Jumio KYX: Love customers, hate fraud

By Bizclik Editor
ID verification solutions provider Jumio has announced the release of a new end-to-end identity and eKYC platform...

ID verification solutions provider Jumio has announced the release of a new end-to-end identity and eKYC platform.

Designed to help build, maintain and reinforce trust for a company’s end-user, no matter which industry they operate in Jumio KYX is highly adaptive and capable of straddling the middle ground between convenience and security.

The KYX Engine is a composite of user experience expertise, AI (artificial intelligence) and machine learning, custom workflows, coverage in 200 countries across 3,500 ID types, and ‘bank grade’ security and compliance features.

Identity corroboration uses a broad range of validators, including biometrics, third-party ID confirmation, and broad databases. Furthermore, active fraud detection can pick up anomalies, conduct blocklist checks, and in some cases request more verification information like a selfie.

undefined

Jumio’s new release further solidifies its position as a trusted identity solutions leader:

  • It has validated over 300 million identities worldwide so far
  • The company now has 1,500 employees spread across 12 offices in North America, EMEA, APAC and Latin America
  • Has received industry recognition for its growth, innovation and the quality of its technology

Already trusted by leading brands like Monzo Bank, HSBC, Rappi, and United, find out how Jumio KYX can be a total solution for your business here.

Image source: Jumio

Share

Featured Articles

Five New Trends Driven by Uncertainty in Cryptocurrency

As the markets show signs of recovery from the recent cryptocurrency crash, we look at five new trends emerging from the crisis

Meta makes 2nd attempt at virtual currency with ‘Zuck Bucks'

Arthur Caplin, solicitor and specialist in tech and crypto regulatory matters at law firm BLM, discusses Meta’s latest venture into cryptocurrency.

What Technologies are Driving the Digital Wallet Trend?

The advance of technology is providing us with new ways to pay. So what are digital wallets, how do they work and what will their future look like?

Is the US$10bn Decacorn the new Unicorn for Fintechs?

Financial Services (FinServ)

Five Emerging Fintech Hubs to Watch in 2022

Financial Services (FinServ)

Why are Banks and Fintechs Entering the Metaverse?

Crypto