Press Releases

Latest Announcements

Jumio has Exceeded 100 Million Identity Verifications

February 01, 2018

Jumio’s annual recurring revenue grew by 96 percent in 2017 to make the company the global market leader in biometric-based online identity verification. PALO ALTO, CALIF. – February 1, 2018 – In Q4 2017, Jumio Corporation surpassed the 100 million online identity verification threshold. This is notable because it took Jumio just ten months to…

Jumio Helps Byteball Build a Digital Identity Layer for ICOs

January 17, 2018

Cryptocurrency platform joins forces with trusted identity verification expert to comply with KYC regulations London, UK, 17th January 2018 – Leading digital identity verification provider, Jumio, has teamed up with smart cryptocurrency payments platform, Byteball, to support it in optimising “Know Your Customer” (KYC) processes for users taking part in Initial Coin Offerings (ICOs). Byteball offers…

Meed Partners with Jumio to Improve Remote Identity and KYC Verification

December 20, 2017

Innovative fintech firm views partnership as key to reach new markets, delivering digital consumer base to member banks globally PALO ALTO, CALIF – December 20, 2017 – Jumio, the creator of Netverify® identity verification solutions, announced a partnership with Meed, a GlobeOne Company and Santa Monica-based fintech organization. Jumio will provide Meed with accurate, remote…

Jumio Data Reveals Online Fraud Dropped During Black Friday

December 06, 2017

Identity verification leaders find biometric-based measures likely deter online fraud during account setup PALO ALTO, Calif., Dec. 05, 2017  — Exclusive new data from identity verification provider Jumio today revealed that online fraud, which had been steadily increasing globally between 2014 and 2016, dropped 17 percent in 2017. During the holiday shopping period of Black Friday through…

Jumio Records Largest Sales Quarter to Date, Extends its Leadership in Financial Services to the Bitcoin and ICO Markets

October 23, 2017

Demand for bitcoin is triggering the top cryptocurrency exchanges and ICO issuers to leverage Jumio’s Netverify to increase investor trust, improve credibility, and comply with emerging compliance directives. PALO ALTO, CALIF. – October 23, 2017 – Jumio Corporation today announced that Q3 sales increased 411 percent year-over-year as a result of increased sales in the…

Jumio Data Reveals Faked Photos and ID Numbers Are Top Methods of Attempted Fraud Worldwide

October 23, 2017

Launches next generation of its Trusted Identity as a Service platform with new machine learning techniques and enterprise-class scalability to help customers prevent fraud LAS VEGAS, NV – MONEY 20/20 – October 23, 2017 – Jumio Corporation today announced the launch of its Trusted Identity as a Service platform in response to growing online threats,…

Jumio Named “Entrepreneurial Company of the Year” in the Biometric Security Solution Industry by Frost & Sullivan

September 19, 2017

Analyst firm recognizes Jumio’s cutting-edge Netverify ® Trusted Identity as a Service platform as “all-encompassing solution” for ID verification PALO ALTO, CALIF. – Sept. 19, 2017– Jumio, a leading digital ID verification company and the creator of Netverify® Trusted Identity as a Service (TIaaS), today announced that it has been awarded “Entrepreneurial Company of the Year” in…

Jumio Doubles Sales in Q2 2017 by Helping Banks and Financial Institutions Reliably Know Their Customers

September 06, 2017

Digital ID Verification Leader Opens Wall Street Presence to Better Serve US Financial Services Customers PALO ALTO, CALIF. – September 6, 2017 – Jumio Corporation today announced that Q2 sales were up 87 percent year-over-year due to sales within the financial services sector, with large sales to major US banks, cryptocurrency exchanges, and payment platforms….

Plynk partners with Jumio to power ID verification for European expansion

August 30, 2017

  LONDON, UK – August 30, 2017 – Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), today announced a partnership with Plynk, Europe’s first money messaging app, to accurately verify users who are loading money onto their Plynk accounts for instant person-to-person payments. Plynk removes the complexity and awkwardness from money transfers between friends by integrating…