Jumio VS Sumsub

Compare Jumio VS Sumsub and see what are their differences

ComplyCube

Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance. featured

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Jumio

Jumio is a reputable identity verification software that comes with the ID scanning and validation of products for web and mobile transactions.

Sumsub

One verification platform to secure the whole user journey

Landing page //
2022-09-12

Landing page //
2022-10-30

Sumsub is the one verification platform that secures every step of the user journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention solutions, you can orchestrate your verification process, welcome more customers worldwide, meet compliance requirements, reduce costs and protect your business.

Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average.

Sumsub’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin).

Jumio

Website: jumio.com
Pricing URL: -
$ Details: -
Platforms: -
Release Date: 2016 January
Startup details
Country: United States
State: California
City: Palo Alto
Founder(s): Daniel Mattes
Employees: 1,000 - 1,999

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Sumsub

Website: sumsub.com
Pricing URL: Official Sumsub Pricing
$ Details: paid Free Trial
Platforms: iOS Android Web REST API
Release Date: 2015 January

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Jumio features and specs

Comprehensive Identity Verification
Jumio offers a wide range of identity verification services, including document verification, face-based biometrics, and multi-factor authentication, providing robust identity proofing solutions.
AI-Powered Solutions
Utilizes advanced AI technology to enhance the accuracy and speed of identity verification processes, ensuring efficient customer onboarding and fraud detection.
Global Coverage
Supports identity verification for users across the globe, with services that are tailored to meet regional compliance and regulatory requirements.
User-Friendly Interface
Offers an intuitive user interface that simplifies the identity verification process for end-users, enhancing user experience and reducing friction during onboarding.
Scalability
Capable of scaling to meet the needs of small businesses as well as large enterprises, making it a versatile solution for companies of all sizes.

Possible disadvantages of Jumio

Cost
Jumio's services can be expensive, which may not be suitable for startups or small businesses with limited budgets.
Implementation Complexity
Integrating Jumio's services into existing systems can be complex and may require significant technical expertise and resources.
Privacy Concerns
Handling sensitive personal information for identity verification can raise privacy concerns and necessitate strict compliance with data protection regulations.
Dependent on Technology
As a technology-dependent solution, any technical glitches or system downtimes can impact the identity verification process and customer experience.
Limited Offline Support
Primarily designed for online and digital platforms, Jumio may not be ideal for environments or businesses that require offline verification processes.

Sumsub features and specs

Compliance with regulations
Sumsub offers features to ensure businesses comply with KYC, KYB, and AML regulations, reducing the risk of legal issues.
User-friendly interface
The platform is designed to be intuitive, making it easier for both businesses and users to navigate the verification process.
Automated verification
Sumsub provides automated processes to quickly verify documents and identities, reducing manual workload and speeding up onboarding.
Global reach
Supports document verification from over 220 countries and territories, making it suitable for businesses with an international user base.
Customization options
Offers various customization features to tailor the verification process according to specific business needs and user flows.
Fraud prevention
Advanced technology to detect fraudulent documents and identities, enhancing the security and integrity of the verification process.
Comprehensive Analytics
Provides detailed analytics and monitoring tools to track the verification process and identify bottlenecks or issues.

Possible disadvantages of Sumsub

Cost
The service can be expensive, which might be a barrier for smaller businesses or startups.
Complexity for smaller organizations
The range of features and customization options may be overwhelming for smaller businesses that do not have dedicated compliance teams.
Integration challenges
Some businesses may experience difficulties integrating Sumsub with their existing systems, especially if they have unique technical requirements.
Dependence on internet connection
The service relies on a stable internet connection for real-time verification, which might be problematic in regions with poor connectivity.
User privacy concerns
Users might have concerns about sharing sensitive personal information, such as identity documents, even though Sumsub follows strict security protocols.
Regional regulations
Compliance features might not be entirely up-to-date with the latest regional regulatory changes in fast-evolving jurisdictions, requiring businesses to perform regular reviews.

Jumio videos

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Jumio ID Verification

Sumsub videos

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How Sumsub KYC works

Category Popularity

0-100% (relative to Jumio and Sumsub)

Jumio

Sumsub

Identity Verification And Protection

31 31%

Identity Verification And Protection

69% 69

Identity Verification

35 35%

Identity Verification

65% 65

Security & Privacy

41 41%

Security & Privacy

59% 59

Identity And Access Management

100 100%

Identity And Access Management

0% 0

User comments

Share your experience with using Jumio and Sumsub. For example, how are they different and which one is better?

Reviews

These are some of the external sources and on-site user reviews we've used to compare Jumio and Sumsub

Jumio Reviews

We have no reviews of Jumio yet.
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Sumsub Reviews

Vito A

· Trader · about 3 years ago

Hands down one of the best experiences with document verification. I have to go through this kind of checks on a weekly basis and sumsub is relatively fast and has a smooth interface that guides you through the whole process. Solid 5/7

👍 Pros: Super fast

The Top 10 KYC (Know Your Customer) Solutions

Sumsub is a user verification platform that is designed to provide an easy onboarding process for trusted users from any country. This helps to ensure regulatory compliance, while minimizing fraudulent activities. With a 30-second onboarding time, the platform offers customizable Know Your Customer (KYC) and Anti-Money Laundering (AML) processes tailored to meet unique...

Source: expertinsights.com

Discover the Top 5 Identity Verification Providers in 2023

When it comes to capabilities, flexibility is a key selling point as it empowers organizations to align the identity verification service with their unique workflows, compliance needs, and risk appetite. Different vendors provide different levels of customizations, with ComplyCube and SumSub offering the most flexible and granular options in their respective online portals.

Source: www.techtimes.com

Social recommendations and mentions

Based on our record, Sumsub seems to be more popular. It has been mentiond 8 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Jumio mentions (0)

We have not tracked any mentions of Jumio yet. Tracking of Jumio recommendations started around Jun 2021.

Sumsub mentions (8)

Haru Invest referral code: 🚀💰 'HELLO' (March 2023)
After that you must complete secure KYC process (done via the SumSub company). Source: about 2 years ago
Binance p2p
I didnt recieve my crypto from the p2p Transfer and its asking for me to do verification from sumsub.com. I have no idea what this website is but I filled out the verification and it says they are partnered with Binance. Source: over 2 years ago
Community discussion about Spectrum Finance $SPF token in this thread December 9th, 6 pm UTC — Please join!
KYC and data storage could be done by a trusted third-party service called Sum and Substance. Source: over 2 years ago
Level 2 verification - document not approved / CS not replying
It might be required to present proof of address for KYC, which you can learn more about here. The KYC procedure is handled by our partners at sumsub.com and they are the ones checking the validity of the document. Source: almost 3 years ago
Is there a way to verify my account with non-english IDs/ PoA?
Updated the link with the source. Hope it helps. https://sumsub.com/. Source: about 3 years ago

What are some alternatives?

When comparing Jumio and Sumsub, you can also consider the following products

Onfido - Onfido is the data-driven platform for intelligent background checking.

Veriff - AI-powered identity verification & fraud prevention software Veriff provides a best- in-class identity verification solution combining AI with in-house experts to maximize accuracy and speed.

ComplyCube - Verify your customers in under 15 seconds anywhere in the world with a cutting-edge SaaS & API platform for Identity Verification and AML/KYC compliance.

IDnow - Verify the identity of your customers in realtime.

Shufti Pro - Shufti Pro offers AI-based KYC and AML screening solutions empowered with biometric authentication.

Trulioo - Trulioo, an online identity verification company, enables trust and safety online by powering fraud and compliance systems worldwide.