The AIFinTech100 list has been launched by FinTech Global after rigorous research of over 2,000 companies
Sumsub was selected in the latest edition of the AIFinTech100 list by FinTech Global, a specialist research platform for all things fintech. This ranking highlights the world’s most innovative companies who are developing AI and machine learning technologies to solve challenges or improve efficiency in financial services.
The huge market opportunity for AI has created a hotbed of tech providers building AI or data solutions to solve challenges in areas such as banking, insurance, customer experience, investment & trading and compliance. As a result, the selection process for this year’s AIFinTech100 list was exceptionally competitive. Finalists were chosen by a panel of industry experts and analysts based on research produced by FinTech Global on over 2,000 fintech companies.
The companies included in the AIFinTech 100 are those every financial institution needs to know about as they consider and develop their digital transformation strategies and new customer propositions. The list is part of a series of studies by FinTech Global that highlights the leading companies in sectors such as RegTech, InsurTech and WealthTech to help executives stay on top of the latest innovations.
FinTech Global director Richard Sachar said, “Generative AI tools like ChatGPT have shown how advanced AI technology has become. Financial institutions will need to explore how they can leverage the latest AI and data analytics technology, or they risk being left behind by competition. The new AIFinTech100 list gives senior decision-makers the knowledge of the best vendors in the market and those leading the charge on innovation.”
“We are honored to be recognized in the third annual AIFinTech100 list by FinTech Global,” commented Andrew Sever, co-founder and CEO of Sumsub. “In the FinTech sector, we deliver KYC and AML services to ensure efficient and fraud-resistant verification for users. Our solution helps businesses maintain AML compliance by screening customers against over 100 global watchlists and more than 100 sanctions lists, and also provides protection against fraud attacks through graphic editor detection, metadata analysis, and security feature checks. Sumsub platform leverages AI technologies in order to analyze and monitor extensive data, which effectively identifies suspicious patterns and prevents advanced fraud attempts”.
You can see Sumsub’s detailed profile and read a full interview with Andrew Sever in the pdf version of the AIFinTech 2023 list here (see pp. 82-84).
About FinTech Global
FinTech Global is the world’s leading provider of FinTech information services, B2B media products and industry events.
We serve a network of over 300,000 FinTech professionals to provide them with essential business information and help them connect with potential investors, clients and partners.A full list of the AIFinTech100 and detailed information about each company is available to download for free at www.AIFinTech100.com #AIFinTech100