FOMO Pay layers Sumsub's identity checks onto the compliance stack it already runs

"Supplementary" is the word both accounts use for where Sumsub sits in FOMO Pay's technology stack ^[3]. FOMO Pay's own word is "complementing". "Our partnership with Sumsub adds further capabilities to our verification and compliance workflows, complementing the broader infrastructure we have in place as we scale across markets," Leona Gan, FOMO Pay's director of business development, said ^[11]. Once accounts are live, Sumsub's transaction monitoring runs in addition to FOMO Pay's existing review processes, The Paypers reported ^[6].

One reading is that Sumsub supplies the part that is expensive for a single payments firm to assemble, a library of more than 14,000 identity document types from over 220 countries and territories ^[4], while FOMO Pay keeps its own judgement on customers. Another is that the supplement becomes the main layer as FOMO Pay adds markets in regions where rules vary by economy ^[2], and in-house review shrinks to exceptions. A third is that the purchase is mainly a deepfake filter bought off the shelf. I think the first fits the record best. Onboarding checks, ownership verification and anti-money laundering screening go on Sumsub's platform, while live monitoring sits beside FOMO Pay's own reviews ^[6]. The view is wrong if FOMO Pay retires those reviews, or if other payment firms in the same regions sign vendor deals that replace in-house systems.

Neither report discloses a price, a contract length or transaction volumes. Running two layers costs more than running one. Without a fee, there is no way to set the vendor bill against the cost of an in-house document library. What the purchase saves is engineering time: FOMO Pay does not have to build document coverage for more than 220 countries and territories itself ^[4]. I'd expect that budget to go where the company says it is heading, into global payments, business accounts and digital assets, along with AI and automation in its products ^[10].

The fraud case comes from the vendor. Sumsub's Identity Fraud Report 2025-26 counted a 180% rise in multi-step, AI-driven attacks globally in 2025 ^[7], or 2.8 times the prior year's level ^[14]. Fraud grew 19.8% in the Middle East and 16.4% in APAC ^[7], a gap of 3.4 percentage points ^[15] between two regions that overlap FOMO Pay's footprint ^[2]. Deepfake incidents rose 158% in Singapore and 147% in Hong Kong ^[8]. Sumsub says its liveness check catches up to 99.98% of deepfake attempts in one scan ^[5]. At that best-case rate, 2 of every 10,000 get through ^[13], and those are left for FOMO Pay's own checks.

Sumsub draws its own conclusion from those figures: fraud trends plus local rules show why payment firms need compliance systems that scale across jurisdictions ^[9]. "Our partnership with FOMO Pay reflects the growing need for scalable compliance operations, enabled by trust infrastructure that can adapt to evolving regulations and emerging fraud risks as financial services become more interconnected," Penny Chai, Sumsub's vice president for APAC, said ^[12].