Jumio’s Award-Winning Identity Verification Solution Honored for Hybrid Approach to Authentication
PALO ALTO, Calif. – May 1, 2018 – Jumio, the leading AI-powered trusted identity as a service provider, today announced its Netverify® solution was named the winner in the Best Authentication Technology category by the 2018 SC Awards. Netverify® was recognized for helping companies conduct secure real-time mobile and web transactions by confirming the authenticity of users’ faces, documents and identification credentials from more than 200 countries—after they are placed in front of a smartphone or webcam.
The SC Awards, organized by SC Magazine, honors the achievements of companies and cybersecurity professionals who strive to safeguard their business’ and their customers’ critical data in North America. SC Magazine announced the winners on April 17, during the SC Awards Gala in San Francisco. The SC Awards are recognized throughout the cybersecurity industry as one of the highest achievements for cybersecurity professionals and products. Each year, hundreds of applications are reviewed to identify the best solutions, services and professionals working to protect businesses from ever-changing security threats.
“We are proud to be recognized as the top technology in authentication by the 2018 SC Awards,” said Stephen Stuut, CEO of Jumio. “More companies are recognizing the important role that identity is playing in the digital transformation movement and the ability to successfully operate a secure business online without sacrificing user experience. Our Netverify solution is the leading digital identity verification solution available and our hybrid approach to authentication—using AI, machine learning and real-world identity experts—provides a comprehensive, seamless verification process to reduce fraud.”
Jumio’s Netverify solution provides real-time identity, ID and document verification using biometric facial recognition, computer vision, artificial intelligence and identity experts to verify individuals’ digital identities match their real-world identifies, to detect and mitigate online fraud, and provide a safe and secure customer experience. Jumio recently surpassed previous records to verify more than 120 million identities using the Netverify solution.
For more information on Jumio’s award-winning Netverify solution, please visit: https://www.jumio.com/trusted-identity/netverify/
When identity matters, trust Jumio. Jumio is the creator of Netverify® which enables businesses to increase customer conversions while providing a seamless customer experience and reducing fraud. By combining the three core pillars of ID Verification, Identity Verification and Document Verification, businesses now have a complete solution that allows them to establish the real-world identity of the consumer.
Leveraging advanced technology like biometric facial recognition. machine learning, and human review, Jumio helps customers to meet regulatory compliance including KYC and AML and tie the digital identity to the physical world. Jumio has verified more than 120 million identities issued by over 200 countries from real time web and mobile transactions. Jumio’s solutions are used by leading companies in the financial services, sharing economy, cryptocurrency, higher education, retail, travel and online gaming sectors.
Based in Palo Alto, Jumio operates globally with offices in the US, Europe, and Asia Pacific and has been the recipient of numerous awards for innovation. For more information, please visit www.jumio.com.
U.S. Media Contact