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News and resources on regulation, compliance, legal and governance issues for banks and fintechs.

Sumsub teams with TrueNorth

Source: Sumsub

Sumsub, a global all-in-one verification platform, has teamed up with TrueNorth, a leading fintech software development company, to help banks in the US and beyond expand to global markets and digitize their services.

Sumsub is a proven leader in regulatory compliance for the fintech industry. Sumsub’s platform lets businesses orchestrate the verification process, welcome more users worldwide, speed up onboarding, and stop digital fraud with customizable KYC, KYB, KYT, and AML solutions.

As highly-recognized fintech software developers, TrueNorth offers proven architectural frameworks to accelerate the build of customized solutions. From strategic planning to product launch, TrueNorth engineers modern customer experiences to suit their clients’ unique frontend, core and back-end requirements.

TrueNorth and Sumsub are committed to providing banks, fintech platforms, payment providers, and neobanks in the US and abroad with cutting-edge digital solutions that meet regulatory requirements, improve operational efficiency, and increase growth.

“We are glad to join forces with TrueNorth in our common mission of bringing digital transformation to the financial industry. Sumsub’s advanced KYC, KYB and transaction monitoring solutions will assist businesses in expanding internationally while complying with regulations. TrueNorth, meanwhile, will develop enhanced fintech products and solutions for companies ready for digitalized global growth”, - comments Andrew Sever, co-founder and CEO of Sumsub.

“We are excited to partner with Sumsub to further strengthen our ecosystem with top-notch verification, anti-money laundering and transaction monitoring tools. This partnership allows us to continue providing our clients in financial services with secure, reliable and sustainable solutions at scale”, - says Alex Gonikman, CEO and co-founder of TrueNorth.

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