2 docs tagged with "kyc"

SEON is the highest-priority new-verticals competitor. The structural pitch — "fraud + AML + IDV + transaction monitoring in one API, integrated in 14 days" — is a real threat in fintech, crypto, and iGaming evaluations where buyers are consolidating vendors. The structural gap is the same one shared across this whole vertical set: IP-only geolocation, not compliance-grade.

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.