PALO ALTO, Calif., Oct 26 (Bernama-BUSINESS WIRE) — Jumio, the leading provider of AI-powered end-to-end identity verification, eKYC and AML solutions, today announced the launch of an intuitive no-code orchestration layer for its KYX Platform that unifies an entire set of risk and fraud detection capabilities to address identity proofing, compliance verifications and AML use cases. Jumio pioneered the ID + selfie approach to identity verification and is now significantly expanding its platform capabilities for business customers. The KYX Platform will now provide multi-layered, end-to-end risk detection with flexible workflows, increasing visibility by showing a holistic view of the consumer identity and any underlying risk.
As fraudsters become increasingly sophisticated, businesses are having to layer in countless risk signals from multiple vendors in an attempt to protect their ecosystems. The Jumio KYX Platform addresses these pain points by enabling its customers to orchestrate the controls and assurances needed to know and trust their end users — all through a single API layer powered by AI and automation, achieving record high catch rates and low false positives.