SINGAPORE, March 19 (Bernama-GLOBE NEWSWIRE) — Jumio, the leading AI-powered trusted identity as a service provider, today announces the launch of Jumio Screening. This is a fully automated anti-money laundering (AML) screening solution that integrates ComplyAdvantage, a dynamic real-time database of people and companies that pose financial crime risk.
The partnership will provide significant advantages for Jumio customers, giving them access to a global proprietary database of structured risk profiles covering enhanced sanctions, regulatory and enforcement watchlists, politically exposed persons (PEPs) and adverse media. This integration automatically flags any new online customers when they are initially onboarded (or enrolled) if their names are listed within any of these databases. The new service also delivers proactive alerts and ongoing monitoring after the initial onboarding process to help financial organisations maintain compliance. Flexible configuration options, search profiles and filters all help tailor the solution to each customer’s individual risk-configuration and help reduce false positives.