Jumio’s Netverify Wins Award for Best Fraud Protection
Netverify also named a finalist for SC Magazine’s Best Authentication Technology award
PALO ALTO, Calif. – February 28, 2018 – Jumio today announced its Netverify® solution was named the gold winner in the Best Fraud Protection category by the 2018 Cybersecurity Excellence Awards. This is the second time in one month that Netverify has been recognized as a leading ID verification solution. SC Magazine also named Netverify a finalist for its Best Authentication Technology award.
The 2018 Cybersecurity Excellence Awards honor individuals and companies that demonstrate excellence, innovation and leadership in information security. Results are determined based on strength of the nomination and a popular vote by members of the Information Security community.
“We are honored to be recognized as the top technology in fraud protection by the 2018 Cybersecurity Excellence Awards,” said Stephen Stuut, CEO of Jumio. “In today’s digital landscape, things we couldn’t have imagined even ten years ago can now be done online with a push of button or through an app. As a result, fraud has increased dramatically across all industries, and it’s now imperative that companies take the extra precaution verifying identities and ultimately safeguarding their customers against fraud.”
Netverify provides real-time identity, ID and document verification using computer vision, biometric facial recognition, artificial intelligence (AI) and identity experts to verify that individuals’ real-world identities match their digital identities and to detect and mitigate online fraud without sacrificing conversion rates. Recently, Jumio surpassed previous records to verify more than 100 million identities using the Netverify solution.
SC Magazine will announce the Best Authentication Technology award winner on April 17 during its gala in San Francisco.
“In an age where threats are ever-evolving, it is reassuring to know that one true constant is the commitment of dedicated information security professionals, as best exemplified by our SC Media Awards finalists,” said Illena Armstrong, VP, editorial, SC Media. “These inspiring innovators have set a high bar for their industry peers, as they continue to protect the world from attacks and vulnerabilities that imperil our security, privacy, and digital infrastructure. The year 2017 brought us WannaCry ransomware infections, the rise of cryptominers, and bugs like Broadpwn and BlueBorne that affected billions of devices. Whatever threats rear their ugly heads in 2018 and beyond, our finalists will be ready to act.”
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, artificial intelligence and human review, Jumio helps customers to meet regulatory compliance including KYC, AML and GDPR and tie the digital identity to the physical world. Jumio has verified more than 100 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, higher education, cryptocurrency, 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