SOURCE: Jumio

Jumio

May 01, 2013 08:00 ET

Airbnb Partners With Jumio to Help Power New Identification Verification Product

Jumio's Netverify ID Scanning & Validation Technology Helps Airbnb Build Trust and Transparency

PALO ALTO, CA--(Marketwired - May 1, 2013) - Jumio, Inc., the fast growing online and mobile credentials management company, today announced that Airbnb, the world's leading marketplace for booking, discovering, and listing unique spaces around the world, has integrated Jumio's Netverify into its new Verified Identification tool. Jumio powers the offline identification portion of Airbnb's new tool, enabling users to quickly scan and verify their government-issued photo ID. The new product is designed to increase transparency and provide users in the Airbnb community with information that may be valuable to them in making their decisions.

Using their computer cameras and Netverify, Airbnb users can now scan an image of their government-issued photo ID as part of the ID verification process. Jumio is currently integrated into the Airbnb web sign-up process, and will be launching on Airbnb's mobile app in the near future.

"Airbnb and Jumio are great examples of companies who have applied new technologies and business processes to disrupt the old way of doing things in their respective spaces; lodging and authentication," said Scott Weiss, partner, Andreessen Horowitz and Jumio board member. "It's always exciting when two Andreessen Horowitz portfolio companies partner up to leverage each other's innovations."

Jumio's Netverify enables businesses with online and mobile distribution to meet KYC and ID verification requirements through real-time scanning, and validation of government-issued IDs from over 60 countries. Netverify also scans a range of other documents such as bank statements and utility bills used for address verification or other purposes.

"As collaborative consumption services like Airbnb continue to rapidly grow in popularity, it's important that the marketplace owners create environments of transparency, community and trust," said Daniel Mattes, CEO, Jumio. "With Verified Identification, Airbnb now gives a guest or host even more information about who they're interacting with, built on a product that is fast and easy to use for both parties."

Netverify is available for web sites and on iPhone and Android, enabling mobile applications to add ID and document scanning to their customer experiences.

For more information about Jumio Netverify, go to http://www.jumio.com/netverify.

About Jumio
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 and Europe.

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