Latin America. Sumsub, a global provider of verification and anti-fraud solutions, announced that it has again been recognized as a Leader in the Gartner Magic Quadrant for Identity Verification, for the second consecutive year.
The company attributes this distinction to its constant innovation, its impact on global regulatory compliance and its contribution to fraud prevention.
According to the Gartner report, Sumsub was also positioned as the most advanced company in the "Integrity of Vision" criterion, which, according to the company, represents a recognition of its growth strategy and its approach to innovation within the identity verification market.
Over the past year, Sumsub expanded its platform and product portfolio to respond to the growing demand for compliance solutions, fraud prevention, and agile user onboarding processes. Innovations in 2025 include:
Next-generation case management, which integrates compliance review flows into a single environment.
Reusable Digital Identity, which allows previously verified users to reuse their identity across different platforms in a secure way, streamlining processes without compromising trust.
Non-Doc Verification, an alternative to traditional KYC processes, is now available in more than 20 countries. This solution can verify more than 5 billion users across government or banking databases in as little as 4.5 seconds, ensuring inclusive and fraud-resistant onboarding.
AML Transaction Monitoring, a tool designed to detect suspicious financial activity accurately and quickly, which complements the company's compliance and fraud prevention suite.
"As we celebrate our 10th anniversary, being named a Leader in the Gartner® Magic Quadrant™ is® a major milestone. We feel that this recognition reaffirms the trust our customers place in us and our long-term commitment to solving real compliance and fraud challenges," said Andrew Novoselsky, Chief Product Officer of Sumsub.
"From AI-powered identity verification to comprehensive transaction monitoring and reusable digital identities, our vision has always been to help businesses onboard users faster without compromising security or compliance. We are proud to lead the future of the industry," he added.
With this recognition, Sumsub consolidates its position as one of the main global references in identity verification technologies, strengthening its presence in the market and its commitment to innovation in compliance and digital security.
