About Andrew Novoselsky

Sumsub and ComplyAdvantage announced a strategic partnership to enhance AML screening capabilities for compliance teams globally.

Sumsub, a global verification and fraud prevention leader, today announced the launch of its SEPBLAC-aligned Video KYC capability, enabling businesses onboarding users in Spain to meet strict regulatory requirements for recorded identity verification. The solution supports real-time recording of the entire verification process, ensuring auditable evidence, human oversight, and regulatory alignment for Spanish and EU-regulated entities.

Sumsub, a global verification and fraud prevention leader, today announced the launch of its new Summy AI Copilot (“Summy”), the first platform-native AI agent for compliance and fraud teams. Fully integrated into the Sumsub platform, Summy transforms complex, real-time case data into clear, actionable insights within existing workflows, enabling investigators and compliance officers to make faster, smarter decisions without leaving the platform.

Sumsub, a global verification and anti-fraud leader, today announced it has been named a Leader in the IDC MarketScape: Worldwide Identity Verification in Financial Services 2025 Vendor Assessment (doc # US52985325, September 2025). The report evaluates identity verification providers based on both current capabilities and long-term strategies, assessing how well vendors meet the needs of financial services organizations now and in the years ahead.

Sumsub, a global verification and anti-fraud provider, has announced it has been recognised as a Leader in the 2025 Gartner® Magic Quadrant™ for ‘Identity Verification.’ This marks the second consecutive year the company has been recognised as a Leader, which Sumsub attributes to its sustained performance, product innovation, and growing recognition across the verification and anti-fraud spaces.

Sumsub, a global verification leader, has announced a major AI-powered update to its Case Management solution—a ready-to-use, cross-functional hub for financial crime investigations designed to streamline fragmented risk operations. Built with direct input from fincrime teams and Sumsub clients, the new release introduces AI-driven tools and intelligent automation to help investigators act on risk in real time.

Sumsub, a global full-cycle verification platform, announces the launch of its Bank Account Verification solution. The new solution instantly verifies customer account ownership, outstanding balance, and detailed transaction history, which enables businesses to prevent account takeover and payment fraud, assess user financial vulnerability and creditworthiness, and ensure compliance with key regulatory obligations, including those under PSD2 and AML/CTF frameworks.

Volt, the global real-time payments platform, today announces its new strategic open banking partnership with Sumsub, a global full-cycle verification platform. Volt will power Sumsub’s Penny Drop Verification flow, which involves an end user being directed to their banking app after scanning their identity document.

Sumsub, the global full-cycle verification platform, is announcing the second iteration of its Advanced Transaction […]