Press Releases  & Media Coverage

Crypto platforms across Africa are rapidly improving identity verification performance as the industry moves toward stricter regulation and stronger fraud prevention. These findings are based on Sumsub , a leading full-cycle verification platform that enables scalable compliance, which today released its fourth annual  State of the Crypto Industry report *. The new research reveals how crypto companies are balancing fraud prevention, regulatory pressure, and user experience a

New solution links AI-driven automation to verified human identity, helping African businesses address AI-driven fraud while enabling safe digital innovation.      Johannesburg - South Africa –   Sumsub,  a global verification and fraud prevention leader, announced the launch of its  AI Agent Verification  solution, a first-of-its-kind approach to controlling AI-driven automation by binding it to real, verified human identity within Sumsub’s  Know Your Agent (KYA)  framework.

By Richy Emah, Regional Business Development Director, Northand West Africa,  Sumsub   Africa’s iGaming sector is undergoing a transformation that few other regions in the world can match. Valued at $17.63 billion and projected to grow at a compound annual rate of 4.23% between 2025 and 2029, the industry is being fuelled by a youthful population, widespread mobile penetration, and a growing appetite for sports betting and online casinos. Studies suggest that between nine and

In collaboration with Statista, Sumsub released its 2nd annual Global Fraud Index, showcasing fraud trends across 100+ countries October 2025 - Africa remains the world’s most exposed region to fraud, with an average regional score of 3.84 on the  Sumsub  2025 Global Fraud Index , significantly higher than the global average of 2.79. The findings underline the continent’s continued vulnerability to digital and financial fraud, even as global efforts to strengthen fraud defenc

Johannesburg, South Africa (28 August 2025) - Africa’s iGamingsector continues to chart a unique course in the fight against fraud, recording a 14.7% reduction in fraud rates over the past two years, even as global levels rise. The findings, published in the  State of Identity Verification in the iGaming Industry 2025  report, underline the region’s progress while also exposing the challenges that still stand in the way of a fully secure and seamless player experience. Global

Africa’s iGaming sector continues to chart a unique course in the fight against fraud, recording a 14.7% reduction in fraud rates over the past two years, even as global levels rise. The findings, published in the of Identity Verification in the iGaming Industry 2025  report, underline the region’s progress while also exposing the challenges that still stand in the way of a fully secure and seamless player experience. Globally, fraud is escalating. Rates have nearly doubled f

22 August 2025    Kenya’s cryptocurrency sector stands at a pivotal juncture. At the recent Blockchain and Crypto Conference in Nairobi last month, industry leaders underscored a critical reality: while Kenya’s Web3 ecosystem has expanded rapidly, it has done so in a regulatory vacuum. Virtual asset service providers (VASPs) have long operated in a grey zone, but this is set to change.  The newly proposed Virtual Asset Service Provider (VASP) Bill (2025) promises to introduce

Africa’s digital revolution thrives against odds. As the first mobile-first continent, it pioneered transformative tech.

The rise of identity fraud in South Africa has sparked alarm, especially for citizens who still rely on green ID books. These documents,...

Sumsub unveils ‘Greenflag,’ the digital nation for 627 million people excluded from online services. Johannesburg 10 October 2024 – Today...

Tishala Communications, one of Africa's top boutique PR Agencies, has emerged as a new force in the PR industry after being honoured with...

In light of AI deepfake frauds increasing by 500% in South Africa, the global transaction monitoring and fraud detection company at the...

The rise of deepfakes, particularly in the context of African elections, poses a significant threat to the integrity of democratic...

Sumsub, a global full-cycle verification provider, today announced its Non-Doc Identity Verification solution is available in Norway and...

Sumsub, a global full-cycle verification provider, today announced its Non-Doc Identity Verification solution is available in Norway and...

A new report on the state of safety and regulation in the crypto-currency market has revealed some concerning numbers. The study, by...

New research on identity verification in the crypto industry by Sumsub finds the number of deep fakes in the sector increasing by 128%...