
Al Baraka Islamic Bank Prepares to Launch its First Digital Banking Platform, in Partnership with Jumio
Al Baraka Islamic Bank aims through this cooperation to create a reliable banking experience through its digital platform, which enables new retail customers to create accounts through their mobiles without the need to visit a branch. Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, announced…

Jumio Makes Strategic Regional and Product Hires to Further Accelerate Growth and Platform Sales
Trio of new hires expands upon a landmark year of record sales, new customer wins and the launch of the Jumio KYX Platform Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced the appointment of three new members to its leadership team, following a landmark year which saw it reach…

EverUp Will Offer the First UK Digitally-Native Prize-Linked Money Account by Partnering with Jumio to Streamline their Identity Proofing Processes
The prize-linked savings app EverUp has chosen Jumio’s AI-powered identity verification solutions to drive its customer onboarding and authentication processes, all while deterring fraud and meeting regulatory mandates. EverUp is a prize-linked savings startup, launching in January the first UK digitally-native prize-linked money* account. EverUp customers will earn virtual coins based on how much…

Global New Account Fraud Decreased 23% in 2020, According to Jumio’s Holiday Fraud Report
Report also found that the catch rate for selfie fraud was five times greater than for ID fraud, highlighting the growing importance of capturing a selfie during onboarding to deter new account fraud New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on…

While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%
Jumio’s 2020 Holiday Fraud Report also found that the catch rate for selfie fraud was almost five times greater than for ID fraud, highlighting the growing importance of capturing a selfie during onboarding to deter new account fraud New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that…

Jumio Go wins Gold in the 2020 Golden Bridge Business and Innovation Awards®
Automated digital identity verification solution honored for fighting fraud…

Jumio Announces Video Verification Solution to Reduce Onboarding Time, Deter Financial Crime and Streamline KYC Compliance
AI and expert review drive the verification process, and each session is recorded to provide a defensible audit trail for regulators Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced the launch of a new video-based verification solution for financial institutions and other regulated businesses. This solution is designed for…

Jumio Reports Largest Sales Quarter in Company History
Q3 highlights include the acquisition of Beam Solutions’ AML platform, the launch of the Jumio KYX Platform and the highest number of identity verification scans processed Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced the largest sales quarter in the company’s history, ending September 30, 2020. Jumio also set…

Jumio Acquires Beam Solutions’ AML Platform to Deliver the First End-to-End Identity Verification and Compliance Solution
Jumio to integrate Beam’s AML screening and transaction monitoring services into its KYX Platform to detect financial crime and streamline regulatory compliance Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, announced today that the company acquired the AML platform from Beam Solutions, a San Francisco-based startup focused on transaction monitoring and…