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Global: Noah partners Sumsub to enable reusable KYC and faster global onboarding

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Noah partners Sumsub to enable reusable KYC and faster global onboarding

Financial infrastructure company Noah has partnered with identity verification and fraud prevention provider Sumsub to deliver faster, borderless and more scalable onboarding for financial institutions worldwide. The collaboration introduces reusable Know Your Customer (KYC) capabilities across Noah-powered platforms, significantly reducing friction for both businesses and end users.

Through the integration, firms using Noah’s high-speed payment rails and accounts to power wallets, exchanges and payment platforms can onboard users within seconds. Sumsub’s automated verification, screening and reusable identity framework improves accuracy, strengthens fraud protection and increases onboarding success rates.

Under the reusable KYC model, users who have already been verified by any of Sumsub’s more than 4,000 client institutions no longer need to repeatedly submit identity documents or complete liveness checks when accessing Noah-enabled services. With user consent, verified identity data can be securely reused across platforms, helping Noah’s clients avoid duplicated verification processes across different jurisdictions and use cases.

The partnership aligns with Noah’s long-term goal of making reusable digital identity a core layer of modern financial infrastructure, particularly as government-backed digital identity wallets begin to roll out across Europe. Sumsub serves as the first foundational component in enabling trusted identity to move seamlessly across platforms, markets and financial services.

Since launching the integration, Noah has recorded a sharp improvement in onboarding performance. Successful verifications for its clients have increased by more than 220% year-on-year, while average onboarding times are 63% faster and abandonment rates have dropped by 56%. Screening review times have been cut by more than half through Sumsub’s integration with ComplyAdvantage, and reusable identity alone has reduced time-to-verify by up to 70%.

The partnership has nearly doubled Noah’s monthly KYC capacity, allowing its clients to scale more efficiently into new markets while preparing for the next phase of digital identity adoption.

Importantly, the collaboration maintains strong regulatory oversight. Even when reusable identity is applied, Noah continues to carry out full risk-based assessments, including fresh sanctions and politically exposed persons (PEP) screening at the point of onboarding. Users must explicitly consent to the reuse of their verified identity, and while Sumsub provides validated identity data, Noah retains responsibility for its own compliance decisions. This approach ensures regulatory standards are upheld without compromising efficiency.

The agreement marks another step in Noah’s mission to “Set Money Free” and support the future of modern finance. Operating through regulated entities in the US, Canada and the EU, Noah enables virtual accounts, pay-ins and payouts, and instant stablecoin settlement across more than 50 countries and currencies, serving partners such as MiniPay, Ledger and Opera.

Commenting on the partnership, Evelina Hoque, Chief Compliance Officer at Noah, said the company needed a verification solution capable of matching the pace of its customers’ growth. She noted that the combined solution delivers faster onboarding, stronger fraud detection and consistent compliance coverage at global scale.

Thomas Taraniuk, Head of Partnerships UK/Europe at Sumsub, added that the partnership goes beyond providing a standalone tool. According to him, Noah was seeking a compliance architecture designed for high-velocity, multi-jurisdiction growth, turning compliance into a driver of expansion rather than a constraint.

Together, Noah and Sumsub aim to set a new standard for onboarding, identity verification and compliance in the modern financial ecosystem.

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