Sumsub doubles supported ID documents to 14,000 for global AML/KYC reach

Rick Steves

“The more types of ID cards, passports, residence proof, and other documents we are able to deal with, the higher the pass rates our global clients reach. Our key priorities are user satisfaction, bulletproof fraud protection, and compliance with local AML/KYC regulations.”

Sumsub has announced support for more than 14,000 identity document types from all over the world, more than doubling its previous ability of 6,500.

The full-cycle verification platform is even able to process documents with handwritten texts as well as rare languages and scripts like Sinhalese (used in Sri Lanka).

Sumsub can also process documents in dozens of different formats (depending on year of issue, region, etc.), such as the Indian Aadhaar (national ID card), Israeli or Finnish ID cards.

The more ID document types supported, the higher the pass rates

The specialist in KYC, KYB, transaction monitoring, and fraud prevention argues that digital verification platforms should be capable of handling a wide range of document formats and scripts. Otherwise, they risk excluding certain users and groups from online services.

Vyacheslav Zholudev, co-founder and CTO at Sumsub, said: “Sumsub’s platform has processed over 200 million documents since the company was founded, so we are quite familiar with all document types in any part of the world.

“The more types of ID cards, passports, residence proof, and other documents we are able to deal with, the higher the pass rates our global clients reach. Our key priorities are user satisfaction, bulletproof fraud protection, and compliance with local AML/KYC regulations.”

Sumsub also enhanced instant geo-based verification as well as address checks

Sumsub is also proven leader in Proof of Address (PoA) checks, which are essential in crypto, trading, gambling, and other prominent digital industries. To that end, the platform’s PoA verification feature is constantly enhanced and now has the ability to process over 140,000 PoA documents per day.

With the challenge of multiple document types that can verify residence in just one country–from tax or utility bills to lease agreements and credit card statements, global address verification implies the solution’s ability to process thousands of PoA subtypes together with document integrity detection and strong anti-fraud checks.

By offering maximum coverage for PoA documents along with a PoA verification time of 59 seconds on average, the Sumsub platform provides options for instant geo-based verification as well as address check via global government databases.

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