Wednesday, December 25, 2024

Sumsub Bolsters Presence in Southeast Asia with New Partnerships

Sumsub Bolsters Presence in Southeast Asia with New Partnerships



by

July 11, 2024

Sumsub, a worldwide verification supplier, has introduced strategic partnerships with a number of resellers in Southeast Asia together with Nexus Applied sciences within the Philippines, PT Safe Pasifik Teknologi in Indonesia, and Spectrum Edge in Malaysia.

These partnerships goal to boost fraud prevention efforts and strengthen the enterprise setting within the area.

As Southeast Asia’s digital economic system continues to develop, so do alternatives for fraudsters.

Sumsub stories important will increase in fraud, notably in deepfakes, throughout the Philippines, Indonesia, and Malaysia.

Governments in these nations have responded by tightening rules within the KYC (know-your-customer) and AML (anti-money laundering) sectors.

By partnering with native resellers, Sumsub goals to offer strong verification options to companies in these key markets, serving to them meet compliance requirements and fight fraud and identification theft successfully.

Sumsub established its first APAC headquarters in Singapore in July 2023. Penny Chai, appointed Vice President of Enterprise Improvement, has been main operations and driving progress in Asia from Singapore.

Penny Chai

Penny Chai

“We thank our companions – Nexus Applied sciences, PT Safe Pasifik Teknologi and Spectrum Edge – for trusting us. With rising fraud and the rising accessibility of AI instruments, the demand for our verification and compliance options has by no means been increased.

 

Over the previous yr, Sumsub has achieved important milestones in Asia, and we goal to proceed this momentum via working with our companions to construct a safer and extra digitally inclusive future for companies and customers in Asia,”

stated Penny Chai, VP of Enterprise Improvement at Sumsub.

Sumsub will host a roadshow, “Comply to Fortify: APAC Anti-Fraud Roadshow,” throughout key cities within the Philippines, Malaysia, and Indonesia to showcase its options and their advantages for companies.


Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles