Veridium Partners with Jumio to Deliver Groundbreaking Biometric Identity Verification to Fight Fraud and Streamline Electronic Know Your Customer (eKYC) Initiatives
Veridium’s vision of enabling security Trusted Digital Identities was further enhanced after signing a strategic partnership agreement with Jumio, a leading provider of AI-powered end-to-end identity verification and eKYC solutions. This powerful partnership brings flexibility of choice and stronger security for eKYC (Know Your Customer) use cases, allowing organizations to apply industry-leading capabilities for facial, document and fingerprint biometric recognition for identity verification.
Marketing Technology News: Avtex Wins 2021 Pandemic Tech Innovation Award
“Our groundbreaking solutions help prevent fraudulent system access saving organizations millions of dollars as well as meet regulatory compliance.”
The joint solution builds on Veridium’s and Jumio’s core strengths to bring a combined multimodal biometric verification capability, providing flexibility of choice and increased levels of identity assurance to create a Trusted Digital Identity for user access to business-critical data, applications and systems.
“We are happy to partner with Veridium to offer a complete biometric identity verification solution for markets and industries where both technologies are mandated,” said Dean Hickman-Smith, chief revenue officer, Jumio.
“The combined strength of Jumio and Veridium delivers exceptional levels of identity assurance as well as performance through our combined multimodal biometric approach,” said Ismet Geri, CEO, Veridium. “Our groundbreaking solutions help prevent fraudulent system access saving organizations millions of dollars as well as meet regulatory compliance.”
Marketing Technology News: MarTech Interview with Gary Burtka, VP U.S. Operations at RTB House
Highlights of the Jumio/Veridium joint solution include:
- Customer Identity Verification – Establish the true identity of your customers with facial and/or fingerprint biometrics. Leverage government documentation and/or national identity databases to securely, reliably and remotely identify individuals who wish to sign up for services in your organization.
- Workplace Identity Verification – Verify the identity of your remote employees through government documentation and/or national identity database checks. Mitigate against fraudulent system access by creating Trusted Digital Identities through remote and secure Know Your Employee services.
- Flexible Configuration – This combined solution provides capabilities to identify individuals securely and remotely through a combination of government documentation, facial recognition or fingerprint biometrics. This is all delivered through a remote and secure mobile solution.
- Fraud Detection – Establishing a Trusted Digital Identity through biometric identity verification enables organizations to reduce fraudulent account setup and access, reduce costs and meet regulatory compliance.