PALO ALTO, CA and LONDON--(Marketwired - Jun 10, 2013) - Jumio, Inc., the fast growing online and mobile credentials management company, today announced it has been selected as the winner of several prestigious awards at the annual eGaming Review online gambling industry award ceremony in recognition for its innovative payments and ID verification products.
Against stiff competition from the established market players in identity and payments solutions, Jumio was chosen as the winner in the Fraud & Compliance Solution of the Year category and also in the Innovation in Payments Solutions category. "In a short space of time Jumio has already made a big impact on how operators are viewing traditional KYC processes," said Tom Victor of eGaming Review. "Jumio should be proud of winning these awards and beating the more established players."
The eGaming Review awards panel is comprised of top executives from the Power50, the widely accepted industry view of the top movers and shakers from the largest regulated gaming operators. They evaluated the shortlisted companies on both quantitative and qualitative criteria, such as technology innovation, intellectual property and market understanding.
"We're honored that the online gaming industry recognized Jumio for our innovative approach by fundamentally changing the way that gaming operators verify their customers," said Daniel Mattes, founder and CEO of Jumio. "Online gaming operators want frictionless and global tools to ensure that their customers are who they say they are and are of legal age. Customers want to be able to register and create accounts without the administrative hassle of sending copies of ID documents in the post, by fax or by email. Jumio delivers that promise of creating a great customer experience whilst offering robust identity verification."
Jumio's Netverify is the easiest way for a business to validate a customer's identity in real time, allowing consumers from over 60 countries to scan their ID, driver license, passport or utility bill to verify their identity for account registrations, large purchases, or to meet a variety of KYC requirements.
Jumio's Netswipe lets consumers scan and validate their credit card using their computer or smartphone camera, eliminating the need for error-prone key entry, leading to increased conversion rates and revenue, and enabling reductions in fraud and associated chargeback costs.
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 online gambling operators, retailers, marketplaces and financial institutions.
Jumio's progress in the online gaming industry was recognised in June 2013 when Jumio scooped two awards at the annual industry eGaming review awards. Up against stiff competition from established identity verification and payments providers, Jumio was selected as the winner by representatives from the top 50 online gaming operators as "2013 Best Fraud & Compliance Solution" and as "2013 Best Innovation in Payments".
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.
About the eGaming Review Awards
The eGR B2B Awards, now in its fourth year, rewards and celebrates the very best service providers in the online gaming industry, recognising the achievements of suppliers from across all the major egaming disciplines including betting and gaming software, networks, mobile, payments, recruitment, IT & infrastructure.
With a planned attendance of over 500 egaming supplier and service provider professionals, the awards are firmly established as the most prestigious, 'must attend' B2B eGaming event of the year!
Contact Information:
Press Contact:
David Pope
European Marketing Director
44 7740 564089