Jumio has picked up one more award to put on its increasingly crowded mantle. The company’s identity verification platform has been named the Fraud & Compliance Solution of the Year at the 2019 SBC Awards. The accolade wraps up a stellar 2019 awards campaign that began with a BIG Innovation Award in February and continued…
Jumio has released its annual Holiday New Account Fraud Report, finding that new account fraud has doubled in the years since 2014, and increased 27.8 percent over 2018 alone. Fraud rates were generally higher in emerging markets than they were in more developed areas. For the purposes of the report, new account fraud occurs…
Jumio has found another customer for its secure digital onboarding technology. The Filipino remittance provider I-Remit is deploying Jumio Identity Verification to safeguard its IREMITX digital channel, which allows I-Remit users to transfer money online without needing to pay a visit to a physical branch location. IREMITX is particularly popular with the 10 million Filipino…
Jumio, the AI-powered trusted identity as a service provider, announced gains in the speed and accuracy of its verification services, as well as a more intuitive user experience. These gains come after a two year period during which Jumio invested heavily automation enabled through a variety of machine learning, artificial intelligence, and optical character recognition…
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FindBiometrics is reporting live from Las Vegas this week, where the biometrics and digital identity industries are converging on Money20/20 USA – the world’s preeminent financial services conference. On Monday FindBiometrics President Peter O’Neill spoke with Dean Nicolls, Vice President of Global Marketing, Jumio – a pioneer in remote enrollment technology that just announced the…
Biometrics News – Facial Recognition Jumio is once again preparing to add a new product to its award-winning identity verification portfolio. The company has announced the beta release of Jumio Go, a fully automated customer onboarding platform that will allow organizations to register new users without the need for a human review during the enrollment…
The digital world is an increasingly scary place, with each passing year delivering new data breach and hacking events in which consumers’ Personally Identifiable Information (PII) is spilled into the dark web and afflicted organizations suffer significant damages to their operations and their reputations. But digital security is evolving, too, and there are compelling solutions…
Jumio continues to race ahead on the 2019 awards circuit, taking home multiple prizes at the 2019 Cyber Defense Global Awards. The company was selected as the Leader in Authentication and Most Innovative in Biometrics, while Ervinna Lim was recognized in the individual Women in Cybersecurity category. Presented by Cyber Defense Magazine, the Cyber Defense…
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…
“Our focus on verification accuracy, speed and innovation is helping us meet the needs of modern enterprises who need a reliable means of proving that someone is who they claim to be online.” Jumio is celebrating the largest sales quarter in the company’s history after sales jumped 45 percent over the same quarter one year…
Bahrain’s Bank ABC has partnered with Jumio, deploying the latter’s Identity Verification platform to facilitate customer onboarding on its digital banking channels. Jumio’s facial recognition technology will allow new customers to open a Bank ABC account without needing to visit a physical branch location. To use Jumio Identity Verification, prospective Bank ABC clients will need…
“[Jumio]’s solution combines facial recognition and document reading technology to verify the identities of end users, allowing financial services firms like BTG Pactual to automate the digital onboarding process while maintaining security and adhering to KYC requirements.” BTG Pactual has become the latest bank to embrace Jumio‘s biometric customer onboarding technology. Based in Brazil, BTG…
“…in the wake of stringent age and identity verification regulations implemented by the UK Gambling Commission, the company is looking to ensure compliance with a user friendly solution provided by Jumio.” Jumio has won another client in the online gambling space. Headquartered in Malta, Novibet operates an online gaming platform aimed primarily at the UK…
This week saw one of the industry’s most important events in Money20/20 Europe, with biometrics and other authentication technologies playing an ever-growing role in the world of financial services. And it seems that a lot of people didn’t have time to do much reading: The most popular posts on FindBiometrics this week were all interviews.…
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Of the major players that have really been at the forefront of the selfie-based authentication trend, one of the most acclaimed is surely Jumio. One of the pioneers of face-to-ID matching, the company has seen a great deal of praise and industry awards over the last few years, with the most recent examples including a…
“The companies emphasized the S3 Suite’s support for multiple different account recovery methods, allowing end customers to configure their policies according to their particular needs and preferences.” Nok Nok Labs has integrated Jumio technology into its S3 Suite biometric authentication platform, enabling new account recovery options. While Jumio is best known for its selfie-based authentication…
Another digital-focused platform is taking advantage of Jumio‘s identity verification technology: The company has announced a partnership with TruNarrative, an anti-fraud, eKYC and AML compliance platform. The partnership will extend Jumio’s identity verification solutions to TruNarrative’s client base through the latter’s ‘Appstore’ solutions portfolio, allowing them to take advantage of its extensive ID document verification…
“As Monzo continues to grow, we know that Jumio will scale with our business, helping Monzo create the best-possible experience for our banking customers while fighting financial crime,. – Natasha Vernier, Head of Financial Crime, Monzo Jumio has renewed its award-winning partnership with Monzo. The two parties first teamed up back in 2017, with Jumio…
“Other highlights noted in the update include Jumio’s multiple industry awards over the course of the first quarter…” Jumio is celebrating continuing revenue growth in its first quarterly update for 2019. The privately held company says it saw a 60 percent jump in sales year-over-year for Q1. Jumio also pointed to a number of other…