Q Very good. So tell us what Jumio does and what's the business model? How do you make money?
A Alright, we're a software as a service, particularly we do trusted identity as a service. So we do two, three, three things in that ID verification, identity verification, and document verification. It boils down to with an ID verification, you take an image of your ID, passport, driver's license, use your laptop, use your phone, upload it. We don't care. We will then validate that it is not fraudulent. And then if you do identity verification, we do a biometric facial comparison of your selfie with your device and the image of your face on the ID to say that, all right, you have a perfectly valid ID. Are you the same human or did you steal it? And then finally, we do a document verification, which for a lot of know your customer regulations is things like a utility bill or a bank statement. Do you have something that proves you live there?
AI assessment note: “we're a software as a service, particularly we do trusted identity as a service”