KUALA LUMPUR, March 12 (Bernama) -- Jumio Corp, AI-powered trusted
identity as a service provider, today announced it is opening a new
Singapore sales office and appointing Frederic Ho as vice-president,
Asia Pacific, to oversee the global expansion.
Jumio, in a statement, said these announcements built upon its continued
global expansion and would help AsiaPac banks, financial services and
growing enterprises with a reliable, accurate and compliant means of
digital identity verification.
Ho has more than a decade of Asia Pacific experience selling and
marketing information security solutions, including Micro Focus,
OpenText, and Autonomy, targeting top ASEAN commercial and government
enterprises.
He will lead Jumio´s efforts to launch and expand its online identity
verification solutions in the region across a broad range of verticals
including banking, financial services, sharing economy, cryptocurrency,
and online gaming.
The popularity and viability of online identity verification is growing
dramatically in Asia Pacific due to the growing need to reliably
establish someone´s genuine identity online.
As financial institutions struggle to balance the needs for strict AML
and KYC compliance while improving the online experience, Asia Pacific
regulators are increasingly allowing these firms to accept digital forms
of identity.
Jumio uses computer vision technology, machine learning, artificial
intelligence, biometrics and live verification experts to verify
credentials (for example, passports, driver´s licences, etc.) issued by
over 200 countries.
The company currently serves HSBC and some of the largest challenger
(digital) banks in Europe including Monzo, Tide and MetroBank. The
Singapore team will serve businesses across Asia Pacific, including
Singapore, Japan, China, Australia, Malaysia and Indonesia.
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