TRM Labs, a leading provider of blockchain intelligence solutions, has officially announced a strategic integration with Sumsub, a global leader in verification.
According to certain reports, the stated new integration makes it possible for Sumsub users to leverage TRM’s risk intelligence and screen wallet addresses, score transactions, as well as review risk signals in real time. This it also does all in a single dashboard.
To understand the significance of such a development, we must take into account one report from Chainabuse where it was revealed that instances of generative artificial intelligence (genAI)-enabled scams, between May 2024 and April 2025, went up by a staggering 456%, compared with the same period in 2023-24.
In case things weren’t bad enough, a separate line of data from Sumsub also goes the distance to reveal a 48% increase in fraud across the crypto industry during 2024, now representing 2.2% of all verification attempts on global crypto platforms.
Against that, Sumsub’s integration with TRM will bring, at the disposal of compliance teams, real-time risk intelligence to give them a better chance of detecting risk signals early and facilitate fast decision-making.
Talk about the given partnership’s benefits on a slightly deeper level, we begin from the promise of early risk detection. This translates to how users can proactively screen destination wallet addresses for financial crime risk, and therefore, block high-risk withdrawals before transactions are executed.
Not just that, they can further screen prospective customer wallet addresses for the purpose of identifying potential high-risk exposure to illicit actors, darknet markets, or scams as in input to inform onboarding decisions.
Next up, we have a functionality of advanced risk scoring coming into play. You see, one can assess risk based on exposure to threat categories and entity profiles. The stated process is only made by TRM’s industry-leading attribution to detect crypto fraud and other suspicious activity early.
Hold on, we still have a couple of bits left to unpack, considering we haven’t yet touched upon the prospect of unified and real-time risk monitoring, something which helps you access a single dashboard view of identity and on-chain risk so to enable faster, data-driven compliance decisions.
Rounding up highlights would be an aspect revolving around automated compliance workflows, workflows that let users define custom alert rules to streamline transaction monitoring and fraud prevention, reduce manual effort, as well as shrink the number of false positives.
Among other things, it ought to be acknowledged that users can also come expecting to seamlessly connect existing TRM subscriptions with Sumsub’s platform via the Bring Your Own Key (BYOK) model. Such a mechanism, like you can guess, empowers clients to use their own keys in the context of managing and securing their data to ensure full control over sensitive information.
Founded in 2015, Sumsub’s rise up the ranks stems from its customizable KYC, KYB, Travel Rule, Non-Doc Verification, AML Screening, Address Verification, Crypto Monitoring and Fraud Prevention solutions. The company, thanks to these solutions, has been able to aid its customers with verification process, welcoming more customers worldwide, maximizing pass rates, meeting compliance requirements, reducing costs, and protecting their business.
The company’s excellence in what it does can also be understood once you consider it currently enjoys more than 4000 clients across crypto, fintech, gaming, mobility and edtech industries,
Turning our attention towards TRM, it makes a case for itself by providing blockchain analytics solutions to help law enforcement and national security agencies, financial institutions, and cryptocurrency businesses detect, investigate, and disrupt crypto-related fraud and financial crime. The credibility of TRM’s solutions can be validated on the back of how they are relied upon by several leading agencies and businesses from across the globe.
“We are excited about the partnership with TRM Labs, which enhances our Crypto Monitoring solution by providing advanced blockchain risk intelligence to detect fraud and financial crime before transactions occur. Together, we enable flexible, real-time compliance decisions tailored to diverse risk profiles,” said Ilya Brovin, Chief Growth Officer at Sumsub. “This collaboration reflects a significant step in Sumsub’s platform maturity, offering clients integrated access to leading blockchain analytics providers. At Sumsub, we combine blockchain intelligence, identity verification, and behavioral fraud detection within a single platform—helping customers safeguard every step of the crypto journey.”
