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BUSINESS

Jumio announces 4Stop acquisition completion

20/01/2022 01:41 PM

KUALA LUMPUR, Jan 20 -- Jumio, the leading provider of AI-powered end-to-end identity orchestration, eKYC and AML solutions, has announced completion of its acquisition of 4Stop, the leading data marketplace and orchestration hub for KYB, KYC, compliance and fraud prevention.

4Stop’s hub integrates with multiple vendors giving access to more than 650 data sources across 195 countries.

This technology, when combined with Jumio’s award-winning solutions, will enable organisations to manage the entire customer identity lifecycle within a single, unified platform and allow for rapid configuration and integration through one easy and intuitive API layer.

They’ll also have an integrated and comprehensive view of their entire system, ensuring superior monitoring and risk management.

“Jumio is once again disrupting the entire identity industry and redefining what modern organisations need in order to provide complete customer lifecycle management,” said Jumio CEO, Robert Prigge based on a statement.

“We are thrilled to complete this acquisition and welcome 4Stop to the Jumio family.”

Jumio, which helps organisations fight fraud and financial crime, operates globally with offices in North America, Latin America, Europe and Asia Pacific and has been the recipient of numerous awards for innovation.

Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.

For more information, visit www.jumio.com.

-- BERNAMA


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