Jumio’s identity verification solutions helping global social media company streamline KYC, improve conversions and meet regulatory requirements
Jumio, the provider of automated, AI-driven identity verification, risk signals and compliance solutions, announced its partnership with Riley Cillian to streamline eKYC for the social media platform’s video chat apps.
Founded in 2014 and now based in Singapore, the company’s mission is to build the best live video chat platform and facilitate meaningful connections across cultures, languages and borders in a respectful, fun and safe way.
Riley Cillian’s social apps are available in 100+ countries and have been downloaded more than 100 million times.
When looking for an eKYC provider, they wanted to work with a solution that provided “ease of use.”
Jumio offers the identity verification solutions on the market, accepting and reliably verifying more than 5,000 types of government-issued IDs, including many with “non-Latin script, which will enable Riley Cillian to scale its onboarding process.”
Leon Sun, Riley Cillian co-founder and COO said that their advanced technology not only improves user experience by “streamlining our KYC checks but also allows them to effectively verify Arabic ID documents, which has been a challenge for us in the past. By partnering with Jumio, we can now streamline our KYC process, improve customer conversion, and ensure we meet all regulatory requirements.”
As covered, Jumio helps organizations to “know and trust” their customers online.
From account opening to ongoing monitoring, the Jumio Platform provides advanced identity verification, risk signals and compliance “solutions that help you accurately establish, maintain and reassert trust.”
Leveraging tech including automation, biometrics, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps you “fight fraud and financial crime, onboard good customers faster and meet regulatory compliance including KYC and AML.”
Regtech company Jumio claims that it has processed 1 billion transactions spanning 200 countries and territories from “real-time web and mobile transactions.”
Based in Sunnyvale, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific and the Middle East.
Regtech firm Jumio is reportedly backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.
Established back in 2014, Riley Cillian exists to realize tech’s role in facilitating connection.
They are dedicated to breaking down barriers through their social apps that enable new ways for people to discover “community, globally and locally.”
They are connecting the world, “one conversation at a time.”