Monday, 22 April 2019

Jumio records 60 per cent revenue growth in first quarter 2019

KUALA LUMPUR, April 19 (Bernama) -- Continued investment in AI and machine learning has resulted in 60 per cent revenue growth in the first quarter of 2019 for Jumio, the leading AI-powered trusted identity as a service provider.
The company has also celebrated a successful start in 2019 with new product launches, an expanded global footprint and multiple key award wins, according to a statement.

“We’re off to a great start in 2019 with the addition of Jumio Authentication and Jumio Screening, which strengthen our product portfolio of AI-powered solutions to defend against account takeovers and sophisticated money laundering schemes,” said Jumio president, Robert Prigge.
Jumio Authentication is the first video-selfie authentication solution in the market to combine facial biometrics for initial identity proofing and ongoing user authentication, enabling companies to use the same biometric to corroborate user identities.
Meanwhile, Jumio Screening is a fully automated anti-money laundering screening solution that integrates ComplyAdvantage, a dynamic real-time database of people and companies that pose financial crime risk.
Jumio is also notable for achievements, including new sales office established in Brazil; named in the Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2019; and recognised in a number of awards.
For more information, contact https://www.jumio.com.
-- BERNAMA

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