Regtech: Modyo Teams Up with Jumio to Provide Secure Client Onboarding

Modyo, with their composable frontend platform, has announced a strategic partnership with Jumio, the online identity verification and authentication platform.

This is a key move for Modyo’s ecosystem of solutions. Jumio is described as being “a valuable partner in creating incredible technology that is helping provide accelerated end-to-end customer onboarding solutions for large organizations.”

Modyo’s composable frontend platform “provides organizations with the ability to launch web apps faster with virtual staging, multiple frameworks, and automation tools that accelerate how they build and launch their web and mobile applications, with improved quality and reliability.”

The platform is “built on a composable frontend architecture that allows large organizations to scale their applications and onboarding solutions more easily by breaking them down into smaller, more manageable parts.”

The partnership with Jumio will “enable Modyo to integrate and connect with Jumio’s powerful identity verification, risk assessment, eKYC and authentication technology.”

By incorporating Jumio’s AI-powered solutions into Modyo’s platform, organizations can provide “a more secure and streamlined customer onboarding process, reducing the time and effort required to verify customer identities.”

Modyo CEO, Mark Bonnell said:

“We’re excited to partner with Jumio to provide organizations with better, more efficient and secure customer onboarding processes. Our composable frontend platform, coupled with Jumio’s technology solutions, provides our clients with greater flexibility to build the best onboarding experiences possible.”

Samer Atassi, Jumio VP of Latin America, said:

“We are thrilled to partner with Modyo to provide integrated solutions that help businesses create an agile, secure and innovative onboarding experience.”

Jumio offers several products “through their unified API, and Modyo helps provide solutions integrated with Jumio that can pivot and adapt based on organization needs.”

These customer onboarding solutions “meet compliance and regulation requirements, and provide the proper tools and technology to build, deploy, and iterate over time.”

The partnership between Modyo and Jumio is “expected to benefit organizations across a range of industries, especially within financial services.”

By providing more secure and streamlined customer onboarding and origination processes, organizations “are now differentiating themselves from competitors and attracting new customers.”

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