Match-Trade taps Sumsub’s KYC solution to enhance onboarding on Forex CRM

Rick Steves

“Thanks to the integration with their verification platform, Brokers using our CRM can easily onboard new clients. The KYC process is now effortless, making traders more likely to go through it and start trading without delay. No involvement of the Broker is needed.”

Match-Trade

Match-Trade Technologies has enhanced its proprietary Forex CRM, with a particular focus on KYC, by partnering with global verification platform Sumsub.

The partnership will make KYC processes easier and more reliable for Forex brokers using Match-Trade’s custom Client Office CRM.

The recently awarded Best CRM Provider by Global Forex Awards will now allow brokers to run automatic KYC, including the verification of identity documents, addresses, telephone numbers, and emails.

The identity verification platform that fights digital fraud and helps businesses stay fully compliant, namely by checking if entered data appears on sanction lists or any other records that indicate potential red flags.

Automated ID verification speeds up onboarding process

The automated process provides instant feedback to users on whether the provided information can be verified. If not, the platform gives instructions on what the trader needs to submit. This way, the solution prevents applicants from dropping off since they don’t have to go through a cumbersome verification procedure.

Jacek Czarniawski, Head of Product at Match-Trade Technologies, commented: “We develop our solutions with Broker’s daily operations in mind. That’s why we chose to work with Sumsub. Thanks to the integration with their verification platform, Brokers using our CRM can easily onboard new clients. The KYC process is now effortless, making traders more likely to go through it and start trading without delay. No involvement of the Broker is needed.”

Jacob Sever, Co-founder and Chief Compliance Officer at Sumsub, said: “Partnering with Match-Trade Technologies brings us an exciting opportunity to enhance our experience in the international trading industry, and we are very glad to be trusted by a company with a truly global portfolio. We believe that our top-notch verification products will help to ensure seamless onboarding procedure for trading and crypto-market platform clients, to fight fraud and meet compliance standards in any market they are willing to operate.”

Sumsub has expertise in more than 220 countries and territories and achieves some of the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

The KYC solution is used by over 2,000 clients across the fintech, crypto, transportation, trading and gaming industries, including Binance, Mercuryo, Bybit, Huobi, and Moonpay.

The company’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS).

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