“2018 witnessed the largest increase in attempted ID fraud in five years and this highlights why organizations need to use more sophisticated digital identity verification solutions to take extra precaution during the online account opening process, especially during the holidays.” – Philipp Pointner, Chief Product Officer, Jumio After a bit of a lull in 2017,…
“…the number of candidates nominated for this year’s REGTECH100 had nearly doubled over last year, reaching 824 – a sign of the vitality of this market area in the wake of major new regulations such as the European Union’s GDPR and PSD2 rules.” The industry accolades continue for Jumio, with the company making the REGTECH100…
“The plan is to adapt Jumio’s selfie-based authentication technology to Engage’s hiring process. “ While Jumio has seen tremendous excitement over its Netverify authentication platform from the financial services industry, and the company was naturally on hand to discuss it FinTech applications and its big FaceTec integration at this year’s Money20/20 event in Las Vegas,…
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As the appetite for selfie-based authentication solutions has intensified over the last couple of years, Jumio has established itself as a clear winner among solutions providers, racking up accolades and some really impressive sales numbers thanks to its Netverify solution. A range of organizations, particular in the financial services industry, have enthusiastically embraced the system,…
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A major new industry partnership is combining a leader of the booming selfie authentication trend with one of the biometrics industry’s most effective anti-spoofing technologies. The Jumio–FaceTec alliance was announced at this week’s Money20/20 event in Las Vegas, with the companies revealing that Jumio has integrated FaceTec’s ZoOm 3D Face Liveness Detection system into its…
Just ahead of next week’s Money20/20 event, Jumio has delivered a corporate update detailing just how successful its Netverify authentication solution has been over the past nine months. The company says that over the first three quarters of 2018, it has seen growth of 130 percent in sales, year-over-year. Its annual recurring revenues, meanwhile, jumped…
Jumio has been named a winner in two categories of Cyber Defense Magazine’s Cyber Defense 2018 Global Awards, with judges recognizing the company in the area of “Best Product Biometrics” and as the “Next Gen InfoSec Startup of the Year”. The company was, of course, recognized for its Netverify solution, which revolves around the use…
Jumio has won two Golden Bridge Awards in recognition of its Netverify authentication solution. The company took a Bronze award in the category of “Security Solution for Enterprise (Large) Innovations”, and a Gold award in “Access Compliance and Risk Management Innovations”, with judges evidently appreciating the platform’s utility for easy customer authentication and onboarding. Netverify…
“Jumio was selected as winner based, of course, on its success in offering its flagship Netverify authentication solution, which is designed to leverage facial recognition and document reading technology to confirm end users’ identities on an entirely digital basis.” Jumio has won yet more industry acclaim: The company tied for the Silver award in the…
Jumio has announced a new feature of its Netverify authentication platform that should help to further curb fraud on the web. The aptly named “Liveness Detection for Web” system is aimed at bolstering security of the desktop channel of Netverify, which leverages document reading and facial recognition to ensure that end users are who they…
“The company attributes its Q2 success primarily to the APAC market, which it has targeted through a new Singapore office established this past March.” Jumio continues to be one of the great success stories of the authentication industry with the news that it has just finished its best sales quarter yet: Q2 saw a year…
“These awards from Network Products Guide are further validation that our Netverify solution is the most accurate and advanced solution on the market. The threat of data breaches has shaken the trust of consumers, and as a result, online identity verification is now a critical must-have for most online organizations.” – Stephen Stuut, CEO, Jumio…
Jumio is a rising star in the biometrics industry thanks to its multiple award-winning mobile ID verification software: Netverify. FindBiometrics President Peter O’Neill recently interviewed Jumio CEO Stephen Stuut, along with the company’s VP of Marketing, Dean Nicholls. The conversation begins with talk about Jumio’s accelerating rate of success, and the drivers behind it. The…
Jumio is urging businesses to consider carefully whether they are compliant with the European Union’s new General Data Protection Regulation (GDPR), and has published a free e-book to help clarify the matter for administrators. The GDPR has, of course, emerged as a major business driver for data security and authentication solutions providers like Jumio. The…
Jumio is celebrating another industry plaudit: The company recently took a 2018 SC Award, winning in the category of “Best Authentication Technology”. The award was in recognition of Jumio’s Netverify platform, which is designed to use facial recognition and document reading to verify the identities of end users, all through a standard smartphone or laptop…
Jumio won some early acclaim last year after it integrated facial recognition into its Netverify identity verification platform, but it’s in the months since it combined this technology with document verification earlier this year that Jumio’s success has really skyrocketed. The platform has seen numerous integrations and won industry acclaim, and Jumio’s latest quarterly update…
“…Jumio noted that it doubled its sales in the first half of the year, and that its Netverify platform is now being used to verify almost 200,000 users each day.” Frost & Sullivan has named Jumio the 2017 North American Entrepreneurial Company of the Year for the Biometric Security Solutions Industry. Detailing the company in…
The Financial ID Briefing brings you top highlights from the world of biometrics, mobile ID, and finance. It is powered by FindBiometrics and Money20/20. Biometrics Help The Virtual Bank Teller See You, Hear You FinovateFall 2017 starts today at the New York Hilton, where attendees can have a glimpse into the automated future of finance…
Jumio saw an 87 percent year-over-year increase in sales for Q2, the company has announced. In a statement, Jumio attributed the jump primarily to its activities in the financial services sector, especially with respect to “large sales to major US banks, cryptocurrency exchanges, and payment platforms.” Jumio’s solution, which leverages facial recognition, eye tracking, and…