Jumio unveils extended KYX Platform at Money20/20 USA

KUALA LUMPUR, Oct 25 (Bernama) -- Jumio, the leading provider of end-to-end identity proofing, risk assessment and eKYC/AML compliance solutions, has unveiled its extended Jumio KYX Platform at Money20/20 USA, with an integrated orchestration hub benefiting from the company’s acquisition of 4Stop.

“The new innovations and scope of Jumio’s extended KYX Platform is proof of our unwavering commitment to eliminating digital fraud.

“Jumio continues to lead the industry with solutions powered by AI, biometrics and other innovations that help organisations outpace tech-driven fraud advancements, which are expanding in terms of volume, origin and sophistication,” said Jumio Chief Executive Officer, Robert Prigge, in a statement. 

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 organisations in more than 200 countries and territories, Jumio is delivering on its promise to eradicate online identity fraud and accelerate digital trust for all.

The Jumio KYX Platform helps businesses know and trust their users, players, patients – whoever the “X” is in their business – online. 

Its intuitive orchestration hub assists professionals tasked with protecting the organisation and its customers from fraud, money laundering and other financial crimes during account onboarding, authentication and ongoing transaction processes.

Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe, Asia Pacific and the Middle East.

-- BERNAMA