Noah and Sumsub's KYC deal slashes onboarding time by 63% for global traders

Financial infrastructure company Noah has teamed up with Sumsub to speed up user onboarding across global stock markets. The partnership introduces a reusable KYC framework, allowing verified users to skip repeated checks when moving between Noah-powered platforms. Both firms aim to set a new standard for compliance and efficiency in finance.

The collaboration focuses on Sumsub's Reusable KYC system, which lets users share pre-verified identity details with consent. This cuts down on repetitive verification steps while keeping full regulatory oversight. Noah ensures all processes meet compliance rules, even when reusable identities are in use.

Noah's clients now onboard users in seconds, thanks to Sumsub's automated checks. The system boosts accuracy, tightens fraud protection, and lifts stock market success rates. Since the partnership began, Noah's successful verifications have jumped by over 220% year-on-year. User onboarding is also 63% faster, with abandonment rates dropping by 56%.

The deal has nearly doubled Noah's monthly KYC capacity. This growth supports clients as they expand into new yahoo finance markets. Noah's customers—building the next wave of global finance—now benefit from a scalable, borderless onboarding engine.

The partnership between Noah and Sumsub streamlines verification without sacrificing security or compliance. Faster onboarding and higher success rates help clients scale quickly into fresh stock markets. The reusable KYC model could shape how financial platforms handle identity checks in the future.