Tag "Jumio"
Navigating Asia Pacific’s Identity Fraud Landscape
Have you ever watched the chilling cult classic “Invasion of the Body Snatchers”? The 1950s alien takeover movie is best remembered for evoking paranoia about the faceless evil lurking within society. Now, 70 years later, this invasion may be more
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Learn How These Three Trends Are Redefining Fraud in 2022
When the global economy fluctuates, so does fraud. With so many forms of global disruption, fraudsters learn to find new vulnerabilities to exploit, driving fraud rates up across markets. Effectively managing fraud operations and staying ahead of attacks takes accurate,
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Top 5 Fintech Whitepapers to Keep You Future-Ready
The digital payments market in Asia-Pacific is expected to more than triple to US$67.42 billion by 2028, according to a recent estimate. That’s a healthy growth of 21.1 percent CAGR from US$17.85 billion in 2021, fuelled by customers’ familiarity with doing
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eKYC Firm Jumio Records Its Highest Sales Quarter Ever
Jumio, a provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, announced the highest sales of any quarter in the company’s history. The firm said that this was fueled by an “ongoing need for modern enterprises across all industries
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eKYC Firm Jumio Posts Record Quarter With 150% Growth in the Past Year
Jumio, a provider of AI-powered end-to-end identity verification and eKYC solutions, announced that both its sales and revenue grew over 150% in Q2 2021 from Q2 2020. This is evidenced by the large growth seen in financial services, mobile delivery
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Online Identity Verification Company Jumio Records Drop in New Account Fraud
Jumio, a leading provider of AI-powered end-to-end identity verification and eKYC solutions, said fraud rates for new account openings decreased in 2020, a trend that could be explained by rising adoption of verification methods like selfie and live capture requirements.
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eKYC Firm Jumio Secures $150 Million From Great Hill Partners
Jumio, a provider of AI-powered end-to-end identity verification and eKYC solutions, today announced it secured a $150 million investment from Great Hill Partners, a private equity firm that invests in high-growth, disruptive companies. This infusion represents the single largest funding
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eKYC Solution Provider Jumio Announces Record New Account Growth
Jumio, a renowned provider of AI-powered end-to-end identity verification and authentication solutions, today announced the biggest quarter for customer growth in the company’s history. Jumio says its growth was spurred by financial services and healthcare organizations which were forced to
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Why Fraud Detection is Imperative to Asia’s Digital Banking Revolution
In recent years, we have witnessed accelerated growth in Asia’s digital banking sector. More fintechs and newly licensed virtual banks are coming to market to address the unbanked segment, while traditional banks are transforming to manage costs and achieve operational
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The Rise of Virtual Banks in Asia is Posing New Cybersecurity, Fraud Risks: Jumio
Across Asia-Pacific (APAC), regulators are opening up their markets to new entrants that promise to transform the traditional banking model. By leveraging digital platforms and cutting-edge technologies, virtual banks aim to offer more affordable and convenient banking services, and reach
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