Gate.io, a trailblazer in the realm of virtual asset services, has entered into a strategic partnership with Sumsub. This alliance is centered on integrating Sumsub’s advanced AML screening, KYC, and Travel Rule solutions into Gate.io’s platform.
Sumsub is a leading full-cycle verification platform specializing in KYC, KYB, transaction monitoring, and anti-money laundering (AML) solutions. The decision by Gate.io to opt for Sumsub’s services emanates from a shared commitment to maintaining superior quality standards.
Through this collaboration, Gate.io aims to significantly enhance its user onboarding processes. It aims to do so while simultaneously ensuring strict adherence to the increasingly stringent global cryptocurrency regulatory frameworks.
Gate.io is recognized as a pioneering force in providing virtual asset services. Its reputation has been built on innovation and an unwavering commitment to ensuring security and transparency. In the burgeoning cryptocurrency market, this quality is indeed integral for firms.
As the industry experiences exponential growth, and with an escalating demand for cryptocurrencies, robust KYC, AML, and anti-fraud measures have become imperative. Sumsub, on the other hand, is revered for its expertise in providing an extensive range of verification solutions.
The company has carved a niche in KYC, KYB, AML, and fraud prevention, and is driven by a mission to provide avant-garde verification technologies that adhere to the highest standards. Dr. Han Lin, Founder and CEO of Gate Group, expressed enthusiasm about the collaboration and stated,
“We are thrilled to start working with Sumsub, a global leader in identity verification, anti-fraud, and compliance. Gate.io always prioritizes asset security as well as meeting regulatory requirements to best safeguard users’ assets. With Sumsub, we’re confident that our crypto exchange platform will stay fully compliant in the evolving AML regulatory landscape. By implementing Sumsub’s KYC, AML screening as well as Travel Rule solutions across Gate Group, we make sure to provide the best user experience possible to our global customers.”
Peter Sever, Co-founder and Chief Strategy Officer of Sumsub, also lauded the partnership, saying,
“We are deeply grateful for our collaboration with Gate.io, a leading digital asset trading platform. At Sumsub, our mission is to provide cutting-edge verification solutions, and we are proud to support Gate.io in their commitment to creating a secure and seamless experience for crypto users all over the world.”
In essence, this collaboration signifies a fusion of shared values and expertise. It is poised to instill enhanced security and compliance in Gate.io’s operations. For users this would mean seamless and secure onboarding experience.