compliance is paramount, such as finance, e-commerce, gaming, and online marketplaces. One of the standout elements of Sumsub is its user-friendly interface. The software is intuitive and easy to navigate, with a dashboard that is well-organized and designed to provide easy access to its various functionalities. The platform's design ensures that users with varying levels of technical expertise can efficiently use it, whether they belong to small businesses or large enterprises.
Pros & Cons
- +• Sumsub offers a comprehensive suite of AML compliance solutions that include KYC, KYB, AML screening, transaction monitoring, and fraud prevention.
- +• It adheres to international standards and local regulations to ensure compliance with AML/CTF rules.
- +• Sumsub is user-friendly and easy to integrate with your existing systems.
- +• The platform is feature-rich, offering a variety of identity verification options, fraud detection capabilities, and workflow management tools.
- +• Sumsub's pricing is affordable for businesses of all sizes, especially startups with low verification volumes.
- +• The customer support team is responsive and helpful, providing assistance 24/7.
- −• Sumsub's reporting features could be more detailed and comprehensive to provide a deeper understanding of compliance data.
- −• Some users have reported minor technical issues such as bugs and processing speed problems.
- −• Sumsub may not be the best choice for businesses with highly complex compliance requirements, as it may lack certain features or customization options.
- −• The platform currently does not offer business card verification, although this feature is planned for future development.
- −• Sumsub may not be suitable for businesses that need to screen company names against sanction lists apart from the full KYB process.
- −• Some users have found the explanation of certain features insufficient, leading to misunderstandings.
Features
Key features
- • User Verification
- Verify users worldwide through ID verification, liveness and face match, document verification and more.
- • Business Verification
- Streamline business verification flow to welcome more companies.
- • Transaction Monitoring
- Detect suspicious activity in user transactions to prevent fraud.
- • Fraud Prevention
- Utilize advanced ML algorithms to tackle fraud at every user interaction.
- • Orchestration
- Orchestrate identity verification checks throughout the customer journey.
Additional features
- • Onboarding Orchestration
- Manage user onboarding process with various checks.
- • Ongoing Monitoring
- Monitor users continuously for suspicious activities.
- • AML Screening
- Screen users against Anti-Money Laundering (AML) lists.
- • Non-Doc Verification
- Verify users with just an ID number or through a tap on a bank or government app.
- • Integrations
- Integrate Sumsub with various platforms to maximize pass rates.
- • Web and Mobile SDKs
- Integrate Sumsub verification into your web or mobile applications.
- • Customization
- Customize KYC document screening to fit your specific needs.
Pricing
Monthly plans
Basic Plan
USD 1.35
Compliance Plan
USD 1.85
Countries & Languages
Available in
Interface languages
Billing currencies
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About Sumsub
Sumsub is a verification software from Sum&Substance that provides identity verification and compliance solutions. It combines document verification, facial recognition, and anti-fraud checks so businesses can meet regulatory requirements and manage risks effectively. The platform operates across various industries, ensuring that companies can verify their customers' identities while staying compliant with local laws and regulations. Sumsub also supports real-time monitoring and customized verification workflows to cater to specific business needs. Key capabilities: document analysis biometric verification risk assessment user onboarding compliance management Best for: financial institutions and online service providers that need efficient identity verification and KYC compliance.
Sumsub Details
Sumsub's In-App Market Place
Does Sumsub have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Plans
Monthly plans
Basic Plan
USD 1.35
Compliance Plan
USD 1.85
Accepted Payment Currencies
USD ($)
Pros & Cons
- • Sumsub offers a comprehensive suite of AML compliance solutions that include KYC, KYB, AML screening, transaction monitoring, and fraud prevention.
- • It adheres to international standards and local regulations to ensure compliance with AML/CTF rules.
- • Sumsub is user-friendly and easy to integrate with your existing systems.
- • The platform is feature-rich, offering a variety of identity verification options, fraud detection capabilities, and workflow management tools.
- • Sumsub's pricing is affordable for businesses of all sizes, especially startups with low verification volumes.
- • The customer support team is responsive and helpful, providing assistance 24/7.
- • Sumsub's reporting features could be more detailed and comprehensive to provide a deeper understanding of compliance data.
- • Some users have reported minor technical issues such as bugs and processing speed problems.
- • Sumsub may not be the best choice for businesses with highly complex compliance requirements, as it may lack certain features or customization options.
- • The platform currently does not offer business card verification, although this feature is planned for future development.
- • Sumsub may not be suitable for businesses that need to screen company names against sanction lists apart from the full KYB process.
- • Some users have found the explanation of certain features insufficient, leading to misunderstandings.
Sumsub's Support Options
Email Address
hello@sumsub.comDocumentation
https://docs.sumsub.com/Sumsub's Alternatives
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