Gate.io groups up with Sumsub to streamline consumer onboarding and keep totally compliant with tightening crypto rules
LONDON and MIAMI , July 6, 2023 /PRNewswire/ — Gate.io, a pioneering digital asset service supplier, has joined forces with Sumsub, a full-cycle verification platform offering curated options for know-your-customer (KYC), know-your-business (KYB), anti-money laundering (AML), and transaction monitoring.
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Gate.io has chosen Sumsub for AML screening, KYC and Journey Rule options based mostly on the prime quality commonplace upheld by each corporations. This collaboration will enable Gate.io to reinforce consumer onboarding processes whereas guaranteeing AML compliance with crypto regulatory necessities in all elements of the world the corporate operates.
Because the demand for cryptocurrencies continues to develop, so does the necessity for strong KYC, AML, and anti- fraud measures. By combining Sumsub’s cutting-edge verification applied sciences with Gate.io’s modern blockchain options, this collaboration will present a safe and seamless onboarding expertise for cryptocurrency lovers worldwide.
“We’re thrilled to begin working with Sumsub, a world chief in id verification, anti- fraud and compliance. Gate.io all the time prioritizes asset safety in addition to assembly regulatory necessities to finest safeguard customers’ belongings. With Sumsub, we’re assured that our crypto alternate platform will keep totally compliant within the evolving AML regulatory panorama. By implementing Sumsub’s KYC, AML screening in addition to Journey Rule options throughout Gate Group, we be certain to supply the most effective consumer expertise attainable to our world clients,” provides Dr. Han Lin, Founder and CEO of Gate Group.
“We’re deeply grateful for our collaboration with Gate.io, a number one digital asset buying and selling platform,” says Peter Sever, co-founder and Chief Technique Officer of Sumsub. “At Sumsub, our mission is to supply cutting-edge verification options, and we’re proud to help Gate.io of their dedication to making a safe and seamless expertise for crypto customers everywhere in the world.”
About Sumsub
Sumsub is a full-cycle verification platform securing the entire consumer journey. With Sumsub’s customizable KYC, KYB, transaction monitoring and fraud prevention options, you may orchestrate your verification course of, welcome extra clients worldwide, meet compliance necessities, cut back prices, and shield your online business.
About Gate.io
Established in 2013, Gate.io is among the world’s earliest cryptocurrency exchanges and a pacesetter amongst compliant and safe digital asset platforms, providing various buying and selling companies with 100% user-verifiable Proof of Reserves. Additional, the platform has constantly ranked as one of many prime 10 cryptocurrency exchanges based mostly on liquidity and buying and selling quantity on CoinGecko.
SOURCE Gate.io
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