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Jumio taps into French biometric ID verification market, names local sales ops lead

Jumio taps into French biometric ID verification market, names local sales ops lead

Jumio has expanded its biometric ID verification and authentication portfolio by launching a suite of eKYC and remote onboarding solutions for the French market, and naming Frederic Ly to lead the sales operations in the region, the company announced.

“We are really excited to grow the team in France in order to better serve the needs of our local customers and partners,” said Dean Hickman-Smith, Jumio Chief Revenue Officer, in a prepared statement. “Most industries have been swept up in the whirlwind of digital transformation, recently accelerated by the COVID-19 pandemic. And customer expectations are driving many of these changes — they want to be able to open a new account anytime, anywhere and in a matter of minutes. Jumio’s technology offers tremendous opportunities to optimize and expedite the process.”

According to Le Conseil National du Numérique, the French government is planning on making all administrative processes digital by 2022, which calls for secure digital identity processes. Jumio believes its biometric facial recognition technology could provide that service and help meet Know Your Customer (KYC), Anti-Money Laundering (AML) and Strong Customer Authentication (SCA) requirements.

Frederic Ly will work from Paris and lead business development efforts to target financial service organizations, telcos and the sharing economy through customized solutions for the French market. Ly has more than 20 years of experience in artificial intelligence and technology sales in AI software companies such as Collective Thinking and digital services provider Econocom.

Jumio’s client portfolio includes European companies Monzo, HSBC and Easyjet.

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