Here is a list of possible use-cases, including descriptions, that Jumio has already helped solve for existing customers.
Jumio’s end-to-end identity verification and authentication solutions replace outdated knowledge-based authentication (KBA) and SMS-based two-factor authentication (2FA) methods with secure authentication that is as simple as taking a selfie. Advanced 3D face map technology quickly and securely authenticates users and unlocks their digital identities.
When opening an account, customers want a fast, secure onboarding process. Identity verification plays a critical role in ensuring the person opening an account is indeed who they say they are — not a criminal using stolen identity data. The right online identity solution will let you tailor and streamline the onboarding process to bring good customers forward faster, and keep bad actors out for good.
In an ever-evolving digital world, verifying your customer’s real-world identity against their digital one is critical to keeping fraudsters out. As cyber criminals become more and more savvy, mitigating fraud risk is essential to your bottom line. Jumio offers AI-powered end-to-end identity verification and authentication solutions for organizations who want to strike the right balance between strong fraud detection and a positive user experience.
In a digital world, the need for trusted identity verification solutions is greater than ever. Verifying an identity is more than just finding a similar image or crowdsourcing identity through social or online identities. Is the person establishing an account or logging into an existing account really who they say they are? How can you know for sure?
High Risk Transactions
Establishing or re-establishing identity is critical for high risk electronic transactions that involve access to customer information or the movement of funds to other parties. These transactions require higher levels of identity assurance since they are more susceptible to fraud, account takeover and money laundering.
KYC & AMC Compliance
As global regulatory requirements and competition tightens, it is imperative your Know Your Customer (KYC) and Anti-Money-Laundering (AML) requirements without sacrificing the user experience.
Minimum age requirements in commerce are complex and constantly changing. It’s vitally important to develop an airtight online age verification process that keeps adult content, products, and services out of the reach of underage children. Jumio’s ID Verification extracts personal information, such as date of birth, from a wide variety of government-issued photo IDs which can be used to calculate the current age of the person creating the account or making an online purchase.