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Jumio’s Netverify and Netswipe Solutions Help Reduce Security Woes

This post is part of our live coverage of FinovateEurope 2014.

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Starting off the second session today, Jumio demonstrated how two solutions: Netverify and Netswipe offer increased security:
“Netverify offers real-time ID verification of passports, driver licenses, government issued ID cards, utility bills, insurance cards, and bank statements. This cutting edge technology is used by financial institutions, e-tailers, and consumer marketplaces to meet know-your-customer industry regulations, reduce fraud and chargeback costs in purchase transactions, and enhance trust and safety in online communities.
Netswipe supports real-time credit card scanning and validation in online and mobile checkouts. By eliminating the need to have consumers engage in laborious and error-prone key entry, our clients enjoy higher transaction completion rates, increased revenue, and reduced fraud and chargeback.”
Presenting David Pope (Marketing Director EMEA) and John McIntosh (Sales Engineer) 

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Product Launch: 2012
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
HQ: Palo Alto, CA, USA
Founded: 2010
Website: jumio.com 
Twitter: @jumio