Sumsub Announces New Partnership With AlphaPoint to Streamline Identity Verification and Anti-Fraud Automation

  • Security
  • 26.06.2023 03:15 pm

Sumsub, full-cycle verification platform to secure the whole user journey, is pleased to announce a new partnership with AlphaPoint, a trusted veteran white-label exchange software provider in the blockchain space.

The partnership will enable AlphaPoint to offer Sumsub’s KYC solution as a seamless integration within AlphaPoint’s white label, full stack digital asset exchange, brokerage and wallet product suite, providing AlphaPoint clients with robust identity verification capabilities. This service option will allow AlphaPoint's exchange clients to streamline their onboarding process and make it more efficient, while ensuring AML compliance with regulatory requirements. Through the integration, AlphaPoint clients will have access to class-leading KYC services in a streamlined, go-to-market product.

As part of this partnership, AlphaPoint is integrating the Sumsub's verification platform into its existing technology systems, providing customers with access to a comprehensive onboarding solution that includes ID verification, document-free 1click onboarding, proof of address checks, biometric verification, and more. Through this partnership, Sumsub will leverage AlphaPoint's decade of experience in white-label exchange software services to improve its platform's functionality and deliver additional value to customers.

"We are glad to announce our partnership with AlphaPoint," says Peter Sever, co-founder and Chief Strategy Officer of Sumsub"Our platform has been designed to simplify and streamline the onboarding process for businesses while ensuring the highest level of compliance. Partnering with AlphaPoint will enable us to further enhance our offering and provide our clients with an even more comprehensive solution."

"We are excited to become a technological partner with Sumsub. Fraud prevention, compliance, and premium onboarding solutions are critical to the success of our clients that operate in dozens of jurisdictions globally. By combining our expertise with Sumsub's, we continue our history of helping clients have access to the tools they need for compliance." adds Igor Telyatnikov, сo-founder & CEO at AlphaPoint.

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