Best Identity Verification Software for FinLego

Sumsub is a comprehensive identity verification platform designed to safeguard each phase of the user experience. With its adaptable KYC solutions—encompassing identity verification, document checks, and non-document validations, among others—alongside KYB, AML, transaction monitoring, and fraud prevention services, Sumsub empowers you to streamline your verification processes. This allows you to attract a broader customer base globally, comply with regulatory standards, lower operational costs, and secure your enterprise. The platform boasts impressive conversion rates, achieving 91.64% in the United States, 95.86% in the United Kingdom, and 97.89% in Hong Kong, all while completing user verifications in under 50 seconds on average. Sumsub adheres to the recommendations set forth by the FATF, aligning with international AML/CTF standards and local regulatory frameworks, including those established by FINMA, FCA, CySEC, MAS, and BaFin. With a diverse portfolio of over 2,000 clients spanning various sectors such as fintech, cryptocurrency, transport, trading, e-commerce, and gaming, notable names include Bitpanda, Wirex, Avis, Bybit, Huobi, Kaizen Gaming, and TransferGo.