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Sumsub named a Leader in IDC MarketScape for Worldwide Identity Verification in Financial Services 2025

Sumsub has announced it has been named a Leader in the IDC MarketScape: Worldwide Identity Verification in Financial Services 2025 Vendor Assessment (doc # US52985325, September 2025). The report evaluates identity verification providers based on both current capabilities and long-term strategies, assessing how well vendors meet the needs of financial services organizations now and in the years ahead.

As financial services organizations face increasingly sophisticated fraud threats, Sumsub’s AI-driven solutions provide multi-layer protection with spoof detection, synthetic identity detection, and fraud network monitoring. Daily model retraining ensures clients such as Guavapay, Wirex and Capital.com benefit from constantly updated protections, while real-time AML and sanctions screening strengthens ongoing due diligence.

“We believe being recognized as a Leader in the IDC MarketScape is a powerful validation of our strategy and technology,” said Andrew Novoselsky, Chief Product Officer at Sumsub. “We believe the IDC MarketScape’s recognition reflects our focus on delivering solutions that are not only capable today but also strategically positioned for the future.”

This latest recognition follows a series of milestones for Sumsub, including the expansion of its platform to support end-to-end compliance needs across fintech, trading, and banking sectors. Today, over 4,000 global clients trust Sumsub to streamline verification, fight fraud, and meet evolving regulatory demands with minimal engineering effort.

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About IDC MarketScape: 

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.


  • October 7, 2025
  • Product

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