Comparison
Bits vs Sumsub
Sumsub grew out of consumer identity verification and offers a broad verification suite across many countries and industries. Bits is built around the business onboarding, risk and monitoring lifecycle of regulated financial companies in Europe.
Choose Bits if
You onboard businesses and individuals in Europe and want KYB, risk scoring, monitoring, cases and automation on one customer record, built around EU requirements and AMLR 2027.
Choose Sumsub if
You need high-volume consumer identity verification across many countries and industries, with document, liveness and video checks and self-serve pricing.
Side by side
KYC identity verification
Yes. eIDs such as BankID and MitID built in, plus ID document checks through integrated providers
Yes. Core product, with 14,000+ document types, liveness, NFC and video ident
KYB, registries and UBOs
Yes. Registry data and UBO mapping built in, across the Nordics and Europe
Yes. Registry checks and UBOs in the same flow, partly through third-party registry providers
Hosted no-code onboarding flow
Yes. Brandable no-code onboarding flow with questionnaires
Yes. Workflow Builder, questionnaires and hosted verification links
PEP, sanctions and adverse media
Yes. Built into onboarding and ongoing monitoring
Yes. AI review on top of ComplyAdvantage screening data since March 2026
Ongoing monitoring and periodic reviews
Yes. Data updated daily, with review intervals per risk level
Yes. Continuous re-screening and periodic KYB rechecks
Customer risk scoring
Yes. Your own variables and weights on a 1.0 to 4.0 scale, with models per market
Yes. Configurable factors and weights
Transaction monitoring
Yes. Rules read the customer’s risk score and history
Yes. 600+ prebuilt rules plus custom rules, on the custom plan
Case management
Yes. Cases collect the customer record, triggered rules and linked transactions
Yes. Case templates, four-eyes approval and FIU reports
Workflow automation across modules
Yes. Procedures connect modules and your own systems without code
Partial. The Workflow Builder centres on verification steps
Credit decisioning
Partial. Credit data can feed onboarding flows and rules
Not a core product
Regulatory reporting
goAML SAR and STR reports for Sweden and Finland
goAML-format reports from transaction monitoring
Data providers
60+ built-in data sources
Marketplace of about nine partners, mostly crypto and AML data
API
REST API and webhooks
Full API and WebSDK
Pricing
Not public. Free sandbox trial
Entry plans from $1.35 per verification. KYB and transaction monitoring on custom quote
Headquarters
Stockholm, Sweden
London, with offices across Europe, Asia, the US and the Middle East
Where Sumsub is strong
Depth and global reach in identity verification: documents, liveness, NFC, video ident and reusable KYC.
A broad single-vendor suite that also covers fraud, crypto monitoring and the Travel Rule.
Transparent, self-serve entry pricing with a free trial.
Where Bits differs
Bits is built around KYB and the AML risk lifecycle of EU regulated financial companies, with Nordic and European eIDs and business registries built in.
Bits Procedures automate across every module and your own systems, with triggers, rules, webhooks, Slack and email.
Bits keeps onboarding, screening, risk scoring and monitoring on one data model, which is what AMLR 2027 expects.
Sources
This comparison is maintained by Bits Technology and based on public information on the date above. Vendor claims are their own, and products change, so check each vendor’s website for current details.
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