16 December 2019
16 December 2019
The trading platform integration with the Sumsub (Sum&Substance) KYC service
enables the validation of client personal data and documents with one
click. The new functionality provides further automation of client
onboarding procedures for MetaTrader 5 brokers and the minimization of
manual operations. The data check process, from form and document
submission to account verification, takes two minutes:
Upon confirmation, the trader's preliminary account is moved to a real group. The client can make a deposit and start trading.
The KYC provider verifies user data using the most advanced technologies such as computer vision, AI and machine learning, and thus the identity can be confirmed almost instantly. To ensure high-level data protection, Sum&Substance uses crypto monitoring and data transmission via secure communication channels.
Sum&Substance provides GDPR-compliant services and ensures the necessary infrastructure for the safe storage of user information.
Sum&Substance provides an all-in-one technical and legal toolkit to cover KYC/KYB/AML needs. It is a single powerful platform to convert more customers, speed up the verification processes, reduce costs and detect digital fraud.
Global coverage of over 200 countries and top market technologies, combined with the legal expertise, helps companies to meet financial requirements across the globe (FCA, CySec, MAS, FINMA, BAFIN, etc) and expand into new regions.
Sum&Substance clients: Exness, WebPay, FXOpen, Maxi Partners, Bank Dobrobyt, BlaBlaCar, Gett, ESL Gaming, JobToday, Wheely, Vk.com, Yandex and Decta, among others.