Digital identity verification company honored for fighting fraud and helping customers manage KYC compliance requirements
Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, announced that it was named a gold winner in the 2021 IT World Awards. Jumio was honored for its KYX Platform, a unified identity verification and eKYC solution, which adapts to the unique needs and compliance risks of organizations.
The Jumio KYX Platform knocks down one of the biggest hurdles to digital transformation for many organizations — the identity verification and eKYC process. Whether it’s a customer, user, patient, employee, business partner or student, Jumio helps modern enterprises know, then trust the ‘X’ in their business. The platform enables organizations around the globe to manage compliance requirements, such as KYC, AML and GDPR, by providing a layered approach to identity proofing and corroboration.
“User verification has never been more crucial and challenging for enterprises as face-to-face verification is no longer feasible. Fraudsters are finding new ways to exploit remote operations and impersonate users with stolen data or commit account takeover,” said Robert Prigge, CEO of Jumio “Jumio’s gold IT World Award win validates our efforts to provide a secure, comprehensive solution that helps enterprises confirm user identity, prevent fraud and safely onboard customers.”
More than 65 global industry experts participated in the judging process. The IT World Awards recognize information technology and cybersecurity vendors with advanced, ground-breaking products, solutions, and services that are helping set the bar higher for others in all areas of technology and cybersecurity.
“The information technology industry continues to show its resilience,” said San Madan, co-President of Globee Awards. “The tech sector is robust and innovative. And the pandemic has changed the way people live, work, shop, and socialize thereby accelerating demand for newer technologies and innovations everywhere.”
When identity matters, trust Jumio. Jumio’s mission is to make the internet a safer place by protecting the ecosystems of businesses through a unified, end-to-end identity verification and eKYC platform. The Jumio KYX Platform offers a range of identity proofing and AML services to accurately establish, maintain and reassert trust from account opening to ongoing transaction monitoring.
Leveraging advanced technology including AI, biometrics, machine learning, liveness detection and automation, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC, AML and GDPR. Jumio has carried out more than 400 million verifications spanning over 200 countries and territories from real-time web and mobile transactions.
Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe and Asia Pacific and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.