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Industry News: The Technology of Financial Inclusion in Africa

With close to 80% of African families still without access to a conventional banking system, there is much work to be done to get basic financial services into the hands of the 1.1bn people that inhabit the world’s second most populous continent. Of that number, around 90 million people have household incomes exceeding $5,000, meaning … Click to continue…

Money 2020

Last week saw the biggest trade show for the payments and financial industry take Las Vegas by storm at the Aria hotel. Here at Jumio we have been partnering with Money 2020 since its inception and after the first two brilliant years we are pleased to report that year three was also a great success … Click to continue…

Money 2020

Businesses Engaging in Social Media a Hot Bed for Identity Theft

Everyday businesses use social media as a means to promote themselves directly to customers. And while social media has created no-cost marketing opportunities is has also created risks, such as identify theft and possible data breaches. Social media provides a multitude of positive opportunities, including increased business and customer connections as well as a key … Click to continue…

Jumio Launches BAM Checkout to Further Streamline Mobile Transactions

Despite a steady stream of new apps vying for consumer attention and numbers predicting the highest mobile holiday shopping season to date, shopping cart abandonment is a problem that continues to plague etailers, with rates of checkout abandonment on the rise. Today, Jumio introduces BAM Checkout, a new, all-in-one credit card and identification scanning technology … Click to continue…

easyJet’s mobile app reaches new heights with help from Jumio

easyJet’s mobile app has been downloaded over 10 million times to date. Now, the check in process for easyJet customers will be even easier, thanks to Jumio’s Fastfill, enabling passengers to scan their passports using their mobile phones. This data extraction solution has been integrated into easyJet’s mobile app. As the UK’s largest airline, easyJet … Click to continue…

Online Card Fraud Hits Record High

New figures show that in the first half of this year a record £174 million was lost on cards due to fraudulent payments. According to Financial Fraud Action UK, the growing trend for online shopping has pushed up the figure to the largest half yearly total ever recorded by the organisation; an estimated £110 million. … Click to continue…