Utilizing advanced computer vision technology, Jumio is a next generation credentials management company offering payments and ID scanning & validation products for mobile and web transactions. Designed to reduce fraud and increase revenue by minimizing friction in customer transactions, Jumio’s products integrate easily into mobile apps or websites and create great customer experiences. Jumio’s products are widely used by leading retailers, marketplaces and financial institutions.
Jumio’s computer vision technology is currently
applied in two product lines:
Netverify® offers real-time ID verification of passports, driver licenses and government-issued ID cards, utility bills, insurance cards and bank statements issued by over 90 countries. This cutting edge technology is used by financial institutions, e-tailers and consumer marketplaces to meet know-your-customer industry regulations and internal policies, reduce fraud and chargeback costs in purchase transactions and enhance trust and safety in online communities.
Netswipe® supports real-time credit card scanning and validation in online and mobile checkouts. By eliminating the need to have consumers engage in laborious and error-prone key entry, our clients enjoy higher transaction completion rates, increased revenue and reduced fraud and chargeback costs.
Jumio’s recently unveiled PORT, a secure device-based wallet infrastructure, allows consumers to conduct one-click purchases and transactions requiring identity verification, without the need to download a standalone wallet app
The company was founded in 2010 by CEO Daniel Mattes and is backed by top tier investors including Andreessen Horowitz, Citi Ventures and Facebook Co-Founder, Eduardo Saverin. Headquartered in Palo Alto, California Jumio operates development centers in Linz and Vienna, Austria and has offices in the US and Europe.