Case Study: ChainUp Accelerates KYC/AML Verification with Sumsub

ChainUp Accelerates Verification with Sumsub

ChainUp, a Singapore-based blockchain technology solution provider founded in 2017, needed a way to help its crypto exchange and fintech clients stay compliant with KYC/AML regulations. As its platform served millions of end users across 30+ countries, ChainUp looked to Sumsub’s verification capabilities to reduce manual workload and streamline the identity verification process.

Sumsub provided ChainUp with an automated KYC/AML verification solution integrated as an add-on to ChainUp’s platform, using Sumsub’s API, document recognition, large databases, and risk-scoring tools. The deployment took about one month, and ChainUp reported smooth implementation, positive client feedback, and improved compliance and efficiency, with plans to expand the partnership into areas like asset custody and digital banking.

ChainUp