Tickmill Integrates KYC and AML Tools as Sumsub Expands with Chainalysis

2025-04-25T11:31:19.701+02:00

Friday, 25/04/2025 | 09:31 GMT by
Tareq Sikder

The broker will use facial biometrics, document checks, and AML screening for faster account activation.
Recently, Sumsub partnered with Chainalysis to provide KYC, AML, and transaction monitoring solutions.

Tickmill Ltd has partnered with Sumsub to improve its
onboarding process for new clients. The company has integrated Sumsub’s
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.

Sumsub Tools Applied in Tickmill Onboarding

Mariam Dawas, Tickmill’s 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, Tickmill’s
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
screening.

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

Tickmill Integrates Sumsub to Enhance User Experience and Ensure Seamless Digital Verification https://t.co/umvxxFu02p #blockchain #crypto #bitcoin #cryptocurrency #trading #Fintech #CryptoNews #BitcoinNews #CryptoWallet #CryptoMining pic.twitter.com/6TnMBTSV1r
— Global FinTech Series (@FinTech_Series) April 24, 2025

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 . 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.

Sumsub Tools Applied in Tickmill Onboarding

Mariam Dawas, Tickmill’s 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, Tickmill’s
Group Head of Back Office.

Tickmill Integrates Sumsub to Enhance User Experience and Ensure Seamless Digital Verification https://t.co/umvxxFu02p #blockchain #crypto #bitcoin #cryptocurrency #trading #Fintech #CryptoNews #BitcoinNews #CryptoWallet #CryptoMining pic.twitter.com/6TnMBTSV1r
— Global FinTech Series (@FinTech_Series) April 24, 2025