Sources for Non-Document Identity Verification: Inquiry to Sumsubers
Sumsub, a leading provider of identity verification and automated solutions, has announced the launch of a bi-weekly Q&A series. The series, titled "The Future of the Customer Verification is Here: Document-Free Methods and Their Benefits", will be published every other Thursday on The Sumsuber and social media platforms, including Instagram and LinkedIn.
The Q&A series aims to answer frequently asked questions about regulatory compliance, verification, and automated solutions. Each episode will feature experts from various fields, including legal and tech, to provide insights and clarify common misconceptions.
In this week's episode, Andrew Novoselsky, the Chief Product Officer at Sumsub, will discuss the sources used for Non-Doc verification. According to Novoselsky, the customer verification process, particularly Non-Doc verification, relies on multi-layered verification and continuous monitoring solutions that go beyond traditional methods.
While the exact sources used for Non-Doc verification are not explicitly detailed, Novoselsky emphasizes the use of multi-layered approaches that integrate various data points and verification layers rather than relying solely on document checks. These approaches likely include alternative data such as behavioral biometrics, device and network information, third-party databases and watchlists, AI-driven risk assessments, and continuous identity monitoring tools.
Audience members are encouraged to submit their own questions for the Q&A series. You can do so by commenting on the posts on Instagram and LinkedIn. Stay tuned for more insights from industry experts every other Thursday!
[1] Source: Sumsub press release, "Sumsub Launches Bi-weekly Q&A Series on Regulatory Compliance, Verification, and Automated Solutions", 2022. [2] Source: Sumsub website, "About Sumsub", 2022.
- The bi-weekly Q&A series, featuring experts from various fields, will discuss how advancements in technology can improve customer verification processes, moving away from traditional document-based methods and towards document-free methods.
- As the customer verification process relies on multi-layered technology and continuous monitoring solutions, lifestyle changes could potentially impact these verification methods, such as the increasing use of biometrics and AI-driven risk assessments in place of physical documents.
