Sumsub finds 1 in 100 involved in fraud, updates prevention platform

One out of every 100 users on a digital platform or service is a member of a fraud network, according to internal research revealed by global verification platform Sumsub.

As many as 10.2 percent of users in Bangladesh are in fraud networks, while 4.6 percent of users in China could be described as leaders of fraud rings. The U.S. and UK, on the other hand, each had only 0.2 percent of users involved in fraud rings.

Sumsub found that …

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