Payments firm Sokin has chosen Jumio as its partner for client onboarding.
In Brief:
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Jumio offers digital identity verification technology.
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Sokin offers a fixed price subscription service for global payments.
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Sokin will be able to validate online customers through a photo of their ID and a selfie.
What does this mean?
The use of Jumio’s technology (which is powered by AI) will mean Sokin can onboard customers remotely, ensuring the process is fast but also safe and compliant.
Sokin has said that since it offers cards across 75 countries and wallets across 150 countries, It's vital to have a fast and effective way of helping clients through this compliance process.
