With the rise of a global digital environment, Jumio’s AI-driven technology uses innovative machine learning to quickly and accurately verify a user's identity through three layers of verification.
In 2019, more than $8 billion in AML fines were handed out. By adopting ID, identity and document verification solutions, PEPs and sanctions screening, and transaction monitoring and case management, you can stay in compliance and demonstrate to regulators just how seriously you take financial crime.
Jumio makes KYC and AML easy as 1-2-3. Your users are taken through a quick series of steps that includes ID capture, a quick selfie with certified liveness detection, and are then verified in seconds. And our case management tool allows you to easily investigate suspicious activity and file regulatory reports.
CDD is the act of performing background checks on the customer to ensure that they are properly risk-assessed before being onboarded. Jumio can help confirm that new customers are not on any prohibited lists and assess their risk factors.
"As Monzo continues to grow and pursue new markets, we know that Jumio will scale with our business and continue to provide an essential service — helping Monzo create the best-possible experience for our banking customers while fighting financial crime."