Jeton Partners Sumsub to Provide Smooth Customer Onboarding
Jeton, a UK-based payments company, has teamed up with Sumsub, a global identity verification provider, to ensure fraud protection and efficient KYC verification.
United Kingdom – September 20, 2022 —
Jeton has partnered with Sumsub to create a better onboarding experience for its 1M+ users across 100 countries. Sumsub, a global tech company with 5 international offices, helps businesses easily verify users and steer clear of fraud while ensuring full compliance with shifting regulations.
Jeton Wallet is a payment company registered in the UK. Jeton users can deposit and withdraw funds with country-specific payment options, easily making online payments using over 70 payment methods in 50 currencies. Jeton also allows merchants to provide a seamless checkout experience with local payment methods.
“We are a global e-Wallet company, and we need a Document verification solution to scale up to new markets while staying compliant. Sumsub is our choice since it’s leveraging machine learning and AI technology to automate and accelerate the verification process, boost conversion and reduce costs. They offer us a sophisticated and scalable identity verification solution that’s fully integrated with the company’s AML/KYC policies at fair prices, allowing us to keep costs down while safeguarding the company from fraudulent activities”, – comments Saaly Temirkanov, CEO of Jeton.
“Partnering with Jeton speaks volumes since we work toward the same goal of building a more inclusive financial future for people, empowering them to use online payments and services freely and safely. The digital identity verification and AML compliance solutions that Sumsub provides play a big role in reaching this goal,” – says Andrew Sever, Co-Founder and CEO of Sumsub.
Sumsub is an international tech company providing an all-in-one verification platform for detecting fraud and ensuring compliance with KYC requirements worldwide, including identity verification, AML screening and ongoing monitoring. With expertise in more than 220 countries and territories, Sumsub is a proven leader in global compliance.
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. Its AI-driven anti-fraud tools make user onboarding fast, secure, and transparent, helping businesses scale to international markets with ease.
With over 2,000 clients across the fintech, crypto, transportation, trading and gaming industries, Sumsub has partnered with the likes of Binance, Mercuryo, Bybit, Huobi, Moonpay, Unlimint, DiDi, Poppy and TransferGo. The company’s methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS).
Jeton is a payment provider that allows people to securely pay online and transfer money around the world. Jeton’s trusted e-Wallet is used by shoppers and merchants in the UK, EU, and all over the world, enabling rapid and secure payments to be made and an all-in-one account solution in multiple currencies. Jeton offers services in more than 100 countries, 70 payment methods and 50 currencies.
Release ID: 89081727
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