Jumio, TruNarrative Partner to Enhance Financial Crime Detection Platform

Jumio integration within TruNarrative’s unified platform to simplify
onboarding experience for new users while fighting fraud, meeting
compliance mandates

LONDON–(BUSINESS WIRE)–Jumio, the leading AI-powered
trusted identity as a service provider
, today announced a new
partnership with TruNarrative
to provide industry-leading identity verification to TruNarrative’s
single financial crime platform for fraud detection, customer onboarding
and regulatory compliance.

Online identity verification using ID documents, including driver’s
licenses and passports, is an essential part of the customer onboarding
journey to ensure that a consumer is who they claim to be. Detecting
fraudulent documents and identity fraud is becoming increasingly
important as more and more businesses move their operations online and
as the pace of identity theft and account takeover fraud continues to
increase — evaporating trust.

The partnership enables TruNarrative’s existing client base and
prospects to easily embed Jumio’s award-winning identity verification
solutions into their TruNarrative configuration for a more streamlined
account set-up process, simplified KYC compliance, and advanced
detection of financial crime in a single, unified platform.

Jumio’s global presence enables TruNarrative’s customers to seamlessly
check the validity of ID documents and provide a more reliable and
automated identity proofing solution that covers more than 200 countries
and territories, supporting more than 3,300 ID document types. Jumio’s
technology leverages a proprietary blend of advanced technologies,
including AI, OCR, computer vision and biometrics to deliver the most
accurate and reliable solution on the market.

“Protecting your customers while making the experience as frictionless
as possible has long been the goal for financial services and payment
companies, but it’s required them to stitch together a variety of
disparate solutions,” said Stephen Kearney, Jumio head of worldwide
partnerships. “With TruNarrative, Jumio’s identity proofing, fraud
detection and eKYC solutions can be easily integrated into a single
platform that enables these organizations to better defend themselves
against financial crime.”

“We are very pleased to welcome Jumio as a partner within our Appstore,”
said John Lord, TruNarrative CEO. “The service helps our customers
comply with their obligation to verify that their customers are who they
say they are, enhancing the use of traditional evidence databases and
document verification.”

To learn more about Jumio and its award-winning end-to-end identity
verification and authentication solutions, visit jumio.com.

About Jumio

When identity matters, trust Jumio. Jumio’s mission is to make the
internet a safer place by protecting the ecosystems of businesses
through cutting-edge online identity verification and authentication
services that quickly and accurately connect a person’s online and
real-world identities. Jumio’s end-to-end identity verification
solutions fight fraud, maintain compliance and onboard good customers
faster.

Leveraging advanced technology including augmented intelligence, AI,
biometrics, machine learning, certified 3D liveness detection and human
review, Jumio helps organizations meet regulatory compliance including
KYC, AML and GDPR and definitively establish the digital identity of
their customers. Jumio has verified more than 170 million identities
issued by over 200 countries and territories from real-time web and
mobile transactions. Jumio’s solutions are used by leading companies in
the financial services, sharing economy, digital currency, retail,
travel and online gaming sectors. 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.
For more information, please visit www.jumio.com.

About TruNarrative

TruNarrative was founded with a single mission: to make safe commerce
simpler. With its head office in Leeds, TruNarrative also has offices in
London, New York, Hong Kong, Beijing and Singapore.

TruNarrative is transforming the fraud, identity, KYC and AML process by
continually providing products built on state-of-the-art technology,
bringing the best of data science to ambitious companies of all sizes.

TruNarrative – We Make Safe Commerce Simple

Contacts

Europe Media Contact
Gemma Lingham
FleishmanHillard
Fishburn
gemma.lingham@fhflondon.co.uk
+44-208-618-2812

U.S. Media Contact
Jake Kasowski
10Fold Communications
jumio@10fold.com
(360)
635-8646

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