AI & Biometrics: Unlocking the Power of Digital Transformation

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Presented by

Philip Pointner - Jumio, Ricky Lee - Sync, Danielle Herndon - Transferwise, Joshua Stephens - Current, Todd Anderson - Lendit

About this talk

A seismic shift is expected to occur with financial institutions' Know Your Customer processes over the next two years, with digital identity verification technology providing the most significant change. For decades, the only real way to verify someone’s identity online was to compare self-reported information, usually captured on an online form, to a third-party database or credit bureau. Thanks to large-scale data breaches, social engineering and malware, organisations have no choice but to adopt the most robust technologies at their disposal to ensure they know who they are doing business with. Join us to learn: - The benefit of face-based biometrics as the strongest form of online identity verification - How biometric authentication can be integrated into an organisation’s risk strategy - The potential impact of not properly vetting and verifying users
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Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides advanced risk signals, identity proofing and compliance solutions that help you accurately establish, maintain and reassert trust. Leveraging advanced technology including automation, biometrics, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions. Based in Sunnyvale, 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.