Jumio Document Verification is the ideal automated solution for financial institutions and other online businesses that must comply with AML requirements designed to stop corruption, money laundering and the funding of illegal activities.
Customers take a picture of a utility bill or credit card statement and we'll extract address information in seconds.
Computer vision technology and artificial intelligence deliver 100% extraction accuracy, automatically.
The end user easily captures secondary document types such as utility bills, bank statements, credit card statements and Social Security cards with their smartphone or webcam.
Jumio finds and masks sensitive data such as credit card numbers and other PII data.
Business customers can then compare the address on scanned documents with information on file or information collected during the identity verification or onboarding process.
"There was definitely an increase in conversions as a result of implementing Jumio, and a big step change for us compared to when we were doing manual reviews. That helped us in a real, tangible way. It was very impactful for onboarding and conversions."