• 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 Expands R&D Team with Montreal AI Lab

August 28, 2018

“In announcing the R&D expansion, Jumio said its new Montreal-based AI team will build deep learning models pertaining to data extraction, fraud detection, and risk scoring.”

Jumio has launched a new artificial intelligence lab to help further advance its biometric authentication technology.Jumio Expands R&D Team with Montreal AI Lab

Based in Montreal, the new lab will complement ongoing work at Jumio’s Vienna-based AI lab. It’s being led by Jumio CTO and Chief Scientist Labhesh Patel.

In announcing the R&D expansion, Jumio said its new Montreal-based AI team will build deep learning models pertaining to data extraction, fraud detection, and risk scoring. Jumio says that its AI models have already helped to reduce the average time for a customer transaction by seven percent, but that the expanded team led by Patel is expected to deliver further advances in the fourth quarter.

As for the new lab’s location, Jumio highlighted Montreal’s low cost of living and its multiple academic institutions, both of which have “led to a convergence of AI talent and research support in the city,” which the company called “a major technology hub for AI.”

The announcement comes soon after a Q2 update in which Jumio reported a year-over-year sales jump of 269 percent. The company is clearly enjoying tremendous growth, and is leveraging its success to further enhance the underlying technology of its popular authentication system.

Filed Under: Industry News Tagged With: AI, AI research, Artificial Intelligence, Biometric, biometric authenticaiton, biometrics, Jumio, NetVerify, R&D, research and development

Related News & Articles

Chinese Game Maker Uses Mobile Biometrics to Limit Kids’ Playtime

Mezu and Mastercard Introduce New Digital Debit Card

Yoti Helps Working Parents Find Verified Student Nannies

Primary Sidebar

Register For the Next Virtual Identity Summit

Register now!

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

  • Selfie IDV Innovator Finds Escalating Demand in Q4
  • Another e-Betting Platform Leverages Biometric KYC, Care of Jumio
  • Thai Authorities Approve Mobile ID for Airport Boarding
  • New Yoti Solution Ties Biometrics to e-Signatures
  • Kenya’s New President Pushes for Digital ID By Year’s End

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