Seracle, A Global Blockchain-As-A-Service Provider, Announced Its Partnership With Sumsub, An All-In-One Verification Platform Against Digital Fraud And Helping Businesses Comply With Full Way.

As A Trusted Partner, Sumsub Will Help Build Seracle's Compliance, Anti-Money Laundering And Risk Assessment Tools In The Crypto/NFT/Blockchain Space. Additionally, Seracle Will Integrate Sumsub's KYC System, Which Uses Advanced Artificial Intelligence Technology, To Detect And Prevent Potential Cybercrime In Over 136 Countries.

This Partnership Will Allow Seracle To Extend Verification Solutions To Projects Hosted On Its Infrastructure And Support Their Verification And Compliance Needs. The Integrated Verification Solution Will Provide Frictionless KYC/KYB Verification Through Biometric Biometrics And Identity Verification. As Part Of This Partnership, Seracle Aims To Establish A Transparent And Trusted Authentication System For More Than One Million Businesses And Individuals Connected Within The Next Year. Sumsub Will Add Another Layer Of Protection For Seracle At A Time When Losses From Cryptocurrency Hacks Jumped Nearly 60% To $1.9 Billion This Year, According To A Recent Blog Post From A Blockchain Analysis Firm. Chainanalysis.

“But Sumsub, One Of The Things We Like Is That It Runs. I Mean, It's Like Google," Said Shrikant Bhalerao, CEO Of Seracle Infrastructures.

“The Second Is That It Has A Personalized Service That No Other Provider Offers. And The Third Is That We Do Both KYB And KYC, As Well As Risk Classification To Support The AML Team. It's Easy To Get An Idea Of ​​What To Report And The Level Of Risk. Also, Multilingual Support And Other Nice Features Make Sumsub A Good Partner For Us,” He Added.
Source: BusinessToday
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