Sumsub

Strong growth in crypto doesn’t happen without strong partnerships behind it. @MEXC × Sumsub — building infrastructure that scales across 170+ countries and 40M+ users. Together, it means: • Verification in seconds, not hours • Approval rates up to 85% • Consistent compliance across markets • Stronger protection against fraud, without added friction Read more sumsub.link/vcs

On May 4, Sumsub and @Noah_HQ invite you to a private side event in Miami Beach — designed for those who value signal over noise. Set in an intimate jazz bar at Hotel Greystone, the evening blends a curated atmosphere with signature cocktails, a live DJ, and a carefully selected guest list to keep the focus on real conversations. This is not just another networking reception. It’s a space to exchange ideas with people shaping the future of financial infrastructure. 📍 Miami Beach, Hotel Greystone 🗓 May 4 | 19:00–22:00 (GMT-4) ​Attendance is strictly by approval. Spaces are limited. Request your spot: luma.com/hzshogc7

Businesses face threats every day: account takeover, multi-accounting, payment fraud, and bot attacks. Fraud is becoming more sophisticated and harder to detect, and if you don’t react in time, the damage can be irreversible. Our Fraud Prevention solution combines identity, device, behavioral, network, and transactional checks in one AI-powered platform. Try it now 🥷sumsub.link/j3f

A new report from @Adobe Digital Insights has shown a sharp increase in AI-driven traffic to US retail sites in the first quarter of 2026. There have been significant increases across every industry surveyed in the report, reflecting changes in consumer shopping behavior following more widespread adoption of AI. Traffic from #AI sources to US retail sites increased by 393% year over year, with 39% of 5,000 consumers surveyed in March 2026 reporting using AI assistants for online shopping. 85% of those surveyed who had used AI assistants for shopping said these tools had “improved their online shopping experience,” while 66% said they trusted AI to provide accurate results. Adobe also found that AI referrals led to 42% higher conversions than traditional promotional channels like paid searches and email campaigns. This is a significant increase from March 2025, when the figure was 38% lower than traditional promotional channels. In another significant increase, revenue per visit from AI sources was also 37% higher than non-AI traffic. Only 12 months earlier, non-AI-driven traffic was worth 128% more than AI-driven traffic. Engagement metrics also show AI-assisted shoppers spending 48% longer on sites and viewing 13% more pages per session.

@TheDCW_JB Our team is truly appreciative and grateful for this award. We also congratulate the winners in the other categories! 👏

CONV3RGENCE London & The Digital Commonwealth Awards 2026 in partnership with Datavault AI, Inc. Where the World’s Digital Future Came Together at Mansion House last Wednesday, 22nd April. At the heart of the City of London, The Digital Commonwealth convened the innovators, policymakers, and investors shaping the next era of responsible digital growth. 25 Awards winners Micky Watkins @MrTelecoms Sumsub @sumsub Datavault AI, Inc. @Datavault_ai Google DeepMind @GoogleDeepMind Sumsub @sumsub Midnight @MidnightNtwrk World Mobile Group @WorldMobileTeam Midnight @midnightfdn RenewaBlox @RenewaBlox Valos Aave Labs @aave Quantum Fort Uphold @UpholdInc Wincent @Wincent_co Kraken @krakenfx Stand With Crypto In The UK @StandWCrypto_UK Recap KULA @kula_dao gunnercooke @gunnercooke Andersen @andersenllp GenTwo @GenTwoAG University of East London @EastLondonUCU Web3Veterans @Web3Veterans Mpowa @DecarbonizerApp ClearToken @TokenClearing @TheDCW_X @TheDCW_EW

Last weekend, Sumsubers were out making an impact — starting with something close to home: helping nature recover in Cyprus 🌳 After the devastating wildfires last year, Sumsub supported local recovery efforts alongside other companies. This year, we continued that commitment with a donation to the You Reforest Cyprus initiative, and our Cyprus team joined their latest planting event. On Sunday, together with family, friends, and fellow volunteers, Sumsubers headed to Lofou village to plant 30 new trees, bushes, and palms. Ahead of Earth Day, it was a meaningful way to give back, reconnect with nature, and help restore the island’s green future. Proud of our team for showing up and taking action.💚 #EarthDay #TeamSumsub

@IstanbulBlockWk 👏🤝

💥 Sponsor Announcement! We’re excited to welcome @sumsub as a Sponsor for #IBW2026! Sumsub is an all-in-one verification platform that secures every step of the customer journey. With Sumsub’s customizable KYC, KYB, KYT, and AML solutions, you can orchestrate your verification process, welcome more customers worldwide, and reduce costs. 📅 June 2–3, 2026 🎟️ Secure your spot now: istanbulblockchainweek.com/tickets/

When it comes to online security, don’t be a twonk. Sumsub x Twonks 🏓

@RektHQ, Sumsub provided official comments to Rekt and, at your request, answered all additional questions last Friday after you explicitly committed to publishing our response. Despite that, no corrections or updates have been made. How is ignoring agreed input and factual clarifications consistent with basic journalistic standards?

KYC giant @sumsub verifies millions of users for 4,000+ clients, but nobody verified Sumsub. Opaque ownership, unnamed investors, 18 months of undetected breach. The gatekeeper never verified itself. rekt.news/who-vets-vette…

Confidence level we all need: asking a verification platform for fake docs. Somewhere between bold and delusional. But for the record — we catch them, we don't make them.

@maico111188 @Mastercard @maico111188 hi! please contact the support team of the platform where you are completing verification.

@sumsub @Mastercard i mean how to submit again

Fraud isn’t just about fake IDs anymore, it’s about attacking the systems built to stop it. youtu.be/qBiZjUP4VDY?si… In the latest episode of #WhatTheFraudPodcast, we sit down with Maikel Ninaber, Head of Risk and Resilience for EMEA at @Mastercard, who brings a rare perspective: from ethical hacker to defending fraud and cyber threats at scale. The key takeaway? Traditional fraud controls alone are no longer enough. This episode is worth your time, watch or listen now 🎧

The big game is coming. ⚽️ And with it comes a full-stadium rush on your platform. Thousands of new players signing up at once. Pressure on onboarding. Higher stakes for every second of delay — and every user you fail to verify fast enough is a conversion you lose. At the same time, risk scales just as quickly. Bonus abuse, multi-accounting, synthetic identities, and more. Sumsub is built for exactly this scenario. It keeps onboarding fast and consistent even under extreme load, while maintaining full control over risk, fraud, and regulatory requirements. No queues. No bottlenecks. No trade-offs between speed and security. Get ready for the surge before it hits. sumsub.link/d57

@buda_kyiv 5. Who are Sumsub's actual beneficial owners today? Full chain. Not a blog post — a verified disclosure. The beneficial owners of Sumsub are the Sever brothers. This can be publicly verified through the “Persons with Significant Control” section of Sum and Substance Ltd., our UK company. The same information is also filed in the Cyprus UBO register. Regarding your Perplexity search, your “verified links” refer to publicly available information about collaboration with Smart Engines dating back to 2021 or earlier. As stated multiple times, we terminated the business relationship with this vendor and exited all operations in Russia in 2022 following the start of the war in Ukraine. We are not responsible for any contracts or customers Smart Engines may have had since then, nor do we share their apparent current political affiliation, nor do we endorse the endeavors they are facilitating with their products. Presenting outdated references as evidence pertaining to the current state of things is inaccurate and misleading. This is why verifying information directly with the companies involved is essential for anyone aiming to be seen as a credible source. To conclude, we appreciate your interest but kindly ask that you rely on more than just AI tools when providing information to news platforms, or conducting “investigations”, or communicating with us, and that you seek clarification before publishing inaccurate information.

Thank you for responding @sumsub. I appreciate it. Now let's talk substance. You confirmed you used Smart Engines. Good. So let's get specific: 1. What is your current connection with Smart Engines? You say "since 2022" — but what about 2017 to 2022? Five years of deep integration. Was there any data transfer during that period? 2. How can the public — hundreds of millions of people who trusted you with their passport scans and faces — verify that this data was never accessible to Smart Engines? 3. Where is the independent third-party audit that proves how client biometric data is stored and was stored during the Smart Engines integration period? 4. Where is the third-party forensic report on the Blofin data breach that went undetected for 18 months? 5. Who are Sumsub's actual beneficial owners today? Full chain. Not a blog post — a verified disclosure. And to be clear — this is not an "investigation." I used Perplexity to research publicly available data in Russian language. I am simply sharing verified public links with a wider audience so we can finally get answers to the questions above. Every single link in my thread is a public source. If any fact is wrong — point to which one. I will correct it immediately. And you can for sure sue those website owners.

.@sumsub runs your KYC passport scan through AI built by @SmartEnginesLLC — a company that simultaneously works for the FSB at Russian airports and builds military drones recognition systems. Biggest privacy scandal in crypto? Links and sources in thread tomorrow. Everything is publicly verifiable

@buda_kyiv 3. Where is the independent third-party audit that proves how client biometric data is stored and was stored during the Smart Engines integration period? No solution was ever commissioned by Sumsub from Smart Engines to process biometric data. That said, our external assessments for GDPR and ISO/IEC 27018 compliance comprehensively address the relevant aspects of personal data handling and protection, including sub-processor management, whereas SOC 2 Type 2, ISO/IEC 27017, and ISO/IEC 27001 cover the broader information security perimeter and the overall governance framework. By default, Sumsub stores end-user personal data at Amazon Web Services infrastructure (primarily in Frankfurt, Germany; although alternative buckets are sometimes available for customers subject to data localization requirements in their jurisdictions of operation). We assume you meant to ask “do you store end-user data in Russia?” We do not, and have commissioned another independent audit to incontrovertibly confirm this specific fact to prevent all further speculation. Sumsub’s former Russian subsidiary used to have local data storage infrastructure of its own, reserved exclusively for the data of Russian residents, which was necessary to comply with the national mandatory data localization rules. Naturally, this option is no longer available. 4. Where is the third-party forensic report on the Blofin data breach that went undetected for 18 months? We are not aware of any data breach involving BloFin exchange, let alone one that would be attributable to us.

@buda_kyiv Dyma, we’re happy to discuss the substance and answer any specific questions. We would also note that Hacken and Sumsub are well acquainted as companies. We operate in adjacent spaces, serve similar clients, and you kindly invited us to sponsor your Trust Summit in New York last year. On that basis, we would expect a degree of mutual respect and collaboration. If you are genuinely willing to establish the truth, it would be more constructive to frame questions clearly and accurately, without unnecessary or sensational references that create an unwarranted sense of controversy — especially given that you already have direct communication with our team members. 1. What is your current connection with Smart Engines? You say "since 2022" — but what about 2017 to 2022? Five years of deep integration. Was there any data transfer during that period? The nature of our business relationship with Smart Engines was always the same. Using an on-premise OCR library (which, by default, implies that no data would be routed from Sumsub to Smart Engines) in one of our solution’s components should not be misrepresented as a “deep integration”. Since 2022, as already explained, there has been no commercial collaboration between our companies. 2. How can the public — hundreds of millions of people who trusted you with their passport scans and faces — verify that this data was never accessible to Smart Engines? Per our legal and contractual obligations, we disclose the full list of Sumsub’s data sub-processors to our customers (this list is now publicly available), and Smart Engines was never among them. Again, “outbound personal data transfers” and “on-premise OCR library” are not compatible concepts. We are certified, every year, under multiple information security and privacy standards, as anyone can observe in our Trust Center at sumsub.com/sumsub-trust-c…. It takes a giant prejudice to assume that Sumsub would deliberately jeopardize the trust of 4,000+ customers and hundreds of millions of users by – as you falsely claim – sending KYC data to “the same company that builds military tank recognition AI for the Russian army”, and that it would go undetected by a single external auditor.

Since the start of the war in Ukraine in 2022, Sumsub has had zero contracts, business relationship, or cooperation with SE. We previously used an on-premise library that involved no data transfer from Sumsub to SE, and we’ve since moved to alternative solutions. Our OCR and fraud detection tech is built and maintained in-house, supported by solutions from providers like Google, OpenAI, and others. Claims that Sumsub is state-affiliated or linked to Russian intelligence are simply absurd, false, and defamatory. We reserve our right to pursue any available legal remedy against those who seek to harm our business by propagating lies and distorting true facts. Allegations about “lack of transparency” are not new — and have been addressed multiple times with journalists, 4,000+ clients, and auditors. Repeating them without new evidence raises serious questions about motives. Sumsub is a private company that follows all disclosure requirements where we operate. Any additional information is shared directly with clients, partners, auditors, and regulators when needed. And lastly, an important context that often gets ignored: many of our team — including founders — made real personal and professional sacrifices to act in line with their values and actively participated in helping to relocate employees of multiple tech companies after the start of the war. People relocated, exited businesses, and left behind assets and families. Pretending otherwise is just ignoring reality.

Hello — we want to address a few claims that have been circulating. Notably, the reporters behind this piece did not approach us for comment prior to publication — which is a basic standard for balanced investigative reporting. This lack of engagement is telling. The “investigation” in question mixes widely known, previously discussed facts with misleading framing to create a narrative that doesn’t reflect reality. It’s important to set the record straight. Sumsub has no connection — now or ever — to the Kremlin, the Russian state, or any state-backed entities or investors. We’ve never concealed our founders’ backgrounds. Like many global companies, we have founders with Russian origins — that alone does not imply any state ties. Sumsub hasn’t operated in Russia for over 4 years now and our founders haven’t lived in Russia for over 7 years. For full context: sumsub.com/blog/statement…

@buda_kyiv, Our OCR and fraud detection tech is built and maintained in-house, supported by solutions from providers like Google, OpenAI, and others. Claims that Sumsub is state-affiliated or linked to Russian intelligence are simply absurd, false, and defamatory. We reserve our right to pursue any available legal remedy against those who seek to harm our business by propagating lies and distorting true facts. Allegations about “lack of transparency” are not new — and have been addressed multiple times with journalists, 4,000+ clients, and auditors. Repeating them without new evidence raises serious questions about motives. Sumsub is a private company that follows all disclosure requirements where we operate. Any additional information is shared directly with clients, partners, auditors, and regulators when needed. And lastly, an important context that often gets ignored: many of our team — including founders — made real personal and professional sacrifices to act in line with their values and actively participated in helping to relocate employees of multiple tech companies after the start of the war. People relocated, exited businesses, and left behind assets and families. Pretending otherwise is just ignoring reality.

Hello @buda_kyiv — we want to address a few claims that have been circulating. The “investigation” in question mixes widely known, previously discussed facts with misleading framing to create a narrative that doesn’t reflect reality. It’s important to set the record straight. Sumsub has no connection — now or ever — to the Kremlin, the Russian state, or any state-backed entities or investors. We’ve never concealed our founders’ backgrounds. Like many global companies, we have founders with Russian origins — that alone does not imply any state ties. Sumsub hasn’t operated in Russia for over 4 years now and our founders haven’t lived in Russia for over 7 years. For full context: sumsub.com/blog/statement… Since the start of the war in Ukraine in 2022, Sumsub has had zero contracts, business relationship, or cooperation with SE. We previously used an on-premise library that involved no data transfer from Sumsub to SE, and we’ve since moved to alternative solutions.