Achievement demonstrates company’s ongoing, global commitment to helping customers meet regulatory compliance requirements

SINGAPORE: Jumio, the leading provider of AI-powered identity intelligence anchored in biometric authentication, automation, and data-driven insights, today announced that it has successfully completed the Independent eKYC Breakthrough Assessment required by Bank Negara Malaysia (BNM) with zero findings.

BNM has stringent requirements for eKYC vendors across three core pillars:

• ID Verification: Identifying fake and manipulated instances of the MyKad (Malaysian National ID).
• Facial Recognition: Matching user selfies against ID photos.
• Liveness Detection: Ensuring the user is a real person and preventing spoofing/deepfake attempts.

Jumio worked with independent auditor LGMS, a leading cybersecurity and assessment firm in Malaysia with extensive experience conducting the BNM assessment. The final report declares Jumio’s eKYC solution passed 100% of the criteria with zero findings.

Since establishing a presence in Asia Pacific in 2018, Jumio has helped organisations across the region meet stringent identity verification and compliance standards. This latest achievement reflects Jumio’s experience supporting regulated banks and fintechs throughout Asia Pacific and globally.

“Passing the BNM independent assessment with zero findings is a major milestone and a strong validation of our identity verification, facial recognition, and liveness capabilities,” said Ee Khoon Oon, Jumio VP and managing director, APAC. “Banks and fintechs in Malaysia who choose Jumio as their eKYC solution can onboard customers faster, meet or exceed AML expectations, and operate confidently under Malaysia’s evolving digital ID framework.”

To learn more about Jumio’s security certifications and support for regulatory compliance, visit jumio.com.

About Jumio

Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust.

Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.

Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East, and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.

For more information, please visit www.jumio.com.

Fonte: Business Wire