Jumio to integrate Beam’s AML screening and transaction monitoring services into its KYX Platform to detect financial crime and streamline regulatory compliance
PALO ALTO, Calif., Sept 30 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, announced today that the company acquired the AML platform from Beam Solutions, a San Francisco-based startup focused on transaction monitoring and KYC.
Jumio will integrate Beam's suite of AML solutions into its current KYX Platform to further strengthen the company's position in the anti-financial crime marketplace. Financial terms of the agreement were not disclosed.
JUMIO ACQUIRES BEAM SOLUTIONS' AML PLATFORM TO DELIVER THE FIRST END-TO-END IDENTITY VERIFICATION AND COMPLIANCE SOLUTION
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