‘Sharetheload, global peer to peer delivery start-up, will power customer ID authentication and verification and onboarding with a global ID provider, SumSub using AI. Sharetheload now incorporates forensic level ID authe
SumSub a global provider of identity verification (IDV) technology, and Sharetheload a start-up in the peer-to-peer delivery space, signed a strategic alliance to power safe, fast, and affordable digital transactions to Sharetheload customers.
The introduction of these two companies was facilitated by the founder Tarek Mohamed, as part of its goal to promote a trusting environment amongst users to send and deliver packages locally, domestically, and internationally to combat the last mile.
As a people trusting service, Sharetheload selected SumSub to implement their solution after conducting extensive vendor selection process among competitors in the identification industry.
With the rise of Machine Learning and Artificial Intelligence, SumSub’s technology and Sharetheload’s Peer to Peer Parcel delivery harnesses both technology and humans respectively in creating a better world for the future and giving people autonomy and flexibity with their lives in creating a more trustful world.
Sumsub is an all-in-one verification platform that secures every step of the customer journey. With Sumsub's customizable KYC, KYB, KYT, and AML solutions, you can orchestrate your verification process, welcome more customers worldwide, speed up onboarding, reduce costs and steer clear of digital fraud.
Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average. Its AI-driven anti-fraud tools and in-house liveness technology make user onboarding fast yet secure, helping businesses scale to international markets with ease. Sumsub drives the industry with visionary and user-friendly products, such as document-free verification and digital IDs.
Sumsub's methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS, BaFin). As the first regulated compliance-as-a-service provider, Sumsub has a team of compliance experts ready to consult on regulatory specifics worldwide.
Sumsub has over 2,000 clients across the fintech, crypto, transportation, trading and gaming industries including Binance, Mercuryo, Bybit, Huobi, Unlimint, DiDi, Poppy and TransferGo
Sharetheload, based in Hong Kong, is a trailblazing online service for peer-to-peer parcel delivery. The innovative platform is safe, escrow-supported, and offers live GPS parcel tracking worldwide. Sharetheload envisions a world in which users can interact with one another while also making money, having freedom, and having fun.
Company Name: SumSub
Contact Person: Polina Uzhva
Email: [email protected]
Release ID: 490886