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 Beam’s suite of AML solutions into its current KYX Platform to further strengt… Continue reading Jumio acquires AML platform from Beam to strengthen its anti-financial crime marketplace position

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 Directory B2C is a customer identity access management solution. The integrati… Continue reading Jumio’s AI-powered identity verification solutions now available for Microsoft Azure Active Directory B2C

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 Vehicle Administrators (AAMVA). These new data services, when coupled with Jumio… Continue reading Jumio and AAMVA help organizations better detect new account and synthetic fraud attempts

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 potential safety benefits but is undoubtedly a violation of privacy. Unfortunately, t… Continue reading How to balance privacy concerns around facial recognition technology

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 new account fraud was 19% less during the Black Friday/Cyber Monday weekend … Continue reading New account fraud has more than doubled since 2014

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 learning, OCR and biometric-based investments and innovations. This multi-pronged … Continue reading Jumio’s investment in AI, OCR and biometrics enhances its identity verification

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 Windows support, Jetico delivers the world’s only OS agnostic tool to encrypt Ma… Continue reading New infosec products of the week: November 1, 2019

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 verification solution. It is designed to remove friction from the user onboarding proc… Continue reading Jumio launches Jumio Go, a real-time, automated identity verification solution