• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Our Services
  • Contact Us
  • Newsletter
  • Top Nav Social Icons

Mobile ID World

Mobile ID World

Identification Revolution

  • Mobile ID
    • What Is Mobile ID?
    • Identity Associations
    • Premier Partners
    • FAQ
  • News
  • Solutions
    • Behavioral
    • Facial Recognition
    • Fingerprint Biometrics
    • Iris Biometrics
    • Second Factor
    • Smart Cards
    • Smartphones
    • Vital
    • Voice
    • Wearable Tech
    • Other
  • Applications
    • Access Control
    • Cloud Technology
    • Commerce
    • Enterprise
    • Healthcare
    • Identification
    • Internet of Things
    • Law Enforcement
    • Strong Online Authentication
  • Exclusive
    • Interviews
    • Featured Articles
    • Podcasts
  • Companies
  • Events

Jumio Provides Bank ABC with Biometric Identity Verification for Mobile Accounts

June 19, 2019

“The integration will drastically speed up the onboarding process for mobile banking, which can ordinarily take up to two weeks with a digital account.”

Jumio Provides Bank ABC with Identity Verification for Mobile Accounts

Bahrain’s Bank ABC is rolling out a new mobile-only banking service, and is asking Jumio to help make it happen. Specifically, the bank will be integrating Jumio’s Identity Verification platform, which provides selfie-based onboarding and authentication and eliminates the need to visit a physical bank branch while opening a new account.  

To use Jumio’s Identity Verification platform, Bank ABC customers first need to take a photo of their official government ID. They will then need to take a selfie. Using document reading tech and biometric facial recognition bolstered by robust liveness detection, Jumio’s solution matches the user to the person in the ID.

The platform will drastically speed up the onboarding process for mobile banking, which can ordinarily take up to two weeks with a digital account.

“As more and more customers move online and transact via their mobile devices, it’s critical for Bank ABC to deliver a simple, fast and intuitive onboarding experience that takes minutes, not hours or days,” said Yousif Almas, the Group Chief Digital Officer at Bank ABC.

The news makes Bank ABC the latest company to embrace Jumio’s Identity Verification services in recent months. Jumio previously announced partnerships with TruNarrative and the online gaming platform Novibet, and also renewed its security agreement with Monzo.

Filed Under: Industry News Tagged With: Bank ABC, banking, Biometric, biometrics, document reading, facial recognition, Financial, FinTech, identity verification, Jumio, Liveness Detection, selfie biometrics

Related News & Articles

Visa-SiriusXM Collaboration Could Bring In-Car Payments to the Fast Lane

Experian and Epic Offer Identification Services to Support Vaccine Distribution

Airport Retailer to Implement Amazon’s ‘Just Walk Out’ Payment Tech

Primary Sidebar

Learn About Mobile ID and Aviation

Tweets

Sponsored Links

facetec logo

FaceTec’s patented, industry-leading 3D Face Authentication software anchors digital identity, creating a chain of trust from user onboarding to ongoing authentication on all modern smart devices and webcams. FaceTec’s 3D FaceMaps™ make trusted, remote identity verification finally possible. As the only technology backed by a persistent spoof bounty program and NIST/iBeta Certified Liveness Detection, FaceTec is the global standard for Liveness and 3D Face Matching with millions of users on six continents in financial services, border security, transportation, blockchain, e-voting, social networks, online dating and more. www.facetec.com

FACEPHI is a global leader in Facial Recognition technology and in Mobile Biometrics technologies. With a strong concentration in the financial sector, FacePhi’s product is rapidly becoming a service used by banks all over the world. Its implementation doesn’t just save money, it is also a way to attract clients and build loyalty, while increasing the security of transactions for both the customer and the business. To learn more about FacePhi, visit https://www.facephi.com/en/

Recent Posts

  • NordPass Enables Biometric, TOTP-secured 2FA for Business Users
  • Mastercard Solution Certified Under UK’s Digital ID Framework
  • Transatlantic Digital Traveler Identity Project Gets High-Profile Tech Partner
  • Digital Identity Tech Demo Online Event
  • Mobile ID Comes to Another US Campus

Footer

  • About Us
  • Company Directory
  • Advertise With Us
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Archives
  • CCPA: Do not sell my personal info.

Follow Us

Copyright © 2023 MobileIDWorld