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What companies use jumio?

Posted on January 20, 2021 by Author

Table of Contents

  • 1 What companies use jumio?
  • 2 Is jumio ID legit?
  • 3 What is AML ID verification?
  • 4 What is Jumio technology?
  • 5 Is jumio verification safe?
  • 6 How can I verify my ID?
  • 7 Is customer ID same as KYC?
  • 8 How can I verify my customer ID online?
  • 9 Why do companies use Jumio to verify customers?
  • 10 What is KYX Jumio?

What companies use jumio?

Companies Currently Using Jumio

Company Name Website Top Level Industry
Binance binance.com Telecommunications
Great Eastern Life greateasternlife.com Insurance
TLV FINTECH SOLUTIONS PTE. LTD tlvfintech.com Finance
The Orange Lab theorangelab.co Business Services

Is jumio ID legit?

As far as identity verification services, Jumio is a pretty safe bet. Be sure to have software developers at your disposal to integrate Jumio into your processes.

How much does jumio cost?

Compare Jumio Identity Verification Pricing Against Competitors

Product name Starting price ($) Billed
Online Check Writer 1 –
Supermetrics 19 per month
Drag 8 per month
Lokalise 120 per month

What is AML ID verification?

AML biometric identity verification is a digital check of your client’s passport or driving licence against a series of liveness check images and a complete proof of address check. By removing the risk of human error, you get quick, accurate results to help you make an informed decision about your client.

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What is Jumio technology?

Jumio is an online mobile payments and identity verification company that provides card and ID scanning and validation products for mobile and web transactions, which they sell as “Netverify Trusted Identity as a Service”.

Is Jumio certified?

In fact, Jumio was the first identity verification solution to leverage certified liveness detection — that is, biometric-based technology that passed Level-2 certification for ISO 30107-3 iBeta Presentation Attack Detection (PAD) testing.

Is jumio verification safe?

Jumio specializes in card recognition and has developed a secure mechanism to accept credit card payments and verify IDs online. Jumio is fulfilling all security requirements and holds a patent pending on this process.

How can I verify my ID?

How to verify your identity

  1. Your State-Issued ID. You can upload a photo by phone or by computer.
  2. A phone or computer with a camera to take a photo of yourself (not always required)
  3. Social Security Number.
  4. A phone number on a phone plan that is in your name.
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Is KYC and AML the same?

The difference between AML and KYC is that AML (anti-money laundering) is an umbrella term for the range of regulatory processes firms must have in place, whereas KYC (Know Your Customer) is a component part of AML that consists of firms verifying their customers’ identity.

Is customer ID same as KYC?

Know Your Customer, commonly referred to as KYC, enables banks and financial institutions to verify the identity of their customers.

How can I verify my customer ID online?

How do I verify a digital identity online?

  1. Getting a copy of your customer’s paper ID.
  2. Doing a background check on customers.
  3. Authenticating the customer by their phone number and email.
  4. Is your customer’s ID real?
  5. Don’t let customers abandon the verification process.

How can AI-powered identity verification and AML help your business?

Jumio’s AI-powered end-to-end identity verification and authentication solutions deliver key benefits to organizations striving to maximize onboarding and meet KYC and AML regulations. Let a Jumio expert show you how easy it can be to integrate our automated identity verification and AML solutions into your existing processes.

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Why do companies use Jumio to verify customers?

“Jumio enables us to cut the time it takes to verify new customers from days to seconds, through the ease of submitting documents via their document verification tool. This facilitates the company’s further expansion, while also assisting us to remain fully compliant with KYC and AML legislation in all of the relevant jurisdictions.”

What is KYX Jumio?

Jumio KYX is the trusted identity platform for businesses that love customers and despise fraud. Customers, users, patients, employees … whoever the “X” is in your business, Jumio’s single end-to-end platform delivers the assurance you need to know, then trust.

What is an identity proofing and eKYC solution?

Jumio’s identity proofing and eKYC solutions are powered by the Jumio KYX Platform and leverage biometrics, AI and the latest technologies to quickly and automatically verify the digital identities of new customers and existing users. Jumio provides an automated and intuitive user experience that takes less than a minute to complete.

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