SumSub

Overview

Sum&Substance is an open API compliance platform with headquarters in London, UK. The service provider delivers reusable KYC and AML screening solutions to improve crime-fighting effectiveness. The main functionalities delivered by the service provider are implemented as the KYC screening.

Prerequisites

An active financial services license is required to implement the integration. Contact your manager for additional details.

Website

https://sumsub.com/

Products and services

The following table describes the services delivered by Sum&Substance.

Service name	Description
Automated KYC and KYB	Verification of individuals and businesses by automating identity checks, document validation, liveness detection, and company data screening.
AML Onboarding Module	Real-time compliance screening during onboarding, enabling automated Anti-Money Laundering risk assessment and decision-making.
ID Checks	Verification of government-issued identity documents for authenticity, consistency, and expiration status.
Sanctions&PEP Screening	Automatic screening of users against global sanctions lists and Politically Exposed Persons databases to support regulatory compliance.
Transactions Monitoring	Supports compliance with the Travel Rule for cryptocurrency transactions by automatically tracking and sharing required sender and recipient information between Virtual Asset Service Providers (VASPs). Enhances transparency and helps prevent money laundering and terrorism financing.