Tickmill Ltd has partnered with Sumsub to improve its onboarding process for new clients. The company has integrated Sumsubs verification technology to simplify account activation and reduce wait times in certain countries.

Sumsub recently formed a partnership with Chainalysis to offer businesses a combined solution for Know Your Customer (KYC), Anti-Money Laundering (AML), and transaction monitoring. The integration aims to provide automated monitoring, improved fraud detection, and a unified dashboard for managing compliance processes.

Mariam Dawas, Tickmills Group Head of Back Office, Source: LinkedIn

The Sumsub integration was a natural step in our effort to simplify and speed up our onboarding process, said Mariam Dawas, Tickmills Group Head of Back Office.

Tickmill, a broker offering trading in Forex and CFDs, will use a range of Sumsub tools. These include facial biometric checks, identity document verification, proof of address verification, and anti- money laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars worth of criminally derived money are laund Read this Term screening.

As the first touchpoint with our clients, its important that activation is fast, seamless and effortless so that they can start trading without delays. Its all about a better experience from the very first step, Dawas added.

You may find it interesting at FinanceMagnates.com: Tickmill Integrates Copy Trading Platform of SoFinX.

New Verification Integration for Broker Compliance

Our advanced verification tools help brokers like Tickmill stay ahead of evolving regulatory demands while maximizing conversion rates and safeguarding traders from digital hazards, commented Andrew Sever, co-founder and CEO of Sumsub.

The goal of the integration is to make it easier for new users to open accounts and begin trading. Tickmill provides access to several asset classes, such as currencies, commodities, indices, stocks, ETFs, and cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term . The verification tools are designed to support compliance while speeding up the user registration process.

What makes this partnership even more meaningful is our shared vision of building a secure digital future where people from all over the world can access financial services online with trust and confidence, Sever concluded.

Tickmill Ltd has partnered with Sumsub to improve its onboarding process for new clients. The company has integrated Sumsubs verification technology to simplify account activation and reduce wait times in certain countries.

Sumsub recently formed a partnership with Chainalysis to offer businesses a combined solution for Know Your Customer (KYC), Anti-Money Laundering (AML), and transaction monitoring. The integration aims to provide automated monitoring, improved fraud detection, and a unified dashboard for managing compliance processes.

Mariam Dawas, Tickmills Group Head of Back Office, Source: LinkedIn

The Sumsub integration was a natural step in our effort to simplify and speed up our onboarding process, said Mariam Dawas, Tickmills Group Head of Back Office.

Tickmill, a broker offering trading in Forex and CFDs, will use a range of Sumsub tools. These include facial biometric checks, identity document verification, proof of address verification, and anti- money laundering Money Laundering Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars worth of criminally derived money are laund Money laundering is a blanket term to describe the process by which criminals disguise the original ownership and proceeds of criminal conduct by making such proceeds appear to be derived from a legitimate source.Money laundering is an issue that traverses countless industries and sectors, which includes the financial services space. Though criminal money may be successfully laundered without the assistance of the financial sector, billions of dollars worth of criminally derived money are laund Read this Term screening.

As the first touchpoint with our clients, its important that activation is fast, seamless and effortless so that they can start trading without delays. Its all about a better experience from the very first step, Dawas added.

You may find it interesting at FinanceMagnates.com: Tickmill Integrates Copy Trading Platform of SoFinX.

New Verification Integration for Broker Compliance

Our advanced verification tools help brokers like Tickmill stay ahead of evolving regulatory demands while maximizing conversion rates and safeguarding traders from digital hazards, commented Andrew Sever, co-founder and CEO of Sumsub.

The goal of the integration is to make it easier for new users to open accounts and begin trading. Tickmill provides access to several asset classes, such as currencies, commodities, indices, stocks, ETFs, and cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term . The verification tools are designed to support compliance while speeding up the user registration process.

What makes this partnership even more meaningful is our shared vision of building a secure digital future where people from all over the world can access financial services online with trust and confidence, Sever concluded.