Sumsub Achieves Prestigious Recognition in Chartis RiskTech Quadrant for Fraud Solutions in 2026

Sumsub's 2026 Recognition in Fraud Solutions

On April 27, 2026, Sumsub, a leader in verification and anti-fraud solutions, received significant recognition in the Chartis RiskTech Quadrant® for its Enterprise Fraud Solutions. This accolade marks the third consecutive year that Sumsub has been acknowledged as a Category Leader in this vital area of financial technology. The report from Chartis, an authority in global risk technology analysis, evaluates vendors based on the comprehensiveness of their solutions and market potential, which placed Sumsub prominently among the top firms safeguarding enterprises from increasingly sophisticated fraud threats worldwide.

This recognition is part of Sumsub's long-standing excellence in the industry, which began with a similar acknowledgment in 2024. Additionally, the company garnered further accolades for its capabilities in Anti-Money Laundering (AML) Transaction Monitoring Solutions and for its premier functionality in Application Fraud and Identity Risk. Furthermore, in 2025, Sumsub earned the title of Winner in the Chartis Financial Crime and Compliance 50, consolidating its status as a robust player in the realm of fraud prevention and compliance solutions.

Phil Mackenzie, a Senior Research Principal at Chartis, remarked, "Sumsub has established itself as a formidable player across various domains, with Category Leader rankings in Enterprise Solutions, Fraud Platforms, and Payment Fraud Risk. Their identity-centric strategy combines distinctive identity signals with effective real-time fraud detection, making it especially suitable for digital-first financial firms and cross-border operations."

Andrew Sever, Sumsub's CEO and co-founder, stated, "Being recognized as a Category Leader by Chartis once again validates our commitment to providing reliable and adaptable solutions that enable businesses to navigate evolving fraud risks. As cyber fraud grows more intricate and driven by AI technology—evidenced by a staggering 180% increase in sophisticated multi-step attacks from 2024 to 2025—our focus remains on offering companies the essential tools to maintain trust, comply with regulations, and grow securely."

Sumsub’s advanced Fraud Prevention solution incorporates AI-driven anomaly detection, device intelligence, and behavioral monitoring to detect and neutralize fraud in real time throughout the entire user journey. Additionally, the company is dedicated to enhancing industry knowledge through the Sumsub Academy, offering a newly launched Fraud Prevention course designed for risk and compliance practitioners, equipping them with practical skills to counteract evolving fraud challenges.

For those interested in deeper insights into fraud trends and forecasts for 2025-2026, Sumsub has made its Identity Fraud Report available, which provides valuable analysis and predictions regarding the fraud landscape in the upcoming years.

Chartis Research is celebrated for offering comprehensive research and independent assessments of market players’ capabilities in risk and compliance categories. The RiskTech Quadrant® reports are a benchmark within the industry, providing vital information for organizations seeking to navigate the complexities of fraud in today's digital environment.

In conclusion, Sumsub's proven track record underscores its dedication to addressing the complexities of modern fraud through robust technology and a proactive educational approach. The company consistently partners with over 4,000 clients, including notable names such as Bitpanda, Wirex, and Vodafone, to ensure businesses can streamline verification processes efficiently and combat fraud effectively.

Recognized by prominent authorities like Gartner, Forrester, and IDC, Sumsub continues to redefine compliance by delivering solutions that are not only effective but also adaptable to the dynamic nature of fraud challenges. Its recognition in the Chartis RiskTech Quadrant is a testament to its unwavering commitment to excellence within the landscape of enterprise fraud solutions.

To explore the comprehensive Chartis RiskTech Quadrant® for Enterprise Fraud Solutions 2026 report or learn more about Sumsub’s offerings, visit their website.