Trouble in Paradise? Consumers Don't Trust Travel Industry to Protect Them From AI-Powered Fraud
New research from Jumio reveals nearly half of global consumers lack confidence in travel industry's ability to protect against identity fraud
Article content
SUNNYVALE, Calif. — Jumio, the leader in AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights, today released new findings from its 2025 Online Identity Study. As consumers worldwide set out for summer leisure, digital identity protection may be taking a more prominent spot on the packing checklist, with nearly half of global consumers (44%) lacking confidence in the travel industry's ability to protect them from AI-powered fraud including identity theft and account takeover fraud. This lack of confidence jumped to 55% for Americans.
Article content
For the sharing economy (including vacation rentals and other travel-focused gig economy services), confidence falls even further, with 60% in the U.S. and 50% globally saying they don't feel adequately protected.
Article content
Consumers share sensitive personal data in exchange for a simple vacation, notably turning over government-issued IDs like passports and drivers' licenses in order to book and check into flights, reserve accommodations and rental cars, and more. This exchange of data makes consumers vulnerable to fraud during the summer travel season — and they recognize the risk.
Article content
These sentiments trend alongside broader global distrust in digital spaces, with 69% of respondents saying AI-powered fraud now poses a greater threat to personal security than traditional forms of identity theft.
Article content
In response to this distrust, consumers worldwide are slightly more willing to invest more time in identity verification on these platforms than in 2024:
Article content
In 2025, 74% of global consumers said they would willingly spend more time on identity verification when accessing travel and hospitality-related platforms if it improved their security — up from 71% in 2024.
Global willingness to spend time verifying identity on sharing economy platforms also stayed high at 70% in 2025, only slightly down from 71% in 2024, but with a subtle shift from 'a lot more time' to 'a little more time.' This suggests increased caution, with a remaining preference for low-friction, visible safeguards.
Article content
Consumers' increasing willingness to spend time on identity verification for travel-related transactions follows a growing trend in traditionally higher-risk industries. For instance, 80% of consumers globally were willing to spend more time on security for digital platforms supporting banking and financial services.
Article content
'Whether it's an evacuation plan or a safe in every hotel room, the travel and hospitality industry know how to build the structures and processes customers need to feel safe. Now customers expect the same level of care for their personal data,' explained Bala Kumar, chief product and technology officer at Jumio. 'But travel and hospitality businesses can't keep layering traditional protections on already complex processes — they need new solutions and technologies to balance convenience with protection, even as AI-powered scams evolve.'
Article content
Find additional data and insights here.
Article content
About the Research
Article content
The Jumio 2025 Online Identity Study surveyed 8,001 adult consumers evenly distributed across the United States, the United Kingdom, Singapore, and Mexico. Censuswide fielded the survey between April 9 and April 24, 2025. Censuswide abides by and employs members of the Market Research Society which is based on the ESOMAR principles and are members of The British Polling Council.
Article content
About Jumio
Article content
Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust.
Article content
Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.
Article content
Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.
Article content
Article content
Article content
Article content
Contacts
Article content
Media Contacts
Article content
U.S. Media Contact
Article content
Article content
Haleigh Kent-Bryant
Article content
Article content
Article content
810-516-5486
Article content
APAC Media Contact
Article content
Article content
Luke Nazir
Article content
Article content
FINN Partners
Article content
Article content
Luke.Nazir@finnpartners.com
Article content
Article content
+65 8139 2504
Article content
LATAM Media Contact
Article content
Article content
Lavinia Muñoz
Article content
Article content
Article content
Article content
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
20 minutes ago
- Globe and Mail
Buy AMD Stock for New Peaks as Q2 Earnings Approach?
AMD AMD will be a highlight of this week's earnings lineup, with the chip leader set to release its Q2 report after-market hours on Tuesday, August 5. Like Nvidia NVDA, which is scheduled to report later in the month, AMD stock has been performing well due to a combination of strategic product launches, strong AI demand, and favorable market conditions. Recently hitting a 52-week high of $182 a share, let's see if fresh peaks are in store for AMD stock as its Q2 earnings approach. AI Momentum & Data Center Growth Gaining traction from major companies like Oracle ORCL, Tesla TSLA, and OpenAI, AMD's MI355X Graphic Processing Unit (GPU) is reported to deliver over 7X the compute power of its previous high-powered AI chip, the MI325X, and has become a serious contender to Nvidia's offerings. Thanks to strong demand for AI accelerators, AMD has raised the price of its MI350 series chips to over $20,000. This is a great sign ahead of AMD's Q2 report, as the company's Central Processing Units (CPUs) and GPUs led to a 57% surge in its data center revenue in Q1. Also fueling investor sentiment is that recent U.S. policy shifts have loosened export restrictions, allowing AMD to resume its chip shipments to China and potentially adding hundreds of millions in revenue. Rebounding and surging over +70% in the last three months, AMD stock is now up +45% year to date to impressively top the S&P 500 and Nasdaq's returns of +6% and +8% respectively, while even topping Nvidia's +32%. AMD's Q2 Expectations With analysts expecting another strong quarter of data center growth, AMD's Q2 sales are expected to be up 27% to $7.41 billion compared to $5.84 billion a year ago. However, AMD is also facing the impact of competitive pricing in the CPU and GPU market, with Q2 earnings thought to have dipped to $0.47 a share compared to EPS of $0.69 in the prior period. Attributing to margin pressures, higher R&D spending on its next-generation GPUs is thought to have weighed on AMD's bottom line during Q2 as well. That said, AMD has reached or exceeded the Zacks EPS Consensus for 25 consecutive quarters, dating back to April of 2019, and has posted an average EPS surprise of 2.3% over its last four quarterly reports. Plus, AMD is still projected to post double-digit top and bottom line growth in fiscal 2025 and FY26, but Wall Street is very much anticipating the company's Q3 guidance to see if the chipmaker can sustain its growth trajectory. Monitoring AMD's Valuation Like most of the leading chipmakers, AMD stock trades at a premium to the broader market at 44X forward earnings. While this is above the benchmark S&P 500's 23.3X, AMD is roughly on par with Broadcom's AVGO forward P/E valuation and is near Nvidia's 40.7X. It's also noteworthy that AMD trades far more reasonably than some of its AI chip-producing peers in terms of price-to-sales. In this regard, AMD has a forward P/S ratio of 8.7X, with Nvidia and Broadcom stock trading over 20X forward sales. Bottom Line For now, AMD stock lands a Zacks Rank #3 (Hold). To that point, it wouldn't be surprising if AMD stock hit new peaks, although better buying opportunities could be ahead after such a monstrous rally over the last three months. Keeping this in mind, AMD's Q2 report and guidance will be critical to more upside. Zacks Names #1 Semiconductor Stock This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028. See This Stock Now for Free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Advanced Micro Devices, Inc. (AMD): Free Stock Analysis Report NVIDIA Corporation (NVDA): Free Stock Analysis Report Oracle Corporation (ORCL): Free Stock Analysis Report Broadcom Inc. (AVGO): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report


Globe and Mail
20 minutes ago
- Globe and Mail
Gentherm Announces Participation in J.P. Morgan Auto Conference and Seaport Annual Summer Investor Conference
NOVI, Mich., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ: THRM), a global market leader of innovative thermal management and pneumatic comfort technologies, today announced that it is scheduled to participate in the following upcoming investor events in the third quarter of 2025. J.P. Morgan Auto Conference in New York City Bill Presley, President and CEO, and Jon Douyard, Executive Vice President, Chief Financial Officer and Treasurer, will participate in a fireside chat on Tuesday, August 12, 2025. The fireside chat will begin at 11:50 a.m. (ET) and last for approximately 35 minutes. There will be a live audio webcast of the fireside chat and a replay will be available for 30 days following the presentation on the Events page of the Investor Relations section of Gentherm's website at: In addition, Gentherm management will be hosting investors at the upcoming Seaport Research Partners Annual Summer Investor Conference on Tuesday, August 19, 2025. Please note that event participation and specific dates are subject to change. For the latest information, please visit the Gentherm Investor Relations website. Investor Contact Gregory Blanchette investors@ 248.308.1702 Media Contact Melissa Fischer media@ 248.289.9702 About Gentherm Gentherm (NASDAQ: THRM) is a global market leader of innovative thermal management and pneumatic comfort technologies. Automotive products include Climate Control Seats (CCS®), Climate Control Interiors (CCI™), Lumbar and Massage Comfort Solutions, and Valve Systems. Medical products include patient temperature management systems. The Company is also developing a number of new technologies and products that will help enable improvements to existing products and to create new product applications for existing and new markets. Gentherm has more than 14,000 employees in facilities across 13 countries. In 2024, the company recorded annual sales of approximately $1.5 billion and secured $2.4 billion in automotive new business awards. For more information, go to


Globe and Mail
20 minutes ago
- Globe and Mail
Levi & Korsinsky Notifies 3D Systems Corporation (DDD) Shareholders of Class Action Lawsuit and August 12, 2025 Deadline
New York, New York--(Newsfile Corp. - August 4, 2025) - If you suffered a loss on your 3D Systems Corporation (NYSE: DDD) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: or contact Joseph E. Levi, Esq. via email at jlevi@ or call (212) 363-7500 to speak to our team of experienced shareholder advocates. Cannot view this video? Visit: THE LAWSUIT: A class action securities lawsuit was filed against 3D Systems Corporation that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between August 13, 2024 and May 12, 2025. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) 3D Systems had understated the impact of weakened customer spending on the Company's business, while overstating its resilience in challenging industry conditions; (ii) in addition, the updated milestone criteria in the partnership with United Therapeutics Corporation would negatively impact the Company's regenerative medicine program revenue; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times. WHAT'S NEXT? If you suffered a loss in 3D Systems Corporation stock during the relevant time frame - even if you still hold your shares - go to to learn about your rights to seek a recovery. There is no cost or obligation to participate. WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.