VICTORIA, Seychelles, April 29, 2026 (GLOBE NEWSWIRE) — MEXC, the world chief in zero‑payment digital asset buying and selling, has as we speak introduced a strategic partnership with Sumsub, a world verification and fraud prevention chief, to deal with one of many crypto {industry}’s most pressing threats: AI-driven cybercrime.
With synthetic intelligence making deepfake know-how cheaper and extra accessible than ever, identification fraud is now not simply a normal compliance headache — it’s a important monetary threat. This partnership tackles the issue head on. By integrating Sumsub’s AI-powered verification instruments, MEXC is stopping deepfake impersonation and distant onboarding fraud, irrespective of how briskly our world person base scales.
The Escalating Menace LandscapeThe actuality of recent monetary crime is that static KYC measures are now not sufficient. Distinguished monetary media and world watchdogs have repeatedly highlighted how illicit actors are actively utilizing generative AI to bypass conventional safety checkpoints. Sumsub’s newest Identification Fraud Report additionally discovered that multi-step, resource-intensive fraud assaults powered by AI elevated 180% year-on-year globally in 2025, underscoring the pace at which threats are scaling. It is a systemic menace to the digital financial system. For platforms dedicated to top-tier safety, upgrading to dynamic, biometric-led defences isn’t just a technological improve. It’s an absolute necessity to guard customers and keep market integrity.
Advancing Steady Identification Assurance To remain forward of those refined assaults, MEXC is totally integrating Sumsub’s complete verification suite for KYC. This consists of ID verification, biometric liveness checks, handle verification, database validation, and instruments to conduct supply of funds checks throughout person profiles. With these capabilities, MEXC is shifting past easy, one-off onboarding checks to ongoing identification verification throughout the person lifecycle. This upgraded infrastructure options superior doc evaluation and clever, risk-based workflows that adapt to particular person behaviour. The consequence is a strong, dynamic layer of safety that safeguards our group all through their complete buying and selling journey.
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Vugar Usi, Chief Working Officer of MEXC, mentioned: “As fraud tactics become increasingly sophisticated, strengthening how platforms verify users is no longer optional — it is fundamental to maintaining trust. Our collaboration with Sumsub reflects MEXC’s commitment to enhancing identity assurance across the user lifecycle, ensuring that verification processes remain both secure and accessible. We see identity verification not as a single checkpoint, but as an ongoing process. By embedding stronger verification and monitoring capabilities into our infrastructure, we aim to better protect users while aligning with the evolving expectations of global compliance standards.”
“Crypto is moving into a regulated maturity phase, where platforms must balance stricter compliance demands, evolving fraud risks, and frictionless onboarding at scale,” mentioned Ilya Brovin, Chief Development Officer at Sumsub. “In this environment, verification can no longer function as a one-time checkpoint—it must operate as a continuous, adaptive layer across the user lifecycle. By combining automation with robust controls and real-time risk signals, platforms like MEXC can stay ahead of emerging threats while maintaining the seamless experience users expect.”
Strengthening International Compliance and TrustTrue scalability within the digital asset area means balancing safety with a frictionless person expertise. Sumsub’s automated verification permits MEXC to realize precisely that. By lowering handbook opinions and enhancing our skill to immediately detect solid credentials and impersonators, we’re constructing a scalable compliance infrastructure. This unified framework ensures strict alignment with AML and KYC requirements, reinforcing a extremely resilient and reliable surroundings for tens of millions of customers worldwide.
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To learn the way MEXC and Sumsub work collectively, discover the complete success story right here.
About MEXCMEXC is the world’s fastest-growing cryptocurrency change, trusted by greater than 40 million customers throughout 170+ markets. Constructed on a user-first philosophy, MEXC affords industry-leading 0-fee buying and selling and entry to over 3,000 digital belongings. Because the Gateway to Infinite Alternatives, MEXC offers a single platform the place customers can simply commerce cryptocurrencies alongside tokenized belongings, together with shares, ETFs, commodities, and treasured metals.MEXC Official Web site｜ X ｜ Telegram ｜ Signal Up on MEXC
About Sumsub
Sumsub is the main verification supplier for the crypto {industry}, working with 8 out of 10 prime world crypto exchanges. With Sumsub’s customizable KYC, KYB, Journey Rule, Reusable, and Web3 identification, Crypto Transaction Monitoring, and Fraud Prevention options, you possibly can orchestrate your verification course of, welcome extra clients worldwide, maximize cross charges, meet compliance necessities, scale back prices, and shield your corporation. Sumsub’s Reusable Identification product suite (together with Reusable KYC, Sumsub ID, and Web3 Attestations) offers quick and safe cross-platform entry for crypto customers, eliminating redundant KYC steps.
With over 4,000 purchasers throughout crypto, fintech, gaming, mobility, and edtech industries, Sumsub helps the biggest Journey Rule listing of two,100+ digital asset service suppliers (VASPs). Having built-in GTR (owned by Binance), CODE, and Sygna, Sumsub combines a totally interoperable Journey Rule orchestration layer with the complete set of SaaS options to automate Journey Rule message processing, knowledge transfers, reporting, and transaction screening to enhance compliance, safety, and transparency.
