Sumsub, a global verification platform, has launched its Reusable Digital Identity product suite.
The new products, Sumsub ID and Reusable KYC, aim to reduce repetitive verification and redundant Know Your Customer (KYC) checks.
The offerings can decrease applicant onboarding time by 50% and boost conversion rates by an average of 30%.
The Reusable Digital Identity suite allows users to securely store and reuse verified documents for multiple verifications, improving customer experience and ensuring compliance.