UBITQUITY LLC Announces Strategic Partnership with Sumsub to Strengthen KYC/KYB/AML Compliance
FOR IMMEDIATE RELEASE
Wilmington, Delaware, USA — January 18, 2024 — UBITQUITY, LLC, the leading blockchain and real estate technology company for Real World Assets for web3 is excited to announce a strategic partnership with Sumsub, a UK-based identity verification and compliance solution provider. This collaboration aims to enhance UBITQUITY’s Know Your Customer (KYC), Know Your Business (KYB), and Anti-Money Laundering (AML) capabilities, ensuring a secure and compliant environment for its users.
Sumsub’s advanced identity verification technology will be integrated seamlessly into UBITQUITY’s platform, providing a robust and efficient solution for verifying the identities of users, preventing fraud, and meeting regulatory requirements. This partnership signifies UBITQUITY’s commitment to maintaining the highest standards of security and compliance in the real estate and title industry.
“We are thrilled to join forces with Sumsub to strengthen our KYC, KYB, and AML procedures. Security and compliance are paramount in the real estate industry, and this partnership underscores our dedication to providing a trustworthy and secure platform for our users. Sumsub’s expertise aligns seamlessly with our vision, and together, we will set new standards for secure real estate transactions,” said Nathan Wosnack, Founder & CEO at UBITQUITY.
“Having Sumsub as our KYC/KYB/AML compliance partner will also help us as we work towards our SOC 2 Type I certification with Secureframe,” added Wosnack.
Sumsub’s cutting-edge technology utilizes artificial intelligence and biometric analysis to streamline the onboarding process, making it faster and more user-friendly while maintaining the highest standards of security. This partnership will not only enhance UBITQUITY’s compliance processes but also contribute to a more seamless and secure user experience for customers using CryptoListing, NFTitle, UbitquityPay, and UbitquityAI.
About Sumsub:
Sumsub is a UK-based company specializing in identity verification, KYC, and AML compliance solutions. Their cutting-edge technology combines artificial intelligence, biometric analysis, and document verification to provide secure and efficient identity verification services for businesses across various industries.
About Ubitquity, LLC
Ubitquity, the leading blockchain-secured platform for real estate and title recordkeeping, offers a streamlined user experience for securely recording and tracking property deeds, land records, and other Real World Assets (RWA) with the power of web3: One Block At a Time®.
Ubitquity Contact:
David Simpson, CGO
Email: david@ubitquity.io
Tel: +1 (724) BITCØIN [248–2046]
Website: Ubitquity.io
