Sumsub launches non-document verification service in US
On February 22, Sumsub, a global verification service provider, announced the launch of a non-document verification service in the United States.。
Sumsub, a global verification service provider, today announced the launch of Non-Doc Verification in the United States.。The solution reduces fraud-related attacks by 75%, covering more than 2.9.2 billion active mobile users, also for international customers looking to join US applicants, including customers in the UK, Hong Kong, Singapore and UAE。
Non-document verification service provides frictionless customer onboarding six times faster than document-based KYC。It eliminates the need for users to manually enter data, reduces errors and improves data quality。For U.S. applicants, non-document verification is more secure and reliable because they do not need to share their SSN (Social Security Number) or upload any ID scans。
"The non-document verification service is Sumsub's flagship product and promises to be the future standard for digital verification, moving beyond traditional document-based inspection."。Just as electronic payments have revolutionized the way money is transferred, non-document verification is at the forefront of innovation in the digital verification space, "said Vyacheslav Zholudev, Sumsub's CTO and co-founder.。
"This user-friendly, inclusive solution eliminates the need for users to share files, meeting the needs of applicants with poor camera quality or those with old or damaged files, which are often rejected in the KYC process."。By popularizing document-free onboarding practices, we are making digital services more accessible worldwide, which coincides with Sumsub's mission in the digital world.。"
Document-free authentication can help enterprises ensure the authenticity of user identities, and its security level is the same as that of traditional KYC。With just a few clicks, it also ensures a fast and smooth onboarding process。Specific operations are as follows:
- Applicants initiate the onboarding process by providing their phone number and date of birth
- Fast mobile authentication of users via one-time password (OTP) check
- Sumsub extracts pre-authenticated user information from US telecom operator's cell phone data
- The applicant sees the verification confirmation on the screen. The customer company can check whether the user's data is true and up-to-date, and determine the user's credibility
Non-document verification provides applicants with a secure, trusted and user-friendly onboarding experience, while successfully preventing fraud in key transactions: account opening, deposit, transfer and withdrawal。For digital payment providers, e-wallets and iGaming platforms, it can reduce promotions and bonus abuse - because it prevents duplicate accounts, zombie traffic or payments to fake users。For financial services, non-document verification ensures improved credit card digital sign-in experience。
Sumsub's non-file authentication solutions have been used to sign in more than 2 billion users worldwide, including the UK, Netherlands, India, Brazil, Indonesia, South Africa, Nigeria and other countries。
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