Eliminate fraudulent access with remote & secure customer identity verification

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Presented by

John Spencer Chief Strategy Officer at Veridium & Reinhard Hochrieser VP of Global Product Management at Jumio

About this talk

Synthetic identity theft is the fastest growing type of ID fraud thanks to increasing data breaches. The bad guy combines elements of fictitious and real stolen identity data to build convincing fake identities. Over 85% of synthetic fraud identities are easily slipping past risk detection systems. Biometric verification driven by machine learning technology provides a more reliable and convenient way to verify user identities during online onboarding. Fingerprint and facial biometric are the two more widely adopted verification methods. Join Jumio and Veridium in this fireside chat to learn more about: - The options of AI-powered biometric verification technologies available in the market and the key factors to consider when deciding on the biometric verification method - Why multimodal biometric verification is recommended to help eliminate fraudulent access to accounts - Use case on how Jumio facial biometric verification and Veridium fingerprint verification are combined in a single application to deliver higher levels of identity assurance for organizations.
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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.