Digital identity management and verification startup Jumio Corp. today unveiled a new fraud-fighting technology that uses artificial intelligence-driven predictive analytics to identify fraud patterns with more sophistication and accuracy. Called Jumio 360° Fraud Analytics, the new service has been designed to tackle the issue of interconnected fraud — that is, fraud perpetrated by fraud rings or by individuals using the same information or credentials to open new accounts on banking sites, e-commerce platforms and sharing economy sites.

Source: SiliconANGLE