SOURCE: Jumio Corp.

Jumio Corp.

May 11, 2017 08:30 ET

Jumio Honored as Bronze Stevie® Award Winner in 2017 American Business Awards(SM)

PALO ALTO, CA--(Marketwired - May 11, 2017) - Jumio, the creator of Netverify® Trusted Identity as a Service (TIaaS), was named a Bronze Stevie® Award winner in the New Product or Service of the Year - Software - Identity & Access Security Solution category in The 15th Annual American Business Awards.

Jumio was recognized as a Stevie Award winner for the innovative biometric facial recognition capabilities of its Netverify™ product. Netverify TIaaS provides real time online ID verification and authentication by turning customers' smartphones and computers into a powerful tool that supports ID verification and liveness detection. Netverify helps to reduce fraud by quickly and easily capturing and verifying a customer's government-issued ID, ensuring adherence to key regulatory requirements, such as Know Your Customer (KYC) regulations that require businesses to have processes for identifying and verifying identity of clients. It does this by using a wide range of technologies -- including algorithms, image forensics and document experts -- to ensure that an ID is legitimate.

"This industry recognition validates Jumio's leadership in the ID verification space," said Stephen Stuut, CEO, Jumio. "As fraud concerns rise for both consumers and businesses, Jumio will continue to deliver services that establish trust to a growing customer base of Fortune-level companies."

More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year to the Stevie Awards for consideration in a wide range of categories. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide.

Details about The American Business Awards and the list of 2017 Stevie winners are available at: www.StevieAwards.com/ABA.

Vote for Jumio in the People's Choice Stevie Awards: Favorite New Products. Voting is open to the public until June 2. Winners will be announced June 5. Click this link and enter our code V335S to vote: https://peopleschoice.stevieawards.com/favoritenewproducts.

About Jumio
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 including 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 50 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 U.S. and Europe, and has been the recipient of numerous awards for innovation.

For more information please visit www.jumio.com.