Jumio Completes Malaysia eKYC Assessment with Zero Findings
This accomplishment demonstrates the company’s ongoing global commitment to helping customers meet regulatory compliance requirements.
Singapore–(ANTARA/Business Wire)– Jumio, a leading provider of AI-based identity intelligence grounded in biometric authentication, automation, and data-driven insights, today announced that it has successfully completed the independent eKYC Breakthrough Assessment required by Bank Negara Malaysia (BNM) with zero findings.
BNM strictly requires eKYC vendors to meet three core pillars:
Identity Verification: Identifying fake or manipulated MyKad (Malaysian National Identity Card) documents.
Face Recognition: Matching user selfies with identity photos.
Liveness Detection: Ensuring the user is a real person and preventing spoofing/deepfake attempts.
Jumio collaborated with LGMS, a leading Malaysian cybersecurity and assessment firm with extensive experience in BNM assessments. The final report from the firm states that Jumio’s eKYC solution passed 100% of the criteria with zero findings.
Since beginning operations in the Asia-Pacific in 2018, Jumio has helped various companies across the region meet strict identity verification and compliance standards. This latest achievement is proof of Jumio’s expertise in supporting regulated banks and fintech companies throughout the Asia-Pacific and worldwide.
“Passing the independent BNM assessment with zero findings is certainly a significant milestone and strong validation of our identity verification, face recognition, and liveness capabilities,” said Ee Khoon Oon, VP and Managing Director of Jumio, APAC. “Banks and fintech companies in Malaysia choosing Jumio as their eKYC solution can onboard customers faster, meet or exceed AML expectations, and operate confidently under Malaysia’s evolving digital ID framework.”
To learn more about Jumio’s security certifications and regulatory compliance support, visit jumio.com.
About Jumio
Jumio helps organisations know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-based identity intelligence grounded in biometric authentication, automation, and data-driven insights to accurately build, maintain, and re-establish trust.
Jumio leverages advanced automated technology including biometric scanning, AI/machine learning, liveness detection, and no-code orchestration with hundreds of data sources to help combat all forms of fraud and financial crime, accelerate customer onboarding, and meet regulatory compliance including KYC and AML. Jumio has processed over 1 billion transactions covering more than 200 countries and territories from web and mobile transactions in real-time.
Headquartered in Sunnyvale, California, Jumio operates globally with offices and representatives in North America, Latin America, Europe, Asia-Pacific, and the Middle East, and has received numerous awards for its innovation. Centana Growth Partners, Great Hill Partners, and Millennium Technology Value Partners are among the companies supporting Jumio.
For more information, please visit www.jumio.com.