• Sumsub, a global identity verification platform, reports a tenfold increase in deepfake detections worldwide, highlighting the sophisticated methods used in financial fraud.
  • The company prepares to launch the second iteration of its Advanced Transaction Monitoring Masterclass 2024, aiming to enhance the capabilities of over 2,500 professionals in anti-money laundering, anti-fraud, and compliance within the fintech sector.
  • Participants of the first course, predominantly from the fintech and crypto sectors, overwhelmingly endorse the program, with 99 percent attesting to its effectiveness in improving necessary skills for their roles.

Sumsub is launching its second Advanced Transaction Monitoring Masterclass to empower over 2,500 fintech professionals in combating financial crimes, following a surge in sophisticated fraud methods like deepfakes.

Sumsub fights fraud

Sumsub actively addresses the increasing threat of sophisticated financial crimes by launching a comprehensive Advanced Transaction Monitoring Masterclass. This initiative is set to bolster the skills of over 2,500 professionals in the fintech sector, who face growing challenges due to emerging technologies like AI-driven deepfakes. The course, recognised for its effectiveness, provides critical insights into anti-money laundering and anti-fraud strategies, equipping participants with the knowledge and tools necessary to safeguard their organisations. As financial threats evolve, Sumsub’s commitment to educational empowerment highlights its role as a leader in combating financial crime.

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Sumsub enhances skills

Sumsub’s second iteration of its Advanced Transaction Monitoring Masterclass aims to deepen the expertise of fintech professionals against the backdrop of escalating financial crimes. This free course, seen as a pivotal educational tool, covers a range of topics from basic compliance to complex money laundering schemes. By providing open access to a wealth of knowledge and strategies, Sumsub ensures that professionals from all levels can effectively respond to and prevent illicit activities. The course also grants a certificate upon completion, serving as a testament to the participants’ dedication and enhanced capabilities in the dynamic financial sector.