Under the partnership: If a user has been verified previously through any Sumsub-powered platform, they no longer need to repeat document uploads or liveness checks when onboarding via a Noah-enabled service. With the user’s consent, verified identity data can be securely shared, reducing unnecessary steps and speeding up onboarding by up to 70%. Noah’s clients benefit from expanded KYC capacity, faster onboarding flows and lower abandonment rates, which supports scaling into new markets with less compliance drag. This reusable verification approach reflects a broader trend in financial services: transforming identity verification from a one-off process into a reusable compliance layer that supports diverse products, platforms and global markets.
Source: thefinrate.com