Jumio, Backbase to deliver AI-powered identity verification

Wednesday 11 July 2018 11:48 CET | News

Jumio, the AI-powered trusted identity as a service provider, has announced a partnership with Backbase, the omnichannel digital banking platform leader, to deliver identity verification services. 

The companies aim to help financial service organizations to optimize conversions, deter fraud and meet KYC, AML and GDPR compliance mandates within the digital banking experience.

Now, customers on the Backbase digital banking platform can add Jumio’s online identity verification capabilities to boost the onboarding experience. By integrating these AI-powered identity services, financial institutions can deliver a compliant identity verification process within Backbase’s digital banking platform.

Jumio and Backbase already share several common banking customers including HSBC and Metro Bank.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Jumio, Backbase, identity verification, compliance, KYC, digital banking
Countries: World