Jumio expands strategic partnership with NextWealth

Expansion of partnership a key step in Jumio’s mission to leverage technological innovation to eradicate increasingly complex online fraud and financial crime
BusinessWireOctober 9, 20234 min

Jumio, the leading provider of automated, end-to-end identity verification, risk assessment and compliance solutions, announced the expansion of its strategic partnership with NextWealth, a leading pure play data services provider.

Jumio’s market-leading, AI-powered solutions have reached record-breaking high automation and quality rates. With this enhanced partnership, NextWealth will provide ongoing identity verification services for Jumio, allowing Jumio to continue expanding upon its innovation. For Jumio customers, this partnership provides global support and scale with the same service levels.

NextWealth will take a lead role in providing back-office operations for Jumio and ensure seamless continuity of business. Their proven track record of hiring, developing and retaining top talent at scale, and executing with world-class quality, will allow Jumio to scale its operations securely.

“Jumio’s mission to make the internet a safer place relies on the ongoing development of innovative fraud prevention solutions to thwart cybercriminals and their increasingly sophisticated tactics,” said Stuart Wells, Jumio CTO. “Now more than ever, when our automation and quality rates have reached record levels, partnering with NextWealth enables us to focus on our core business and technology objectives and support our customers wherever they do business across the globe.”

“We are excited to continue expanding our partnership and supporting Jumio in its growth journey. The partnership between NextWealth and Jumio will further cement our position as one of the largest pure play, AI/ML-driven data services players in the country,’’ said Mythily Ramesh, NextWealth CEO. “NextWealth’s portfolio of digital solutions and service offerings will provide Jumio international level quality, with the flexibility to manage business fluctuations in a secure business ecosystem. This will enable Jumio’s customers to have a smooth and seamless experience combined with the assurance of security and trust.”

To learn more about Jumio and its award-winning, AI-powered solutions, visit jumio.com.

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