Jumio Identity Verification Realizes Big Gains in Speed, Accuracy, and User Experience from the Company’s AI Investments

PALO ALTO, Calif., Nov 6 (Bernama-BUSINESS WIRE) — Jumio, the leading AI-powered trusted identity as a service provider, today announced the results of its two-year focus on automation, enabled through a variety of AI, machine learning, OCR and biometric-based investments and innovations. This multi-pronged approach has resulted in dramatically faster and more accurate verifications as well as a more intuitive user experience.

Jumio has invested heavily in supervised machine-learning models, fed by massive datasets, which are steadily improving verification speed and helping Jumio spot fraud patterns much faster than legacy manual review processes. These investments were key to launching Jumio Go, the company’s new identity verification solution powered exclusively by AI, but have also dramatically improved Jumio’s current suite of identity verification and authentication solutions.

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