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FinTecBuzz

BingX Partners Up with Sumsub to Enhance its Compliance & KYC

Compliance & Scoring

BingX Partners Up with Sumsub to Enhance its Compliance & KYC

January 31, 20223 min

BingX is proud to announce its partnership with Sumsub, an all-in-one suite for identity verification, compliance, and automated fraud protection. As a social crypto exchange, BingX operates in a regulatorily sensitive space where safety, compliance, and KYC are paramount. To rise to this challenge, BingX will be integrating Sumsub’s KYC system, which uses advanced AI technology to detect and prevent potential cybercrime. BingX users will now go through a two-step verification process by 1) providing a...

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