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RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Jumio

🌎 jumio.com

Jumio is a leading digital identity verification platform that helps organizations know and trust their customers online. The company provides AI-driven identity verification, risk signals, and compliance solutions to fight fraud, onboard customers faster, and meet regulatory requirements such as KYC and AML. With advanced technologies including automation, biometrics, and machine learning, Jumio has processed over 1 billion transactions globally, serving clients across various industries.

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Jumio - Latest News and Updates

• Jumio updated its app on April 15, 2025, adding NFC extraction for national IDs and reducing app size to 28.5 MB.
• Jumio is involved in a lawsuit in Illinois for allegedly collecting facial scan data without proper disclosures and consent, violating the Biometric Information Privacy Act.
• Marvin Miao has left Jumio as Regional Sales Director to join Chainalysis as Regional Account Director in Singapore.
• Jumio efficiently completed identity verifications in 3 minutes for Betfair.
• Jumio's paper "Disentangled PET Lesion Segmentation" is a finalist for the Best Paper Award at the IEEE International Symposium on Biomedical Imaging 2025.

• Jumio showcased its technical advancements to prevent gambling addiction at the SAGSE South America 2025 event in Buenos Aires.
• Companies like Cat Labs are using Jumio for identity verification to filter out fake applicants in response to evolving cyber threats.

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