Sunnyvale, CA | October 22, 2024 – Jumio, a worldwide leader in AI-based identity verification, has revealed an increasing its portfolio of IP to above 300 patents along with applications.
Such innovations range from biometrics, liveness, and anti-spoofing technologies – all designed to combat identity theft as well as online fraud.
Artificial Intelligence and Machine Learning are also embedded in Jumio’s fraud detection solutions to increase accuracy and efficiency. The company’s data pool expands across the planet with over 5,000 types of identification documents in more than 200 countries. This also helps to improve the accuracy of verification and decrease false positive results.
“Jumio’s mission has always been to eradicate identity theft and online fraud, and we have a long track record of investing in innovative, cutting-edge technologies to keep our solutions at the forefront of fraud detection, compliance, and identity verification,”
Said Jumio CEO Robert Prigge.
“These newest developments put us in an even stronger position to evolve and maintain our position as the leader in identity solutions.”
One of Jumio’s most transformative technologies is the ID + selfie verification which has completed over one billion transactions so far and is currently shaping the world’s identity landscape.
Expanding its portfolio of Intellectual Property Assets is further testimony to the Company’s commitment to innovation.
Prigge added, “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.”
These advancements boost Jumio’s top position in identity verification as well as realize its wider goal of making the digital world a safer environment using technology solutions.
Source: https://www.jumio.com/about/press-releases/jumio-patents/
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