LAS VEGAS, Oct 25 (Bernama-BUSINESS WIRE) — Jumio, the leading provider of end-to-end identity proofing, risk assessment and eKYC/AML compliance solutions, today unveiled at Money20/20 USA its extended Jumio KYX Platform, with an integrated orchestration hub benefiting from the company’s acquisition of 4Stop. The platform streamlines fraud and eKYC/AML compliance management with the intuitive one-stop orchestration hub, which brings together global data, risk signals, real-time analytics, actionable insights and a configurable rules engine to help businesses defend against fraud without compromising user experience. With over one billion identity, risk and AML transactions completed for over 1,000 organizations in more than 200 countries and territories, Jumio is delivering on its promise to eradicate online identity fraud and accelerate digital trust for all.
Organizations today must detect and respond to increasingly sophisticated fraud attacks quickly and accurately to reduce business impact while also maintaining customer trust. According to recent global Jumio research, 80% of consumers prefer the assurances delivered by digital identity verification measures when choosing online brands.