April 13th, 2023 - Modyo, with their composable frontend platform, has announced a strategic partnership with Jumio, the leading online identity verification and authentication platform. This is a big move for Modyo's ecosystem of solutions. Jumio is a valuable partner in creating incredible technology that is helping provide accelerated end-to-end customer onboarding solutions for large organizations.
Modyo's composable frontend platform provides organizations with the ability to launch web apps faster with virtual staging, multiple frameworks, and automation tools that accelerate how they build and launch their web and mobile applications, with improved quality and reliability. The platform is built on a composable frontend architecture that allows large organizations to scale their applications and onboarding solutions more easily by breaking them down into smaller, more manageable parts.
The partnership with Jumio will enable Modyo to integrate and connect with Jumio's powerful identity verification, risk assessment, eKYC and authentication technology. By incorporating Jumio's AI-powered solutions into Modyo's platform, organizations can provide a more secure and streamlined customer onboarding process, reducing the time and effort required to verify customer identities.
"We’re excited to partner with Jumio to provide organizations with better, more efficient and secure customer onboarding processes," said Modyo CEO, Mark Bonnell. "Our composable frontend platform, coupled with Jumio's technology solutions, provides our clients with greater flexibility to build the best onboarding experiences possible."
"We are thrilled to partner with Modyo to provide integrated solutions that help businesses create an agile, secure and innovative onboarding experience," said Samer Atassi, Jumio VP of Latin America.
Jumio offers several products through their unified API, and Modyo helps provide solutions integrated with Jumio that can pivot and adapt based on organization needs. These customer onboarding solutions meet compliance and regulation requirements, and provide the proper tools and technology to build, deploy, and iterate over time.
The partnership between Modyo and Jumio is expected to benefit organizations across a range of industries, especially within financial services. By providing more secure and streamlined customer onboarding and origination processes, organizations are now differentiating themselves from competitors and attracting new customers.
About Modyo: Modyo is a leading provider of composable frontend platforms, delivering innovative solutions that help organizations transform their digital experiences. With a focus on helping financial institutions deliver exceptional customer experiences, Modyo leverages a growing ecosystem of technology partners, like Jumio, to help organizations drive innovation, improve efficiency, and enhance customer experiences.
About Jumio: Jumio helps organizations know and trust their customers online. From account opening to constant monitoring, Jumio's KYX platform provides advanced risk signaling, identity verification and compliance solutions that help accurately establish, maintain and reaffirm trust.
Leveraging advanced technology including automation, biometrics, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps organizations fight fraud and financial crime, onboard good customers faster and comply with regulations including KYC and AML. Jumio has processed more than one billion transactions spanning more than 200 countries and territories from web and mobile transactions in real time.
Headquartered in Sunnyvale, Jumio operates globally with offices in North America, Latin America, Europe, Asia Pacific and the Middle East and has received numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.