November 2024

Transaction Monitoring

Multi-Factor Weighted Scoring

We have released a new feature for calculating the risk score more thoroughly—you can add weights to tags, then add the tags to your rules and get a more accurate risk assessment.

Also, the Assessment tab has been provided with a functionality to display groups of transactions/rules based on their risk types.

Report indicator in Cases table

The Cases table has been updated—once a regulatory report is generated from the case, you will see a tag showing the report type and a flag identifying a particular jurisdiction.

Rules rearrangement

Now there are separate sections for the Active and Test rules. Within each section, the rules will be displayed in an updated order—from the most critical ones to the cases that do not require urgent consideration:

• Reject
• On Hold
• Awaiting user
• Scoring
• Pre/Post scoring
• Failed rules

Improved data transparency for Payment Source checks

More data clarity and visibility have been provided:

• In the Payment source check, the more detailed information on the mismatches between specific data points will be displayed to applicants.
• If an action is created from a transaction, the number of the transaction will be shown directly on the tab of the check.

Travel Rule

Enhanced PII support for Travel Rule data exchange

From now on, all relevant personal data (DoB, country of residence, address, etc.) can be included in the Travel Rule data transfers in the Dashboard.

Adjustments for internal messaging between VASPs

The Tags and Attachment tools have been delivered to enrich messaging between VASPs on the Sumsub Travel Rule network.

Dashboard

Duplicates module redesign

The Duplicates module has been split into three tabs—Duplicates, Blacklist, and Face Matches. New design has improved clarity, space take up, and separation between applicants on different keys.

Available Database Products page update

The Available Database Products page has been released in the Dashboard to help you learn more about the Database solutions and manage them.

The Deposit/Enterprise accessibility:

• View information about all Database products and solutions in detail.
• Learn additional product details using the Contact Support button which offers subject items, chatbot communication, and support agent connection.
• Contact our Customer Success team to discuss product implementation and commercial details via the Enable button.

The Self-service (Basic and Compliance Plan) accessibility:

• View all Database products and solutions in a reduced format.
• Easily access our technical documentation which provides supporting information concerning Database Solutions.

New applicant list design

The table with the list of applicants both Individuals and Companies has been beautified. The appearance has become more smooth and in line with the rest of the design updates.

Questionnaire

Multi countries in Questionnaire

A new setting has been delivered to allow selecting multiple countries while filling out a questionnaire. The feature is available only within the WebSDK 2.0.

New API method

A new API method for getting a questionnaire structure (title, names, questions, descriptions) has been added.

Business Verification

KYB 2.0 steps expand

The KYB 2.0 steps have been enabled for all clients and all major issues have been fixed.

Address Verification

Checking VPN for Geo as PoA

Now, when conducting Geo as PoA verification, we request applicants to disable all the services that may affect accurate geolocation positioning, such as VPNs and other location services.

Travel Rule

EU regulations bundle

A new Travel Rule bundle has been delivered to ensure compliance with the EU travel rule regulations. Once the EU Travel Rule fields validation is enabled, all of the transactions (incoming and outgoing) will be covered and validated against the corresponding regulations.

The bundle can be edited to meet any needs.

New CODE integration

The Sumsub Travel Rule validation capacity has been expanded—the CODE integration has been implemented. It brings more high-quality data exchanges and thorough transfers conducted within the largest cryptocurrency exchanges in the world.

SDK

Language settings adjustments in WebSDK 2.0

Few more fresh updates in our WebSDK 2.0:

• From now on, when initializing the SDK, you can pass a translation name (translationName). See the list of WebSDK 2.0 attributes and learn how to attach translations to levels.
• The list of languages has been updated—now it displays the language name in both the original language and in English.

Business Verification

Settings update

From now on, companies can be logged as Representative and UBOs.

Company structure improvement

Company Structure has been visually improved:

• Selected company is marked by a blue chevron.
• Same applicants in the structure are highlighted by a blue frame.
• Level name can be linked to the settings overview.

Data editing

You can edit the percentage of ownership at the time of linking Existing associated parties.

Government entities

• Company type Public Agencies or Authorities has been added.
• Verification of the Canada Federal Corporation is now supported.

Transaction Monitoring

Elliptic for Crypto Transaction Monitoring

Elliptic integration is now available. This solution allows Sumsub to unify the workflows and adjust the demos of this provider, thereby streamlining your operations.

Transaction notes

Now you can get notifications about transaction notes in the Dashboard and/or to your email.

Workflow Builder

Examples section launch

A new Welcome Screen and an Examples section have been added to the Workflow Builder for better clarity and understanding of the tool.

In the Examples section, you can view the most common custom workflows with a case description and a detailed workflow diagram.

SDK

New language in WebSDK 2.0

• Norwegian

Dashboard

New permission for roles

The Create applicants permission has been delivered to enable/disable the following functionalities for a particular role:

• Create applicants via the Dashboard
• Generate permalinks
• View unilinks and permalinks
• Run verification levels

Travel Rule

Rules library expand

Support for the UTXO transactions has been added—the Travel Rule: UTXO Transaction rule is available in the Rules Library.

Address verification

New configuration for PoA documents

A new setting for blocking PoA documents by the name of organization or website has been released.

Business verification

Duplicate search among Companies

Company Similar Search has been implemented within Business verification—companies having the same Phone / Email / or Registration Number will be shown as potential duplicates.

Findings do not reject new applicants automatically.

Workflow Builder

Undo/Redo functionality in Workflow Builder

From now on, you can reverse your last actions while creating or managing flows in Draft mode.

SDK

Languages update

Serbian (Latin) has been added to Web and Mobile SDK.

The following languages have been added to the WebSDK:

• Swahili (sw)
• Zulu (zu)
• Hausa (ha)

Help Center

Video tutorials

Starting now, our help center articles will be complemented with video tutorials that can be found on the top right corner of each page.

The first video explaining how to start a team is live.