^{Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, today announced the highest sales of any quarter in the history of the company. (Graphic: Business Wire)}


Q2 highlights include launch of San Diego Innovation Lab, key executive hires and industry recognition for KYX Platform

PALO ALTO, Calif., July 27 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, today announced the highest sales of any quarter in the history of the company. This was fueled by an ongoing need for modern enterprises across all industries and geographies to know and trust their online users, from onboarding to ongoing monitoring.

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This success correlates with the company’s global research, which found that 80% of consumers prefer identity verification measures when choosing online brands, and that financial services (75%) and healthcare (57%) are the most important industries for online identity verification when opening a new account.

The Jumio KYX Platform makes it easy to establish the identity and risk of new users, authenticate and monitor existing users, and detect suspicious transactions to meet increasingly complex compliance mandates.

“As customer choice and satisfaction increasingly relies on an organization’s ability to protect the customer’s identity and data, leading enterprises are entrusting Jumio with the protection of their digital ecosystems more than ever,” said Jumio CEO Robert Prigge. “Our relentless focus on innovation enables our customers and partners to deliver an intuitive and cutting-edge online experience to their end users.”

Other notable achievements in the second quarter included:

To learn more about Jumio’s award-winning, AI-powered solutions, visit jumio.com.

About Jumio

When identity matters, trust Jumio. Jumio’s mission is to make the internet a safer place by protecting the ecosystems of businesses through a unified, end-to-end identity verification, eKYC and AML platform. The Jumio KYX Platform offers a range of identity proofing and AML services to accurately establish, maintain and reassert trust from account opening to ongoing transaction monitoring.

Leveraging advanced technology including AI, biometrics, machine learning, liveness detection and automation, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC, AML and GDPR. Jumio has carried out more than 500 million verifications spanning over 200 countries and territories from real-time web and mobile transactions.

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

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20220726005318/en/

Contact

U.S. Media Contact
Diana Gallagher
10Fold Communications
jumio@10fold.com
408-656-9699

Europe Media Contact
Gemma Lingham
FleishmanHillard UK
gemma.lingham@fleishman.com
+44-752-569-9347

APAC Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504

LATAM Media Contact
Karina Durán
Nasci Comunicación
karina@nasci.com.mx
+52 55 5139 5482

Source : Jumio

--BERNAMA