First-to-market video selfie authentication solution honored for replacing passwords, fighting account takeover fraud
PALO ALTO, Calif. Jan 28 (Bernama-BUSINESS WIRE) — Jumio, the leading provider of end-to-end identity verification and authentication solutions, today announced its Jumio Authentication solution was named a winner of the 2020 Business Intelligence Group (BIG) Innovation Award. Jumio Authentication, the first-to-market video selfie authentication solution, was honored for its ability to prevent account takeover and online fraud by leveraging AI, facial biometrics and certified liveness detection. Jumio was named to BIG’s list of 100 companies and products leading in innovation in 2020.
Jumio uses a unique hybrid approach of augmented intelligence, AI, machine learning, face-based biometrics, certified liveness detection and computer vision technologies to thwart fraud, simplify compliance and determine if users are who they claim to be. Launched in 2019, Jumio Authentication leverages a 3D face map to verify a user’s digital identity for online transactions in seconds, replacing passwords on any device. Jumio Authentication is the first to leverage biometrics for initial identity proofing and ongoing user authentication, protecting businesses from fraudsters while providing users an online experience that is fast, secure, accurate and easy to use.
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