Tuesday 29 October 2019

JUMIO RECOGNISED AGAIN IN GARTNER’S 'MARKET GUIDE FOR IDENTITY PROOFING AND CORROBORATION'

KUALA LUMPUR, Oct 22 (Bernama) -- Jumio, the leading AI-powered trusted identity as a service provider has been recognised as a Representative Vendor in Gartner’s latest ‘Market Guide for Identity Proofing and Corroboration’ for the second consecutive year.

Representative Vendors were selected on the basis of one or both of the following: frequent inquiry by Gartner clients about that vendor for identity proofing use cases, vendor offers capabilities supporting identity proofing and corroboration in a way that is unique, innovative and/or demonstrates a forward-looking product strategy.

A key finding of the Market Guide states: “Unrelenting breaches of personal data, as well as usernames and passwords, continue. Given this trend and emerging attack vectors such as synthetic identity fraud, enterprises must move to continuous, risk-based assessment of any claimed identity, both at the establishment of a relationship and in every subsequent interaction.”

Another important finding within the report notes: “There continues to be increased overlap between authentication, identity proofing and fraud detection use cases, leading to blurred lines in terms of internal responsibilities and vendor capabilities.”

Jumio enables modern enterprises to leverage the same biometric — a 3D face map — for initial identity proofing and ongoing user authentication, offering a viable alternative to knowledge-based verification and authentication methodologies.

By using the same biometric upfront and an ongoing basis, organisations can more effectively establish an identity corroboration hub and reliably assess the digital identities of remote users.

More information at https://www.jumio.com.

-- BERNAMA

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