FinTech Alliance company Jumio is part of Visa’s Fintech Partner Connect programme.
In Brief:
Jumio, its name from “just use my identity online”, provides digital ID solutions for banks, FinTechs and more.
It says it’s joined Visa to “help organisations fight financial crime, onboard customers faster and meet regulatory compliance”.
Visa Fintech Partner Connect aims to connect Visa’s clients with new FinTech solutions.
What does this mean?
As the global pandemic has accelerated digital adoption, issues like identification are more important than ever and the potential for fraud is always increasing – Jumio will now be able to help Visa’s clients resolve these issues.