KUALA LUMPUR, Oct 10 (Bernama) -- Jumio, an automated, end-to-end identity verification, risk assessment and compliance solutions provider, has expanded its strategic partnership with NextWealth, a pure play data services provider.
With this enhanced partnership, NextWealth will provide ongoing identity verification services for Jumio, allowing the company to continue expanding upon its innovation, while for its customers, this partnership provides global support and scale with the same service levels.
According to a statement, Jumio’s market-leading, artificial intelligence (AI)-powered solutions have reached record-breaking high automation and quality rates.
“Jumio’s mission to make the internet a safer place relies on the ongoing development of innovative fraud prevention solutions to thwart cybercriminals and their increasingly sophisticated tactics.
“Now more than ever, when our automation and quality rates have reached record levels, partnering with NextWealth enables us to focus on our core business and technology objectives and support our customers wherever they do business across the globe,” said Jumio Chief Technology Officer, Stuart Wells.
Meanwhile, NextWealth Chief Executive Officer, Mythily Ramesh said the partnership between NextWealth and Jumio will further cement its position as one of the largest pure play, AI/machine learning (ML)-driven data services players in the country.
“NextWealth’s portfolio of digital solutions and service offerings will provide Jumio international level quality, with the flexibility to manage business fluctuations in a secure business ecosystem,” added Ramesh.
NextWealth will take a lead role in providing back-office operations for Jumio and ensure seamless continuity of business.
In addition, their proven track record of hiring, developing and retaining top talent at scale, and executing with world-class quality, will allow Jumio to scale its operations securely.
-- BERNAMA
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