Case Study: NiceHash reduces fraud attempts by 80% with Sumsub

Mining Platform NiceHash Lowers Security Incidents by 80% with Sumsub

NiceHash, a major cryptocurrency mining and exchange platform, faced significant compliance challenges operating in 190 countries, requiring them to prevent account theft and adhere to diverse regulatory requirements. They sought a cost-effective and user-friendly KYC solution to streamline this process.

By implementing Sumsub's all-in-one KYC and anti-fraud solution, NiceHash automated and secured its user onboarding. This integration resulted in an 80% reduction in security incidents and fraud attempts, while also efficiently verifying hundreds of thousands of users.

NiceHash