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Home / Players / Sumsub Launches Real-Time Bank Account Verification to Combat Financial Fraud in South Africa
Sumsub Launches Real-Time Bank Account Verification to Combat Financial Fraud in South Africa

Sumsub Launches Real-Time Bank Account Verification to Combat Financial Fraud in South Africa

2026-08-13  Per Henrikson

Sumsub has launched its Bank Account Verification (BAV) solution in South Africa, providing real-time identity matching through the SARB AVS infrastructure. This document-free tool allows regulated businesses to verify account ownership instantly, reducing financial fraud risks like money-muling while ensuring a seamless, privacy-first digital onboarding experience.


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