Jumio Named "Entrepreneurial Company of the Year" in the Biometric Security Solution Industry by Frost & Sullivan
Analyst firm recognizes Jumio's cutting-edge Netverify(R) Trusted Identity as a Service platform as "all-encompassing solution" for ID verification
PALO ALTO, CA--(Marketwired - Sep 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 the biometric security solution industry by Frost & Sullivan .
Jumio was evaluated on brand equity, competitive differentiation, market gap, customer value and customer ownership experience. Frost & Sullivan concluded that Jumio's entrepreneurial spirit drives it to continuously launch advanced solutions that will transform and enrich the customer experience while reducing identity fraud faced by most businesses in the digital world. Of note, Jumio's Netverify Trusted Identity as a Service platform was recognized for empowering companies with advanced ID verification solutions with its unique approach of combining proprietary computer vision technology with biometric facial recognition, advanced machine learning algorithms and identity experts to link the digital identity of the ID owner to the physical identity.
"Globally, companies are adopting high-level security measures to counter the risk of increasing cyber-crimes and identity thefts. However, achieving high rates of customer satisfaction is becoming a challenge. Netverify stands out due to its multi-authentication process and ability to function seamlessly in a digital environment," said Nandini Bhattacharya, Industry Manager, Frost & Sullivan.
This award reflects Jumio's continued momentum and accelerated growth in 2017, doubling sales in the first half of 2017 and verifying nearly 200,000 identifies daily.
"We are honored that Frost & Sullivan recognized Jumio with the 'Entrepreneurial Company of the Year' award for biometric security solutions," said Stephen Stuut, CEO, Jumio. "In an industry evolving as rapidly as digital ID verification, this is a huge achievement and emphasizes Jumio's commitment to serving our customers and redefining what it means to create online trust between companies and consumers."
Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), 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 and machine learning, 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 60 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, retail, travel and online gaming sectors. Based in Palo Alto, Jumio operates globally with offices in the US and Europe, and has been the recipient of numerous awards for innovation. For more information, please visit www.jumio.com .
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=3169321
Information om Marketwired
Følg pressemeddelelser fra Marketwired
Skriv dig op her og modtag pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Marketwired
Bombardier Transportation22.3.2018 17:15 | pressemeddelelse
Bombardier Wins Contract to Extend People Mover System in Phoenix
Bombardier Transportation14.3.2018 15:16 | pressemeddelelse
Bombardier Secures Major Contract Extension to Maintain Trains for London Overground
Bombardier Transportation7.3.2018 16:02 | pressemeddelelse
Bombardier Wins Contract to Upgrade Singapore's Bukit Panjang Light Rail Transit Line
Bombardier Inc.15.2.2018 12:39 | pressemeddelelse
Bombardier Reports Fourth Quarter and Full Year 2017 Results
Bombardier Inc.14.2.2018 17:21 | pressemeddelelse
REMINDER/Media Advisory: Bombardier to report Fourth Quarter and Full Year 2017 Financial Results on February 15, 2018
Bombardier Inc.8.2.2018 17:01 | pressemeddelelse
Media Advisory: Bombardier to report Fourth Quarter and Full Year 2017 Financial Results on February 15, 2018
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum