KUALA LUMPUR, April 22 (Bernama) -- Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, has announced a record-breaking Q1, with sales growing more than 140 per cent, with the growth spanning the globe and multiple industries, including government, financial services and mobility.
Public agencies and private organizations alike share a common need to know, then trust, their end users online. The Jumio KYX Platform makes this possible by establishing the identity and risk of new users, authenticating and monitoring existing users, and detecting suspicious transactions to meet compliance mandates.
“Government agencies are changing their mindset and now truly understand the need to implement cutting-edge identity verification technology in order to prevent scammers from impersonating unknowing citizens and to know with a high level of assurance that only legitimate end users are accessing benefits and services,” said Jumio CEO, Robert Prigge in a statement.
One of the notable achievements in the first quarter was Gartner Representative Vendor, whereby, Jumio was recognised as a Representative Vendor for the fourth consecutive time in the latest Gartner Market Guide for Identity Proofing and Affirmation, published in March.
The Guide also lists Jumio among orchestration vendors that “connect to a range of identity proofing and affirmation vendors, as well as vendors focusing on fraud detection and user authentication.”
Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe and Asia Pacific, and is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.
For more information, please visit www.jumio.com.
-- BERNAMA
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