Beam
About Beam
Provides an AI-driven identity verification platform that authenticates users and detects fraud through real-time risk analysis, biometric checks, and global data sources. It streamlines customer onboarding, reduces financial crime, and ensures compliance with regulations like KYC and AML by automating identity checks and ongoing monitoring.
```xml <problem> Online identity fraud is a growing concern, with businesses struggling to effectively verify users and prevent financial crime during customer onboarding and throughout the customer lifecycle. Traditional methods are often slow, cumbersome, and fail to detect sophisticated fraud attempts like deepfakes, leading to financial losses and reputational damage. </problem> <solution> Jumio provides an AI-powered identity verification platform that enables businesses to establish trust with customers online. The platform leverages AI, machine learning, and biometric analysis to verify identities, assess risk, and ensure regulatory compliance. By automating identity checks and continuously monitoring user behavior, Jumio helps businesses onboard legitimate customers faster while preventing fraud and financial crime. The platform offers a comprehensive suite of tools, data, and analytics to detect deepfakes and other sophisticated fraud techniques. </solution> <features> - AI-driven identity verification using document verification, selfie verification, and liveness detection - Real-time risk analysis based on past and present behavior data, recognized fraud patterns, and risk signals - Access to 500+ global data sources for comprehensive identity assessment - Self-service rules editor for real-time adjustments to fraud detection logic without coding - Unified portal for reviewing analytics, investigating transactions, and updating rules - Dynamic, customizable risk scoring for simplified decision-making - Orchestration capabilities to tailor user workflows based on verified identity and risk profile - AML screening to automatically screen customers against watchlists </features> <target_audience> Jumio primarily serves businesses across various industries, including financial services, online gaming, healthcare, and the sharing economy, that require robust identity verification and fraud prevention solutions. </target_audience> ```
What does Beam do?
Provides an AI-driven identity verification platform that authenticates users and detects fraud through real-time risk analysis, biometric checks, and global data sources. It streamlines customer onboarding, reduces financial crime, and ensures compliance with regulations like KYC and AML by automating identity checks and ongoing monitoring.
Where is Beam located?
Beam is based in San Francisco, United States.
When was Beam founded?
Beam was founded in 2016.
How much funding has Beam raised?
Beam has raised 9000000.
- Location
- San Francisco, United States
- Founded
- 2016
- Funding
- 9000000
- Employees
- 631 employees
- Major Investors
- Plug and Play, Abstract, Silicon Valley Bank, Canaan Partners, Broadhaven Capital Partners