B2Broker, Sumsub Partner to Provide Businesses with KYC and Video Verification Solution

Fazzaco learned that B2Broker, a liquidity and technology provider of solutions for the crypto and FX industry, has partnered with Sumsub to provide 450 businesses across 40+ countries with secure and easily-customizable KYC and video verification solutions.

Sumsub's solution will assure that B2Broker's customers comply with international regulatory demands and avoid hefty fines. Sumsub will also be providing crypto transaction monitoring, ensuring that the sources of commercial crypto transactions are legitimate and free of money laundering.

Founder and CEO of B2Broker, Arthur Azizov, said: "With ever-increasing regulations, and as an industry-leading provider of crypto-related services, we take stringent steps to ensure our clients' onboarding process fulfills all their obligations. Sumsub's solution will ensure that our clients are able to comply with international regulatory demands and avoid the possibility of substantial fines."

Co-founder of Sumsub, Jacob Sever, said: "The crypto industry has been generating a lot of interest recently. This means that crypto platforms need to be increasingly careful about who they onboard and how. We are excited to be partnered with B2Broker, helping hundreds of businesses tackle security and regulatory compliance through time-saving automation."

Earlier this month, Fazzaco reported that B2Broker announced the release of its latest set of B2Core​ updates and improvements.