Noah and Sumsub Revolutionize Financial Onboarding with Reusable Identity Tech

Noah has teamed up with Sumsub to transform how financial firms onboard users globally. The partnership introduces reusable identity verification, cutting delays and boosting security for clients. Early results show major improvements in speed, accuracy, and user retention.

The collaboration allows Noah's clients to verify users in seconds using Sumsub's automated systems. By reusing identity data from Sumsub's network of 4,000+ institutions, customers avoid repetitive checks. This has slashed verification times by up to 70% and halved screening reviews through integration with ComplyAdvantage.

Since the partnership began, Noah's clients have reported a 220% yearly rise in successful verifications. Onboarding now takes 63% less time, and user drop-off rates have fallen by 56%. Noah maintains full regulatory control, even when reusable identities are applied, ensuring compliance remains intact.

The move aligns with growing adoption of digital ID systems worldwide. Seven countries—including Estonia, Sweden, and Germany—already use government-backed digital IDs compatible with reusable KYC. Meanwhile, the EU is testing EUDI Wallets, with around 12 member states expected to roll them out by late 2026.

Noah's long-term vision is to embed reusable identity as a core part of financial infrastructure. The partnership has nearly doubled its monthly KYC capacity, helping clients expand into new markets faster.

The deal between Noah and Sumsub sets a new benchmark for financial onboarding. Faster, more secure verification is now possible at scale, with measurable gains in efficiency and compliance. Both companies aim to make reusable identity a standard feature in modern finance.