FB pixel

Jumio expands partnership with NextWealth to scale selfie biometrics checks

Jumio expands partnership with NextWealth to scale selfie biometrics checks
 

Jumio has announced that it is expanding its strategic partnership with NextWealth, an AI data services provider. NextWealth will continue to provide identity verification services as well as back-office operations.

“Now more than ever, when our automation and quality rates have reached record levels, partnering with NextWealth enables us to focus on our core business and technology objectives and support our customers wherever they do business across the globe,” says Jumio CTO Stuart Wells.

Utilizing Bangalore-based NextWealth’s back-office outsourcing services will help Jumio securely scale its operations, according to the announcement. Jumio has processed over 1 billion transactions in over 200 countries. The company surpassed $200 million in bookings for its biometric identity verification and risk assessment at the beginning of 2023.

“NextWealth’s portfolio of digital solutions and service offerings will provide Jumio international-level quality, with the flexibility to manage business fluctuations in a secure business ecosystem,” says NextWealth CEO Mythily Ramesh. “This will enable Jumio’s customers to have a smooth and seamless experience combined with the assurance of security and trust.”

Jumio’s identity verification is used by companies such as Airbnb, to increase trust on the real estate rental platform.

Article Topics

 |   |   |   | 

Latest Biometrics News

 

Legal battle over Clearview AI’s origin takes a turn as accuser drops suit

Fortunes have swung in a long-simmering legal skirmish between biometrics firm Clearview AI and an extreme right wing commentator who…

 

China cracks down on facial recognition payments

Businesses in China dealing with facial recognition payments will have to comply with a new set of security standards released…

 

South African banks plan more branches to expand digital ID services access

Banks in South Africa say they plan to open more branches this year in order to facilitate access to Home…

 

Kenyan President signs Proclamation to facilitate national ID issuance in border communities

President William Ruto of Kenya has signed a Presidential Proclamation on Registration and Issuance of IDs to border counties in…

 

UK government declares deepfakes ‘greatest challenge of the online age’

A new case study published by the UK government does not mince words, or numbers: “The rise in deepfakes generated…

 

EU investigating Atos over buying EES software through Russian office

European prosecutors are investigating French IT company Atos for using its Russian office to purchase software for the upcoming EU’s…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events