Enhancing its focus on the onboarding experience, Jeton has linked with Sumsub as the firm continues global growth.
Sumsub looks to bolster businesses in the way they verify users and eradicate fraud while ensuring full compliance with shifting regulations.
Andrew Sever, Co-Founder and CEO of Sumsub, commented on the collaboration: “Partnering with Jeton speaks volumes since we work toward the same goal of building a more inclusive financial future for people, empowering them to use online payments and services freely and safely. The digital identity verification and AML compliance solutions that Sumsub provides play a big role in reaching this goal.”
Elevated by continuous growth, Jeton Wallet is a payment company registered in the UK, which focuses on users can deposit and withdraw funds with country-specific payment options.
The firm also allows merchants to provide a seamless checkout experience with local payment methods.
Saaly Temirkanov, CEO of Jeton, added: “We are a global e-Wallet company, and we need a document verification solution to scale up to new markets while staying compliant. Sumsub is our choice since it’s leveraging machine learning and AI technology to automate and accelerate the verification process, boost conversion and reduce costs.
“They offer us a sophisticated and scalable identity verification solution that’s fully integrated with the company’s AML/KYC policies at fair prices, allowing us to keep costs down while safeguarding the company from fraudulent activities.”