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KUALA LUMPUR, Jumio, an automated, artificial intelligence (AI)-driven identity verification, risk signals and compliance solutions provider, announced it has more than 300 issued patents and patent applications.
The strength of Jumio’s global Internet Protocol (IP) portfolio spans nearly 100 unique patent families and further accelerates the company’s vision of eradicating identity theft and leveraging AI, biometrics, machine learning, liveness detection, authentication and anti-spoofing technology.
Jumio chief executive officer, Robert Prigge said these newest developments put the company in an even stronger position to evolve and maintain its position as the leader in identity solutions.
‘Our ever-growing IP portfolio represents our continued investment and dedication to innovation. We have the best and brightest talent in the industry as is evidenced by the robust pipeline of patentable ideas coming from our employees,’ he said in a statement.
Jumio pioneered the ID + selfie approach to identity verif
ication, has processed over one billion transactions and enables organisations to orchestrate the customer identity lifecycle with a single, unified platform supporting more than 5,000 ID types in over 200 countries and territories.
Leveraging the unmatched global coverage, scale and size of its data network, Jumio is able to drive smarter verification and fraud detection decisions, all to provide industry-leading catch rates with fewer false positives.
Jumio’s patent programme encourages innovation and creativity among employees.
Source: BERNAMA News Agency
