The report scores vendors across 22 criteria covering their market presence, and current offering, and strategy. Sumsub had the highest possible scores in four criteria and received scores of on par relative to other evaluated vendors in 13 criteria.
Sumsub is investing in in-house PIDV technologies that use OCR (optical character recognition), liveness, and matching faces to document photos. The vendor plans to improve transaction monitoring. In its strategy, the vendor has a robust market approach and delivery model, and in terms of its commercial model, the vendor’s IDV pricing is clear and publicly available.
The Forrester Wave™: Identity Verification Solutions, Q4 2022
We believe this recognition by Forrester speaks volumes about Sumsub's commitment to helping organizations worldwide meet regulatory requirements and fight fraud. Trusted by over 2000 global businesses, Sumsub will continue to provide an all-in-one verification platform for verifying users, businesses and transactions, while ensuring full compliance and bulletproof fraud protection.
Co-founder & CEO, Sumsub
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