Wednesday, 30 September 2020

Jumio buys Beam Solutions' AML platform to deliver identity verification, compliance solution

KUALA LUMPUR, Sept 30 -- Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, has acquired the anti-money laundering (AML) platform from Beam Solutions, a San Francisco-based startup focused on transaction monitoring and know-your-customer (KYC).

Jumio will integrate Beam's suite of AML solutions into its current KYX Platform to further strengthen the company's position in the anti-financial crime marketplace. Financial terms of the agreement were not disclosed.

Jumio buys Beam Solutions' AML platform to deliver identity verification, compliance solution: Jumio buys Beam Solutions' AML platform to deliver

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