Sumsub is present in 2 markets with 2 products. Sumsub has 17 reviews with an overall average rating of 4.4.
Identity Verification
Gartner defines identity verification as the combination of activities during a remote interaction that brings a real-world identity claim within organizational risk tolerances. Identity verification capabilities, delivered as SaaS or on-premises, provide the assurance that a real-world identity exists and that the individual claiming the identity is its true owner and genuinely present during a remote interaction. The purpose of identity verification is to establish confidence in the identity of a person during a remote interaction when curated credentials do not exist, are not available or do not provide sufficient assurance. Identity verification is used for a variety of business purposes, such as: - Compliance (e.g., know-your-customer obligations) - Onboarding (e.g., customer registration, remote workforce hiring and employee onboarding processes) - Account security (e.g., support for credential management processes, such as credential enrollment and account recovery) - Mitigating fraud risk (e.g., preventing fraudulent registrations using stolen or synthetic identities, enabling remote proctoring/invigilation, and securing high-risk transactions) - Trust and safety (e.g., improving accountability in marketplaces, providing assurance in the gig economy and establishing trust in larger identity networks)
Sumsub has 1 product in Identity Verification market
Online Fraud Detection
Gartner defines the OFD market as the market for solutions that detect and prevent fraudulent actions within digital channels (browsers and mobile apps). OFD solutions provide a spectrum of capabilities within digital channels to prevent direct and indirect financial losses and to mitigate risks. Their core capabilities: Mitigate the activity of malicious automated bots; Detect account takeover (ATO) attacks and trigger remedial actions; Detect fraudulent activity in high-risk events along the digital customer journey, such as when customers make payments, transfer funds, perform account management actions or access personally identifiable information (PII).
Sumsub has 1 product in Online Fraud Detection market