Noah and Sumsub slash onboarding times with reusable identity checks
Noah and Sumsub slash onboarding times with reusable identity checks
Noah and Sumsub slash onboarding times with reusable identity checks
Financial infrastructure company Noah has teamed up with Sumsub to speed up user onboarding. The partnership combines Sumsub's automated verification tools with Noah's high-speed systems. Clients now benefit from quicker, more secure identity checks across global markets.
The collaboration integrates Sumsub's Reusable KYC framework with Noah's payment rails and account systems. Users verified across Sumsub's 4,000+ partner institutions can now reuse their identity data with consent. This eliminates repeated checks and cuts verification time by up to 70%.
Screening review times have also halved since the partnership began. Noah's clients report a 220% rise in successful verifications and 63% faster onboarding. Abandonment rates during sign-ups have dropped by 56%.
Noah maintains full regulatory control even when reusable identity is applied. The system ensures compliance while nearly doubling the company's monthly KYC capacity. This allows clients to expand into new markets more efficiently.
Noah's goal is to embed reusable identity as a standard feature in modern finance. Sumsub's technology serves as the first step in this process, supporting businesses that build next-generation financial services.
The partnership has already delivered measurable improvements for Noah's customers. Faster, more accurate onboarding helps them scale operations while meeting strict compliance rules. With reusable identity and automated checks, the system reduces friction without compromising security.