Instant Access to AI-Powered Verification
Through this partnership, Zenoo has integrated Sumsub’s identity verification solution into its platform, enabling financial institutions to deploy advanced verification tools with zero code. By using Zenoo’s orchestration engine, businesses can snap in Sumsub’s checks seamlessly—streamlining onboarding without compromising on compliance or security.
A Scalable, Secure Approach to Modern Threats
This integration gives banks and fintechs a flexible and scalable solution to tackle emerging fraud risks. With Zenoo’s deep experience working with financial institutions, the collaboration delivers fast access to best-in-class fraud prevention and identity verification—without the legacy baggage.
Fraud Is Evolving. So Must Compliance.
Recent research shows over 50% of financial institutions cite lack of internal skills as the biggest blocker to digital transformation. According to Sumsub’s 2024 Identity Fraud Report, the finance sector saw a 162% year-over-year increase in fraud, and AI-driven deepfake scams grew fourfold globally.
The message is clear: fraud is getting smarter, and traditional systems aren’t keeping up.
"No Code. No Disruption."
“The industry is weighed down by complexity—multiple tools, legacy platforms, and an inability to adapt quickly,” said Stuart Watkins, CEO of Zenoo. “These are the very conditions that make KYC and AML ineffective. Our partnership with Sumsub is about changing the model—giving teams the ability to activate best-in-class technology instantly, with no code and no disruption.”
What This Means for Financial Institutions
Sumsub, named a Leader in the 2024 Gartner Magic Quadrant for Identity Verification, brings advanced AI-powered tools to the table. With this integration, financial institutions can now:
- Strengthen fraud prevention – Detect and act on risks in real time with AI.
- Accelerate onboarding – Cut the friction and boost conversion.
- Stay compliant – Keep pace with global KYC/AML regulations effortlessly.
- Go beyond onboarding – Use continuous monitoring to prevent downstream fraud.
- Simplify everything – Orchestrate across systems with Zenoo’s no-code engine.
It's Not Just About KYC
“Over three quarters of identity fraud now happens after onboarding,”
said Ilya Brovin, Chief Growth Officer at Sumsub. “Focusing solely on KYC isn’t enough. That’s why our approach is multi-layered—from first touch to ongoing transactions. By embedding our AI-driven tools into Zenoo’s orchestration layer, we’re helping institutions fight AI with AI.”
