Identity theft and online fraud are issues many organizations must combat. From financial institutions to retail and telecommunications, the challenge of today’s organizations is to create a seamless ID verification process while reducing transaction friction and deterring fraud.
Customers scan their ID document with their mobile phone or webcam. Jumio uses cutting-edge technologies to get the best possible image quality.
Data is automatically extracted from identity documents to definitively assess their authenticity.
Computer vision, machine learning, AI and verification experts are used together to verify IDs in real time. If authentic, customers are cleared to proceed.
“We have chosen Jumio because we wanted a fast, customer-centric solution that would offer a seamless and streamlined customer onboarding experience and ID verification, while meeting the KYC, AML and GDPR compliance requirements.”