Global verification provider Sumsub has introduced Local Data Processing (LDP) capabilities in the Asia-Pacific (APAC) region.
The new infrastructure now operational in Singapore, Hong Kong, Indonesia, and the Philippines.
This expansion follows the company’s earlier launch in the Middle East and Africa in June.
As data privacy regulations tighten across APAC, driven by growing digital transformation and increased awareness of privacy concerns, Sumsub’s LDP solution aims to help businesses navigate these evolving requirements.
The solution addresses the need for secure and compliant data storage, particularly in countries like Singapore and Hong Kong, where local data processing regulations are becoming increasingly stringent.
LDP simplifies compliance with these local regulations by ensuring data is stored and processed locally.
Indonesia and the Philippines are also advancing their regulatory frameworks.
Sumsub’s LDP infrastructure is designed to assist regulated companies in securely managing and processing personal data, offering a suite of verification, anti-fraud, and compliance tools.
It also enhances the user experience by automatically redirecting domains to ensure seamless local data processing, regardless of the company’s headquarters, and provides centralised access to analytics and billing information from any region.
These include AML (anti-money laundering) screening, KYC (Know-Your-Customer) and KYB (Know-Your-Business) processes, as well as ongoing transaction monitoring and fraud prevention.
LDP also facilitates compliance across new markets, supporting businesses as they expand globally.
Sumsub has recently partnered with Nexus Technology in the Philippines and PT Ogya Tekno Nusantara and PT Secure Pasifik Teknologi in Indonesia to further extend its verification solutions in these markets.
“With the dynamic growth of digital businesses throughout APAC, we believe it is crucial to support regional companies throughout their compliance processes.
LDP offers a secure and user-friendly experience for businesses seeking compliant verification and fraud prevention solutions,”
said Vyacheslav Zholudev, Co-founder and CTO of Sumsub.
