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Call to Action: Protect College Students from Online Fraud

Protecting College Students from Online Fraud: A Call to Action for Higher Education Institutions

May 23, 2024

In an era where technology is the foundation of everything we do, the rise of deepfakes and identity theft presents significant challenges for college students and the institutions that serve them. As these threats evolve, higher education institutions must adopt comprehensive strategies to protect their students and themselves from fraud. This involves not only educating…

image of women sitting down with her legs crossed looking at her smart device. The women is wearing glasses with a suitcase next to her. Text on image reads: Know Your Traveler.

How to Increase Customer Satisfaction and Reduce Fraud in the Travel and Hospitality Industry

May 22, 2024

With the dramatic rise of criminals using generative AI to defraud companies, it’s not just banks and financial services organizations who are at risk. Companies in the travel and hospitality industry — and their customers — are increasingly suffering from fraud attacks. Meanwhile, 75% of travelers say they’d rather use biometrics in place of passports…

The Rise of Cross-sector Collaboration in the Payments Industry

May 16, 2024

As the payments industry grapples with increasingly sophisticated fraud technologies such as deepfakes and generative AI, the importance of collaboration across sectors is gaining recognition. Financial institutions, ecommerce sites, government agencies and others are realizing that cooperation and sharing of fraud data can drastically reduce crime and financial losses. Let’s take a closer look at…

blog text reads: Infographic. Jumio 2024 Online Identity Study. 3 Key findings. Jumio logo

3 Key Findings from Jumio’s 2024 Online Identity Consumer Study [Infographic]

May 14, 2024

Now in its third year, the annual Jumio Online Identity Study explores consumer awareness and sentiment around issues involving online identity, fraud risks, and current methods used to protect consumer identity data. This year’s results highlight significant concerns among consumers about the risks associated with generative AI and deepfakes, including the potential for increased cybercrime…

image of woman taking selfie with face biometrics lines. Phone screen with selfie is shown in middle of image. Image text reads: Outsmart fraud.

How Regional Banks Can Outsmart Fraud

May 08, 2024

In the ever-evolving landscape of finance, regional banks are vital players in providing banking services to their communities. However, they face a significant challenge in combating fraud, which threatens the security of their customers’ financial assets and erodes trust in their institutions. Check fraud is especially problematic and is growing at an alarming rate. Regional…

The Power of Real-time Course Correction

How to Boost Conversion Rates During Onboarding with Real-time Course Correction

May 07, 2024

With deepfakes on the rise, establishing trust online has never been more important. But sacrificing user experience — and losing customers as a result — is not an acceptable trade-off. Successful businesses use advanced identity verification solutions that can detect deepfakes and stop fraudsters while providing a streamlined onboarding experience for legitimate customers. In fact,…

7 KYC Onboarding Trends for 2024

The KYC Onboarding Process for 2024: What’s Changed?

May 01, 2024

Know Your Customer (KYC) procedures are critical processes for financial institutions and other high-fraud-risk organizations onboarding new customers. But as customers’ preferences for digital onboarding emerge, traditional KYC identity verification processes aren’t enough to ensure safety and security for customers or the organization. KYC procedures are advancing and evolving, helping organizations improve efficiency and increase…

image text reads: Looking to reduce payment fraud? image shows green, grey and black boxes.

Looking to Reduce Payments Fraud? 7 Considerations for Choosing a Biometrics-Based Identity Verification Solution

April 29, 2024

In the age of digital transactions and online commerce, payment technologies have become an integral part of our daily lives. However, with the convenience of electronic payments comes the risk of identity fraud. As cybercriminals become more sophisticated, businesses must prioritize robust identity verification solutions to protect themselves and their customers. In this article, we’ll…

Customer Due Diligence Checklist

Customer Due Diligence Checklist: How To Improve Your CDD Processes

April 26, 2024

As financial institutions have become an essential part of the global economy, it’s increasingly important to ensure their safety and security. Implementing a Know Your Customer (KYC) process is critical to understanding their customers and identifying potential risks or threats. Customer due diligence is a key component of the KYC process. By conducting customer due…

KYC APIs: A How-To Guide to APIs for Identity Verification

How KYC APIs Can Unlock Increased Efficiency Relating to New Identity Verification

April 23, 2024

Know Your Customer (KYC) processes are put in place to protect against fraud, identity theft and red-flag transactions. And while they’re crucial for creating a safe and secure banking environment, they can often be time-consuming and resource-intensive to complete. Thanks to new technologies, KYC processes are becoming easier to manage. KYC APIs are creating new…

image of female holding phone screen. Phone is scanning face using face biometrics. Image reads: Breaking down borders with Jumio

DolarApp Case Study: Breaking Down Borders with Jumio

April 22, 2024

DolarApp aims to make finances borderless by providing digital dollar accounts for Latin Americans. DolarApp makes it possible for customers in the LATAM region to send and receive transfers locally and in the U.S., dollarize their savings in a legal way and pay with an international Mastercard in any currency at the best rates –…

Digital Identity Verification Explained

What Is Digital Identity Verification, and Why Does It Matter?

April 19, 2024

In today’s digital-first world, our most vital information exists online and in the cloud — making it more difficult than ever to keep it protected. Companies holding that sensitive information have a responsibility to keep it secure and ensure only authorized users are able to access accounts and databases. In the past, companies have relied on…