The article explores recent partnerships among companies specializing in KYC/AML identity verification. Notable collaborations include Sumsub with Papaya Global, Signzy with MagicPay, and Alloy with Flagstone UK, all aiming to enhance compliance and improve customer experiences through technological innovations. The biometric identity verification market for Know Your Customer (KYC) and Know Your Business (KYB) is…
Remote onboarding platforms are using Sumsub and Signzy for biometric identity verification. Sumsub, collaborating with Telus Digital, provides a suite of identity verification technologies while reporting a notable increase in identity fraud concerns. Signzy partners with ONEngine.ai to streamline the onboarding process for remote workers, integrating advanced KYC and verification APIs to facilitate compliance and…
A report from Trua emphasizes the rising demand for trust in online platforms as deepfakes and AI present security concerns. Biometric identity verification is vital across sectors like gaming, cryptocurrency, and dating. Companies such as Jumio and Sumsub highlight its effectiveness in combating fraud and ensuring compliance, while increased awareness of romance scams underscores the…
Gartner has published its first Magic Quadrant for Identity Verification, classifying 11 companies into Leaders, Challengers, Visionaries, and Niche Players. Leaders include Sumsub, Socure, and Entrust for their robust IDV products. Visionaries such as Mitek and Au10tix bring innovative strategies. Persona is noted as a Challenger, while Niche Players consist of 1Kosmos, GB Group, and…
