Sumsub, Acuant Each Form Partnerships To Upgrade Biometric KYC, Fraud Detection Solutions

Sumsub is integrating ID doc scanning know-how from Smart Engines with its biometric know your buyer (KYC) and digital id verification platform to forestall the usage of cast IDs.
Good Engines’ ID scanning software program improves the pace and accuracy of Sumsub’s fraud detection, in line with the announcement, and options ‘Computation Doc Forensic AI’ to detect optical variable units like holographic safety parts, and particular visible safety parts like monograms. The know-how additionally helps inspections inside video streams, which is the channel Sumsub makes use of to hold out its biometric and liveness checks for KYC and anti-money laundering (AML) processes.

The partnership additionally allows Sumsub to hold out information cross-comparisons with information captured with Good Engines’ GreenOCR know-how, and allows paperwork in additional than 100 languages to be processed.

“Good Engines’ computational doc forensics and ID scanning will assist us carry out extra subtle and correct doc authentication in below a second, delivering the superb consumer expertise and information security that individuals deserve,” states Jacob Sever, co-founder of Sumsub.

Sumsub launched face biometric liveness detection to its platform earlier this 12 months to improve its remote customer onboarding security.
Acuant companions on crypto compliance
Acuant has partnered with blockchain evaluation supplier Chainalysis to deliver the latter’s platform to its interface for managing higher-risk transactions with strong AML protections.

The capabilities of Chainalysis Know Your Transactions (KYT) and its Reactor graphical investigative software program will probably be obtainable via Acuant Compliance.

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