Market Guide for Identity Verification
X
Whether you need to meet compliance mandates, validate and format user addresses or simply collect additional fraud signals, Jumio offers cloud-based solutions to validate and corroborate addresses with independent, third-party sources.
Determine if the address extracted from a government-issued ID (e.g., passport, driver’s license, ID card) or other document (e.g., utility bill, bank statement) exists in the real world.
Jumio Address Validation standardizes, validates and geocodes addresses from over 200 countries and territories — in fractions of a second.
See if the person being verified actually lives at the physical address extracted from their ID or document.
Jumio checks with government, credit and commercial data sources from around the world to corroborate the physical address and verify the person’s residence.
Jumio extracts the user’s address via OCR and informed AI from the ID or document through one of Jumio’s Identity Verification services.
Jumio Address Validation checks the address against a number of trusted data sources (e.g., USPS, Royal Mail) to properly format and ensure that the address exists in a given jurisdiction. Jumio Proof of Residence then checks that the user actually lives there.
Jumio returns a properly formatted, standardized address that is compatible with postal authorities.
"Jumio enables us to cut the time it takes to verify new customers from days to seconds, through the ease of submitting documents via their document verification tool. This facilitates the company’s further expansion, while also assisting us to remain fully compliant with KYC and AML legislation in all of the relevant jurisdictions."
Powerful Fraud Signal
Help deter fraud on a global basis by confirming the existence of a given address and/or confirming the subject actually lives at the address captured on the ID or document.
Meet Compliance Mandates
Some regional regulations require you to validate addresses and establish proof of residency using independent public sources.
Properly Formatted Addresses
Jumio returns a valid and standardized address which ensures that only valid billing and shipping addresses are captured and used in your systems.
Single API
Instead of integrating multiple APIs for address and identity validation, you can now just use one API.
Lower Cost
Take advantage of negotiated lower rates based on Jumio’s global purchasing power.
Ease of Scale
Jumio provides a rich set of fraud signals using a single, underlying platform.
