2 docs tagged with "idv"

Sumsub is the dominant KYC/AML stack in crypto — the most active new vertical for GeoComply. The risk in crypto deals is that prospects see Sumsub's IP-based location flag as "good enough" for geo-compliance, conflating KYC with jurisdictional compliance. They are not the same regulatory requirement.

This is the most concrete competitive loss in the new-verticals set. Decision criteria appear to have favoured identity consolidation over best-of-breed location compliance. Recommendation: consider co-sell over direct competition in enterprise fintech.