Why Identity Verification? Before you do business with a new user, it is important to verify that their identity document is valid and not fraudulent. But what if the ID is legitimate but belongs to someone else? Identity verification is a critical step in stopping identity theft and protecting good customers from deepfakes and bots used in account takeovers.

How it Works The identity verification process involves three steps. ID Check: Is the ID document (e.g., drivers license or passport) authentic and valid Selfie + Liveness Check: Using highly advanced face-based biometrics, we compare the users selfie to the photo on the ID document. We can detect with a high degree of accuracy whether the selfie is of a living person who is physically present - not a spoofing attempt such as a photo, pre-recorded video or sleeping person - and that it is the same person shown on the ID. Risk-based Decision: Jumio calculates the fraud risk and approves or rejects the identity transaction in seconds based on the customers predefined risk tolerances.

Benefits Jumios solutions provide a number of critical business benefits, including: Onboard good customers faster. Jumios advanced identity solutions minimize friction for legitimate users, creating a streamlined onboarding process that is loved by users and loathed by fraudsters.

Prevent fraud and financial crime. With the rise of generative AI, the only solution is to fight AI with AI. At Jumio, we continually research, develop and embed cutting-edge technologies into our solutions to stay at the forefront of fraud detection, compliance and UX.

Meet compliance mandates. As global regulatory requirements and competition tighten, it is imperative to meet Know Your Customer (KYC), Anti-Money Laundering (AML), age verification and data privacy (e.g., BIPA, GDPR) requirements without sacrificing the user experience.

For "Jumio Professional Services Managed by ACA Pacific", please contact awslistings@acapacific.com.sg for private offers.