Case Study: Ari10 blocks $9M in fraudulent transactions with Sumsub

9 mln USD in Fraudulent Transactions Blocked with Sumsub

Ari10, a Poland-based crypto fintech founded in 2017, needed stronger user verification to protect its gateway and exchange from identity fraud, which is especially risky in the crypto industry. The company was looking for a KYC solution that could meet regulatory requirements while keeping the onboarding experience fast and flexible.

Sumsub implemented an AI-powered anti-fraud and KYC setup for Ari10’s Gateway and Exchange, including ID verification, liveness checks, face match, and AML screening. With Sumsub, Ari10 cut verification time to under 80 seconds, reduced rejected verifications by 32.69%, and lowered fraudulent transactions by 50.36%, blocking $9 million in fraud in 2022.

Ari10