Bank ABC Partners with Jumio to Become First Bank in the Middle East to Employ Biometric-Based Digital KYC Functionality - News Summed Up

Bank ABC Partners with Jumio to Become First Bank in the Middle East to Employ Biometric-Based Digital KYC Functionality


LONDON--(BUSINESS WIRE)--Jumio, the leading AI-powered trusted identity as a service provider, today announced a partnership with Bank ABC, the MENA (Middle East and North Africa) region’s leading international bank. The partnership enables Bank ABC’s new mobile-only bank to compliantly onboard new individual customers using Jumio’s biometric-based identity verification solution. Based in Bahrain, Bank ABC currently serves customers on five continents, covering countries in the Middle East, North Africa, Europe, the Americas and Asia. Bank ABC plans to launch one of the region’s first digital banks and has invested in establishing digitised operations including a fully digital KYC capability. “Jumio is excited to partner with Bank ABC and help the company revolutionize digital banking in the Middle East,” said Robert Prigge, Jumio President.


Source: The North Africa Journal June 19, 2019 04:52 UTC



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