Worldwide new account fraud declined 23.2% in 2020
New account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results, according to Jumio. At the same time, selfie-based fraud rates were …
Jumio acquires AML platform from Beam to strengthen its anti-financial crime marketplace position
Jumio announced that the company acquired the AML platform from Beam Solutions, a San Francisco-based startup focused on transaction monitoring and KYC. Jumio will integrate …
Jumio’s AI-powered identity verification solutions now available for Microsoft Azure Active Directory B2C
Jumio announced that its AI-powered identity verification solutions are now available to Microsoft Azure Active Directory External Identities for B2C customers. Azure Active …
Jumio and AAMVA help organizations better detect new account and synthetic fraud attempts
Jumio announced the launch of a suite of data-driven services including address validation, proof of residence and a new partnership with the American Association of Motor …
How to balance privacy concerns around facial recognition technology
There has been global uproar regarding facial recognition technology and whether and when it’s ethically sound to use it. Its use without citizens’ consent could have …
New account fraud has more than doubled since 2014
New account fraud increased 27.8% worldwide YTD in 2019, compared to full-year 2018 results, and more than 100% compared to 2014 levels, Jumio reveals. Surprisingly, attempted …
Jumio’s investment in AI, OCR and biometrics enhances its identity verification
Jumio, the leading AI-powered trusted identity as a service provider, announced the results of its two-year focus on automation, enabled through a variety of AI, machine …
New infosec products of the week: November 1, 2019
Jetico releases BestCrypt Volume Encryption Enterprise Edition for Mac Jetico launched BestCrypt Volume Encryption – Enterprise Edition for Mac. Expanding on many years of …
Jumio launches Jumio Go, a real-time, automated identity verification solution
Jumio, the leading AI-powered trusted identity as a service provider, announced the beta release of Jumio Go, the company’s first real-time, fully automated identity …
Jumio and Nok Nok Labs to offer account recovery solution
Jumio, the leading AI-powered trusted identity as a service provider, announced a new partnership with Nok Nok Labs, the trusted leader in next generation authentication. With …
Why identity verification needs to be a part of your digital transformation strategy
Smartphones and tablets are an indispensable part of daily life, and consumers expect nothing less than a streamlined mobile experience. With this in mind, businesses are …
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