Best Address Verification Software for Formalize

Sumsub is a comprehensive verification solution tailored to fit your specific requirements. It provides a range of services including ID and biometric checks, residence verification, database confirmation, AML screening, and non-document verification, ensuring that each phase of the user experience is safeguarded. For confirming addresses, you can opt for a document-based Proof of Address that takes under a minute or utilize global databases and geolocation techniques. With an impressive industry-leading conversion rate of 91.64% in the United States, 95.86% in the United Kingdom, and 97.89% in Hong Kong, Sumsub verifies users in an average of less than 50 seconds. The platform adheres to the recommendations set forth by the FATF, aligning with international AML/CTF standards as well as local regulatory frameworks including those from FINMA, FCA, CySEC, MAS, and BaFin. With a clientele exceeding 2,000 across sectors such as fintech, cryptocurrency, transportation, trading, e-commerce, and gaming, notable partners include Bitpanda, Wirex, Avis, Bybit, Huobi, Kaizen Gaming, and TransferGo.