London & Malta – Jumio, the next generation credentials management company offering ID document validation services has gone live inside Yobetit’s player account creation process.
The Yobetit Trading Platform, the industry’s first sports arbitrage bookmaker uses cutting-edge technology practices and superior market analysis tools to match the speed of execution found within the Forex market.
Jumio’s ID document verification service called Netverify is integrated into the Yobetit site so that Yobetit’s customers simply have to hold up their ID document to their webcam to be instantly verified for both customer identity and customer age. Netverify uses computer vision technology to scan and validate passports, ID cards and driving licences from over 60 countries.
“Yobetit’s sports arbitrage trading is a real game changer thanks to our innovative technology, speed of execution and unparalleled security” said Knut Emlén CEO at Yobetit. “We are delivering a unique experience to our clients and we want a secure, frictionless customer verification process. Jumio’s innovative approach to customer identity verification complements Yobetit’s position in the market.”
Michael Orlando, Chief Sales Officer at Jumio said “More and more sites are integrating Jumio and we’re finding that it’s not just due to regulatory requirements, but that gaming operators are enjoying the ease with which their customers can be taken through a frictionless KYC process”.
Alan Alden, General Secretary at the Malta Remote Gaming Council, “It’s encouraging for the industry to see that Maltese operators such as Yobetit who offer sports betting under a Maltese License and Jumio as ID verification providers are not only making life easier for gaming operators and for their customers but are also facilitating compliance with strict regulations.”
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 Netswipe® enables customers to scan their cards in online and mobile checkout resulting in increased revenue and reduced fraud for the merchants. Netverify® supports real-time ID verification in over 60 countries to help clients meet a variety of know-your customer requirements. 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 globally with offices in the US, Europe and Asia.