Sumsub: A Comprehensive Verification Platform
Sumsub is a leading platform that offers tailored solutions for Know Your Customer (KYC), Know Your Business (KYB), transaction monitoring, and fraud prevention. The company caters to clients across multiple sectors, including fintech, cryptocurrency, transportation, trading, e-commerce, education, and gaming.
Data Zoo: Enhancing Data Capabilities
By combining Sumsub’s suite of compliance solutions with Data Zoo’s extensive global data capabilities, this partnership aims to provide a robust end-to-end solution. Data Zoo specializes in identity verification for financial institutions, payment platforms, and fintechs, offering secure KYC/KYB verification across more than 170 jurisdictions through various authoritative sources.
Strategic Collaboration
The partnership between Sumsub and Data Zoo is particularly timely as financial institutions face increasing regulatory demands and sophisticated fraud challenges. With access to reliable data becoming crucial, companies in diverse industries are navigating stringent requirements while managing scattered data across different systems. Together, Sumsub and Data Zoo aim to simplify customer onboarding processes and mitigate potential fraud-related expenses.