“As with so many other integrations of Jumio’s flagship solution, the company’s technology is being used to help bring KYC and AML compliance to the INSTAR Wallet.”
Another new client is taking advantage of Jumio‘s biometric authentication technology.
Based in the Cayman Islands, Insights Network offers a mobile platform called INSTAR Wallet. It’s based on the EOS blockchain, and as the company explains, it’s designed to let users “securely own, manage and monetize their data through a unique combination of blockchain technology, smart contracts and secure multiparty computation.”
As with so many other integrations of Jumio’s flagship solution, the company’s technology is being used to help bring KYC and AML compliance to the INSTAR Wallet. Jumio’s ID reading and facial recognition technology allow Insights Network’s system to verify the identities of end users during the onboarding process.
Commenting in a statement, Insights Network CEO Brian Gallagher said, “By partnering with companies like Jumio, we are able to integrate best-in-class verification solutions to assure all of our users are operating at a level of maximum security and benefit to both parties.”
News of the INSTAR Wallet integration comes on the heels of three award wins for Jumio in Info Security Product Guide’s latest Global Excellence Awards, and after a steady stream of other integration announcements from Jumio this year.