Sumsub has unveiled automated Company-Level Risk Scoring alongside new research showing that 81% of European businesses have lost prospective clients because of onboarding delays.
The European KYB Benchmark Survey 2026 was carried out in Q2 2026 with 154 compliance and risk professionals working across banking, FinTech and digital assets. Alongside the study, Sumsub is broadening its Business Verification suite with three new capabilities aimed at the automation shortfalls the research exposes: entity-level risk scoring, automated periodic rechecks and corporate document expiry tracking.
The research paints a stark picture of the commercial damage caused by sluggish verification. Nearly 60% of firms need more than a day to verify a corporate client, and the knock-on effects are severe: 80% say existing KYB processes are holding back growth, while 59% concede that compliance complexity pushes customers to abandon onboarding altogether.
Data quality is a central culprit, with 99% of respondents encountering incomplete or unreliable company records during verification and just 5% having achieved full automation. Because automated systems still need people to resolve disputes, patchy registry data remains a hard ceiling on automation.
Sumsub’s new risk scoring engine calculates a risk score for each entity using preset or bespoke compliance rules. Ownership-weighted scores are aggregated from every associated party, from UBOs to shareholders and directors, and risk cascades automatically between subsidiaries and parent companies. The results are displayed within the corporate structure diagram, turning tangled ownership chains into workflows teams can act on.
The tools arrive amid a worsening fraud environment. Some 65% of respondents said fraud rose over the past year, and 53% experienced KYB fraud directly, driven chiefly by forged documents and fabricated identities of UBOs and directors. Sumsub’s Identity Fraud Report found global identity fraud has more than doubled recently, with forged or altered documents behind roughly half of all attempts. Looking forward, 53% of professionals expect AI-driven corporate fraud to be their toughest challenge over the next two to three years.
Sumsub chief product officer Andrew Novoselsky said, “The reality is that KYB is far from fully automated, and industry professionals recognize that AI cannot solve these persistent bottlenecks independently. Teams want to automate, but they are blocked by inconsistent data and fraud that moves faster than manual review. We added new risk scoring and continuous monitoring tools to our platform to give teams the framework to make faster, clearer decisions. This allows enterprises to maintain rigorous compliance without losing legitimate clients to onboarding delays.”
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