NICE Actimize has added another high-profile partner to its rapidly expanding X-Sight Marketplace, announcing that Jumio’s identity verification technology will now be listed on the platform. The X-Sight Marketplace collects a range of financial crime and risk management solutions, making it easy for financial institutions to keep up to date with the latest security innovations and regulatory standards.
Jumio, of course, is an award-winning provider of identity verification services that streamlines the customer onboarding process with selfie-based biometric authentication. The company’s solutions are compliant with existing Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, which helps reduce the threat of fraud for financial institutions.
“We are excited that Jumio shares our common goal of fighting financial crime through the benefits of a marketplace ecosystem,” said NICE Actimize CEO Craig Costigan.
“There is strong synergy between the industry-leading financial crime solutions that NICE Actimize offers its community,” said Jumio Head of Worldwide Partnerships Stephen Kearney. “With the increased emphasis on digital identity and KYC, this is a perfect opportunity to help the community maintain compliance.”
Those leading financial crime solutions include technology from buguroo, Facebanx, and SecuredTouch, all of which have joined the X-Sight Marketplace since NICE Actimize launched the platform in July. The partnership with Jumio suggests that NICE Actimize is hoping to maintain that trajectory.
(Originally posted on Mobile ID World)