Jumio KYX Platform Wins Gold for Fraud Prevention in 2022 Cyber Security Global Excellence Awards
PALO ALTO, Calif.--(BUSINESS WIRE)-- Jumio, the leading provider of AI-powered end-to-end identity orchestration, eKYC and AML solutions, today announced that it was named a gold winner for fraud prevention and silver winner for AI in security in the 2022 Cyber Security Global Excellence Awards. Jumio was honored for its KYX Platform, a unified identity verification, eKYC and AML solution that enables companies to accurately establish, maintain and reassert customer trust from account opening to ongoing transaction monitoring.
The Jumio KYX Platform leverages AI, biometrics, machine learning and certified liveness detection to help rapidly convert customers, stop fraudsters and maintain KYC and AML compliance. The key features and advantages of the KYX Platform extend an organization’s ability to monitor customer behavior from the initial point of account creation through the full lifecycle of customer interactions. Businesses can tailor the Jumio KYX Platform to fit their unique needs and risks and tap into services that accelerate digital transformation without sacrificing security and convenience.
“Today’s tech-savvy cybercriminals have the knowledge and tools to conduct sophisticated remote attacks. Consequently, organizations have been heavily relying on Jumio’s KYX Platform to remotely verify users and defend their operations from fraudulent transactions,” said Jumio CEO Robert Prigge. “Jumio’s recognition in the Cyber Security Global Excellence Awards validates our strategic vision to redefine the end-to-end identity industry by helping organizations instill trust in their online channels, meet AML and KYC compliance and fight fraud and financial crime.”
The Cybersecurity Global Excellence Awards recognize cybersecurity and information technology vendors with advanced, ground-breaking products, solutions and services that are helping set the bar higher for others in all areas of security and technologies. More than 55 judges from around the world representing a wide spectrum of industry experts participated in the judging process.
When identity matters, trust Jumio. 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 carried out more than 500 million verifications spanning over 200 countries and territories from real-time web and mobile transactions.
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. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners."