Jumio creates history, recording largest sales quarter

KUALA LUMPUR, Oct 15 -- Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, has announced the largest sales quarter in the company’s history, ending Sept 30.

Jumio Chief Executive Officer, Robert Prigge said the company’s monumental growth was testament to its mission to make the Internet a safer place by protecting the ecosystems of businesses via cutting-edge online identity verification, KYC and AML monitoring services.

According to a statement, Jumio also set an all-time record for verification transactions processed due to accelerated digital transformation efforts by key customers in the banking, financial services, healthcare and education sectors.

In addition to record sales and record volumes, the company also acquired the AML platform from Beam Solutions, a San Francisco-based startup focused on transaction monitoring, case management and AML screening.

Beam’s suite of AML solutions will further strengthen Jumio’s position in the anti-financial crime marketplace and provide organisations in regulated industries a complete end-to-end compliance platform.

Other notable achievements in the third quarter include the launch of KYX Platform, addition of a significant number of key channel partners; recognition in the latest Gartner ‘Market Guide for Identity Proofing and Attribution’; and signing a number of marquee accounts.

More details at www.jumio.com.

-- BERNAMA