March 30, 2022
YouHodler is pleased to announce a complete integration of Sumsub, an AI-based solution that automates and streamlines the identity verification process. YouHodler clients can enjoy a more efficient onboarding process while simultaneously joining the fight against the growing threat of identity fraud in the cryptocurrency industry.
Sumsub joins the ranks of YouHodler’s already high-level KYC/AML tools to enforce its industry-best wallet and platform. YouHodler already uses Acuant and Ondato solutions to manage the KYC/AML process as well as Elliptic for crypto AML management. Adding Sumsub will only make the process better for clients and more secure all around.
In addition, Sumsub will optimize YouHodler’s overall verification costs and bolster the platform’s relationship with the clients.
Peter Sever, Co-founder and Chief Strategy Officer of Sumsub
“We're really happy to have YouHodler among our crypto-related clients. We really enjoyed the integration process and look forward to seeing the benefits our partnership will bring to YouHodler's team and customers around the world”
YouHodler Legal Counsel Julian Grech said
“The Sumsub integration will be a huge help for our dedicated compliance officers, helping them manage their time more efficiently and turn their focus to helping our clients in other aspects of our company's development. Sumsub will also enable YouHodler to create automatic reports for regulatory bodies and applicable laws.”
As with all platform integrations, the YouHodler team went through a long and detailed testing process of Sumsub before full integration. This is to ensure everything runs smoothly on launch day to provide the best experience possible for our clients.
Attention to detail and strict adherence to quality production are principles YouHodler stands firmly by. We hope new YouHodler clients enjoy the streamlined onboarding process and our full suite of CeDeFi services.
For any questions regarding KYC/AML, don’t hesitate to contact our Client Success Team which is on-call 24/7.
Founded in 2015, Sumsub is a leading identity verification platform providing an all-in-one technical and legal toolkit to cover KYC/AML needs. Sumsub helps businesses convert more customers, speed up verification, reduce costs, and fight digital fraud. Relying on machine learning and artificial intelligence, its solution works globally, with support for 6,500 document types from over 220 countries and territories.
The YouHodler Team is the collective mind of the platform. It's a hive of creativity and diversity in the form of one singular blog author. We are united as one.
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YouHodler is regulated in the EU (Italy) and Switzerland, and does not have a regulated UK entity. YouHodler is NOT regulated by the FCA, and protections offered under UK law do not apply.
YouHodler promotions are not targeted at UK investors, and bonuses or loyalty programs like the rewards programme or sign-up offers will not be available to residents of the UK. You can learn more about the services offered to UK customers here.
Do not invest with YouHodler unless you’re prepared to lose all your money or tokens invested. Crypto Currency is considered as a speculative and high‑risk investment and you are unlikely to be protected if something goes wrong. Take 2min to learn more about risks.
YouHodler is regulated in the EU (Italy) and Switzerland, and does not have a regulated UK entity. YouHodler is NOT regulated by the FCA, and protections offered under UK law do not apply.
YouHodler promotions are not targeted at UK investors, and bonuses or loyalty programs like the rewards programme or sign-up offers will not be available to residents of the UK. You can learn more about the services offered to UK customers here.
Do not invest with YouHodler unless you’re prepared to lose all your money or tokens invested. Crypto Currency is considered as a speculative and high‑risk investment and you are unlikely to be protected if something goes wrong. Take 2min to learn more about risks.