Jumio integration within TruNarrative platform to simplify onboarding experience for new users while fighting fraud, meeting compliance mandates.
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.
“We are very pleased to welcome Jumio as a partner within our Data Cloud App Store.” John Lord, CEO of TruNarrative “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.”
“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” 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.”