Artificial Intelligence Business Fintech News

Jumio Go Wins Gold in the 2020 Golden Bridge Business and Innovation Awards

While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%

As the COVID-19 pandemic shifts business online, enterprises can no longer rely on in-person identity verification. Addressing this challenge, Jumio Go helps companies quickly and securely onboard new customers and verify that someone’s digital identity matches their physical identity

Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announced Jumio Go was named a gold winner in the 2020 Golden Bridge Business and Innovation Awards. Jumio Go, a fully automated digital identity verification solution capable of defending against bots, advanced spoofing attacks and sophisticated deepfakes, was honored for fighting online fraud by verifying user identities remotely.

Read More: PayCertify Welcomes Tim Murphy as Chief Operating Officer

Jumio uses a unique hybrid approach of AI, machine learning and biometrics to thwart fraud, simplify compliance and determine if users are who they claim to be. Powered by AI, Jumio Go provides enterprises with a real-time, secure and reliable way to verify remote users. Given the growth of deepfakes, bots and sophisticated spoofing attacks, Jumio Go has integrated certified liveness detection to detect when photos, videos or even realistic 3D masks are used instead of actual selfies to create online accounts.

Read More: GlobalFintechSeries Interview with Chyna Qu, Co-Founder and COO at DeFinerhttps

The annual Golden Bridge Awards program recognizes and honors the world’s best in organizational performance, products and services, innovations, executives and management teams, women in business and the professions, case studies and successful deployments, public relations and marketing campaigns, product management, websites, blogs, white papers, videos, advertisements, creativity, partner programs and customer satisfaction programs from every major industry in the world. Judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2020 award winners.

This award win comes on the heels of Jumio’s record-breaking Q3 which reported the largest sales quarter in company history and an all-time record for verification transactions processed, driven by accelerated digital transformation efforts in banking, healthcare and education.

Read More : CFOs are Bracing for Increased Automation

Related posts

Optimize Enterprise Cloud Spend With the Tangoe Platform

Fintech News Desk

Front Raised Over $10Million in Seed Funding to Change the Way You Invest in Crypto and Stock

Fintech News Desk

White & Case Advises Novator Partners on Investment in Monzo

Fintech News Desk
1