Tag : eKYC

B2B Banking Compliance management Digital Featured Fintech Primers Technology

Understanding The Role Of Decentralized KYC Solutions For Today’s Businesses

Pooja Choudhary
by Pooja Choudhary0
All banks rely heavily on the Know Your Customer (KYC) procedure to confirm the identification of their clients. KYC verification is essential to stop criminal elements from using banks for money laundering schemes like drug trafficking, terrorism, and other crimes. Currently, the widely used manual KYC method is out-of-date, time-consuming,......
Banking Compliance management Consumer protection laws Digital Featured Fintech Primers

A Complete Overview Of Decentralized KYC Solutions

Pooja Choudhary
by Pooja Choudhary0
Social media and trade journals may seem to be awash in trends, but it takes time to sift through everything to find the ones that matter. This blog shall enlighten the KYC market, its data, and new tech of eKYC and digital solutions thereby in the decentralized market scenario. KYC......
Unlocking The Power Of KYC For Smart Banking Service Providers
Artificial Intelligence Banking Featured Fintech Primers

Unlocking The Power Of KYC For Smart Banking Service Providers

Pooja Choudhary
by Pooja Choudhary0
While your social media feed and industry publications often seem flooded by plenty of trends, it’s time-consuming to comb through each of these resources and identify trends. This blog shall enlighten KYC market, its data and new tech of eKYC and the digital solutions thereby. KYC has been harnessing technology......
Fintech News

Japanese Fintech Leader Smartpay First To Launch The Next Phase Of Digital Consumer Finance Through Open Banking

Fintech News Desk
by Fintech News Desk0
Japan-based fintech Smartpay has launched Smartpay Bank Direct, the country’s first digital consumer finance service that allows customers to pay for online installment purchases straight from their bank accounts. Smartpay Bank Direct emphasizes user security while delivering convenience for the consumer, through a network of 67 partner banks across Japan[1]. Smartpay......
Jumio Announces Highest Sales Quarter Ever Powered by Financial Services and Healthcare Initiatives
Finance News

Jumio Announces Highest Sales Quarter Ever Powered by Financial Services and Healthcare Initiatives

Fintech News Desk
by Fintech News Desk0
Q2 highlights include launch of San Diego Innovation Lab, key executive hires and industry recognition for KYX Platform Jumio, the leading provider of orchestrated end-to-end identity proofing, eKYC and AML solutions, announced the highest sales of any quarter in the history of the company. This was fueled by an ongoing......
Good Finance Chooses CyberLink FaceMe Facial Recognition Technology to Perform Identity Verification for Its Online Banking Services
Banking News Security

Good Finance Chooses CyberLink FaceMe Facial Recognition Technology to Perform Identity Verification for Its Online Banking Services

Fintech News Desk
by Fintech News Desk0
CyberLink’s FaceMe Fintech solution combines the latest ID authentication, facial recognition and liveness detection technologies, ensuring intuitive, accurate and secure identity validation to Good Finance’s online banking customers. CyberLink Corp., a pioneer of AI and facial recognition technologies, has partnered with Good Finance to integrate its AI facial recognition engine,......
Jumio Announces Highest Sales Quarter Ever Powered by Financial Services and Healthcare Initiatives
Artificial Intelligence News

Jumio Accelerates Digital Transformation in Middle East with KYX Platform

Fintech News Desk
by Fintech News Desk0
Move expands Jumio’s global footprint, further positions company at the heart of the region’s financial center Jumio, the leading provider of AI-powered end-to-end identity orchestration, eKYC and AML solutions,  announced the launch of a Middle Eastern solutions portfolio and the appointment of Arshad Sheikh as its first sales leader for......
Jumio Acquiring 4Stop, Redefining the End-to-End Identity Platform
Fintech News

Jumio Acquiring 4Stop, Redefining the End-to-End Identity Platform

Fintech News Desk
by Fintech News Desk0
Addition of 4Stop’s 650+ data sources will enable Jumio to orchestrate KYC, KYB and AML for complete customer lifecycle management Jumio, the leading provider of AI-powered end-to-end identity orchestration, eKYC and AML solutions, announced that the company is acquiring current strategic partner 4Stop, the leading data marketplace and orchestration hub......
Global New Account Fraud Decreased 23% in 2020, According to Jumio's Holiday Fraud Report
Artificial Intelligence Fintech News

Global New Account Fraud Decreased 23% in 2020, According to Jumio’s Holiday Fraud Report

Fintech News Desk
by Fintech News Desk0
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification declined 23.2% worldwide YOY in 2020, compared to 2019 results. At the same time, selfie-based fraud rates were five times higher than ID-based fraud. This illustrates the......
While Global New Account Fraud Rates Fell by 23% in 2020, Fraud Rates in the UK Climbed 28%
Artificial Intelligence Fintech News

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

Fintech News Desk
by Fintech News Desk0
New data from Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, reveals that new account fraud based on ID verification increased 28% in the UK YOY for 2020, while the global average fell 23% compared to 2019 levels. At the same time, selfie-based fraud rates were nearly......
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