Sumsub launches Non-Document Verification in the UK: Client onboarding in 5 seconds

Rick Steves

Sumsub’s partnership with OneID introduces Non-Document Verification, enabling near-instant identity verification through official bank records while ensuring compliance with UK regulations.

Sumsub, a global full-cycle verification platform, is reshaping the landscape of customer onboarding with its pioneering Non-Document Verification solution in the UK.

This groundbreaking offering, in partnership with OneID, a UK Government-certified identity provider, allows businesses in various industries, including fintech, crypto, ecommerce, online gaming, and transportation, to onboard users securely through official bank records, all while maintaining strict compliance with UK regulatory standards.

Sumsub’s Non-Document Verification is already available in several countries, including Nigeria, Brazil, Argentina, Indonesia, Ghana, Bangladesh, India, and the Netherlands.

Document-free verification for approximately 95% of the UK’s adult population

Sumsub’s strategic partnership with OneID signifies a revolutionary step towards full-cycle user verification on a global scale. While local providers offer document-free verification in singular markets, Sumsub is the first global firm to provide document-free verification services as part of a holistic compliance solution across the entire user journey. Through OneID, Sumsub can offer document-free verification for approximately 95% of the UK’s adult population.

The heart of this innovative solution lies in the collaboration with major financial institutions, including Barclays, Bank of Scotland, Chase, First Direct, Halifax, HSBC, Lloyds, MBNA, Monzo, Nationwide, NatWest, RBS, Santander, Starling, TSB, Ulster, and Virgin Money. These institutions provide the data necessary for customer identity verification, ensuring a seamless and efficient process.

Lightning-fast verification: Less than 5 secs

OneID empowers Sumsub to deliver lightning-fast verification, typically taking less than five seconds – a remarkable improvement over the industry’s average onboarding time of two minutes. Users no longer need to upload pictures of identity documents; instead, the process is straightforward and secure.

During the onboarding process, users select their bank and are directed to the bank’s page or app within the same session window. Once logged into their bank account, they provide consent for personal data sharing, a crucial step for verification. Sumsub then swiftly retrieves and verifies the required data, successfully onboarding the new customer without any need for physical documents.

Sumsub’s Non-Document Verification offers a range of benefits for clients, including:

High Conversion Rates: Document-free verification leads to low drop-off rates and high conversion rates due to the seamless user experience.
Simplified Process: Sumsub provides a user-friendly, code-free approach that allows customer compliance teams to adapt effortlessly to various regulatory and country-specific requirements.
Customizable: Clients can incorporate Sumsub’s solution into their user flow, maintaining their corporate branding within the SDK and interface for end-users.

A unique online banking log-in

Andrew Sever, Co-founder and CEO of Sumsub, said: “We are replacing complex authentication procedures for UK-based clients with a unique online banking log-in, eliminating identity fraud, duplicate accounts, and bot-based verification attempts. We are dedicated to providing a secure, efficient, and seamless onboarding experience for users while empowering businesses to meet regulatory requirements effortlessly.”

Paula Sussex, CEO of OneID, added: “We are proud that we enable Sumsub to promise their customers a quick and easy experience that covers around 50 million individuals in the UK.”

Tony Petrov, Chief Legal Officer at Sumsub, commented: “According to UK AML regulations, document-free solutions can be utilized, provided that they incorporate additional security measures. We ensure that the non-document verification process is secure from fraud and misuse, assuring that users claiming a particular identity are indeed the person with that identity due to our advanced electronic identification technology.”

Sumsub’s Non-Document Verification is poised to set new standards in user onboarding, combining speed, security, and regulatory compliance to create a seamless experience for businesses and their customers alike.

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