Digital Transformation: Best Practices to Thwart Fraud & Preserve the UX

Presented by

Richard Thornton, Senior Partner Risk & Compliance Europe, at Wipro and Dean Nicolls, VP of Marketing at Jumio

About this talk

A recent report from Jumio found that the catch rate for selfie fraud was five times greater than for ID fraud in 2020. Faced with the fine balancing act between KYC and the need for fast and seamless customer onboarding, financial institutions need to rethink their account opening processes. Attend this Wipro/Jumio webinar to discover: - Five Best Practices to Thwart Fraud - Five Best Practices for Preserving the UX - Cynergy Bank Case Study: Reimagining the Onboarding Experience

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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 verified more than 400 million identities issued by over 200 countries and territories from real-time web and mobile transactions. Jumio’s solutions are used by leading companies in the financial services, sharing economy, digital currency, retail, travel and online gaming sectors. Based in Palo Alto, Jumio operates globally with offices in North America, Latin America, Europe and Asia Pacific and has been the recipient of numerous awards for innovation. For more information, please visit www.jumio.com.