Jumio has received yet another award in recognition of its Jumio Authentication solution. The onboarding platform has been named the winner in the Best Use of Biometrics Category at the 2019 Payments Awards, which have recognized top achievements in the payments space for the past seven years.
The Biometrics Category specifically recognizes a payments solution that uses some form of biometrics to authenticate users or enable a transaction. To that end, Jumio Authentication uses facial recognition to measure a selfie against an official photo ID to verify the identity of the person in the photo. The technology is able to convert a 2D selfie taken with a standard smartphone camera into a 3D face map to make sure that the person is truly present and thwart masks, photos, videos, and other forms of spoofing.
Jumio’s liveness detection technology, delivered through its partnership with FaceTec, is certified at the iBeta 1 and 2 Levels.
“This award speaks to our ongoing commitment to innovation and face-based biometrics in serving the payments industry,” said Jumio Chief Product Officer Philipp Pointner. “Biometrics with certified liveness detection is empowering better customer experiences and superior fraud detection.”
The news continues a stellar awards run for the identity verification specialist. In the past few months alone, the company has picked up multiple Cyber Defense Awards, a Silver Golden Bridge Award, and an IT World Award, all in recognition of the Jumio Authentication platform. Jumio also has four Cybersecurity Excellence Awards and two Stevies from the American Business Awards, which were handed out earlier this year.
The company has since gone on to release Jumio Go, which is a fully automated version of its identity verification and authentication technology. Jumio would later upgrade the speed and accuracy of its technology, and tweak its user interface to make the experience more intuitive for its customers.