FinovateSpring 2014 / Jumio

Presenter Profile:

How they describe themselves: 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 and websites and create great customer experiences. Jumio’s products are widely used by leading retailers, marketplaces, and financial institutions.

How they describe their product/innovation: When customers arrive at your sign-up or checkout form they see a “Scan ID” option in addition to traditional key entry fields. Your customer simply taps the “Scan ID” button, selects the ID they wish to use, and holds it up to their device camera. Fastfill scans the ID, extracts the data it contains, and feeds data into your new account form; it takes just a second or two. Our patented technology offers three different data reading capabilities: bar code, MRZ, and OCR to enable customer data to be extracted from any of three ID types issued by over 100 countries.

Product Distribution Strategy: Direct to Business (B2B)


Sales & Partnerships:

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