Eliminate fraudulent access with remote & secure customer identity verification

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’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.