Case Study: Costa Rican fintech IMPESA prevents illicit funds from entering the national financial system with Jumio

IMPESA Uses Jumio to Help Keep Illicit Funds Out of Costa Rica’s National Financial System

IMPESA is a Costa Rican fintech and leader in corporate spend management (Monibyte) that must meet strict anti‑money laundering (AML) obligations, including identity verification, transaction oversight and suspicious-activity reporting. After evaluating multiple vendors, IMPESA selected Jumio to address these compliance challenges and align with both Costa Rica’s Article 15 of Law 7786 and international standards.

Jumio’s cloud-based KYX platform provides AI-powered identity verification, ongoing customer screening, machine‑learning transaction monitoring and case-management tools that are easy to implement and customizable for enterprise needs. The solution reduced false positives, strengthened IMPESA’s ability to detect and report illicit activity, and established a fintech‑level compliance standard that supports the company’s regional and global growth.

IMPESA

Mario Hernández

Founder and CEO