Sumsub has launched its Australia DVS Verification product to provide real-time, government-backed validation of identity documents such as passports, driving licences, and visas.
The integration of DVS verification into Sumsub's database validation solution aims to ensure compliance with local anti-money laundering (AML) and Know Your Customer (KYC) regulations while reducing fraud and streamlining onboarding.
By automating document validation, Sumsub's DVS Verification helps businesses lower operational costs by reducing manual checks, meet identity verification obligations, and enhance fraud prevention through data inconsistency identification.
As part of its expansion across the Asia-Pacific region, Sumsub is focusing on Australia and plans to support Australian clients with a secure, government-backed process to achieve compliance with AML and KYC standards.