Jumio Named SIIA CODiE Award Finalist for Best Compliance Solution

Digital identity verification provider honored for helping
organizations meet regulatory compliance requirements

PALO ALTO, Calif.–(BUSINESS WIRE)–Jumio, the leading AI-powered
trusted identity as a service provider
, today announced its identity
verification solution was named a 2019 SIIA CODiE Awards finalist in the
best compliance solution category. Finalists represent the best
products, technologies and services in software, information and
business technology.

Jumio has completed over 170 million verifications to date and uses a
unique hybrid approach of augmented
intelligence
, AI, machine learning, face-based biometrics, certified
liveness detection, computer vision technologies and human review to
prevent fraud and determine if users are who they claim to be. Jumio
also helps organizations meet regulatory compliance requirements
including Know Your Customer (KYC), Anti-Money Laundering (AML),
California Consumer Privacy Act (CCPA), Revised Payment Services
Directive (PSD2) and General Data Protection Regulation (GDPR).

Jumio was recognized as one of the best compliance solutions that enable
businesses to connect regulatory developments with internal policy
systems, organizational risks and controls and regulatory training.
Jumio can verify over 3,300 variants of government-issued IDs issued by
more than 200 countries and territories. When businesses expand to new
territories and countries, Jumio can help quickly onboard new customers
in that location and meet local compliance mandates.

“Consumer privacy and online data protection remain top concerns for
regulators today. While verifying new user identities, companies are
capturing a range of personal identifying information,” said Robert
Prigge, Jumio president. “Protecting this sensitive information and
helping organizations maintain compliance is one of our top priorities,
and we are honored to be recognized for our innovative identity
verification solutions addressing this need.”

The SIIA
CODiE Awards
are the premier awards for the software and information
industries and have been recognizing product excellence for over 30
years. The awards offer 76 categories with an industry focus on
education technology and business technology. Jumio was honored as one
of 137 finalists across the 44 business technology categories.

“The 2019 CODiE Award finalists are some of the most innovative,
high-impact products in the market. We are thrilled to place a spotlight
on these innovations and the power they have to transform the future of
how we do business,” said Jeff Joseph, president of SIIA.

The SIIA CODiE Awards are the industry’s only peer-recognized awards
program. Business technology leaders including senior executives,
analysts, media, consultants and investors evaluate assigned products
during the first-round review which determines the finalists. SIIA
members then vote on the finalist products and the scores from both
rounds are tabulated to select the winners. Voting is open now through
May 17.

This recognition continues a momentous year for Jumio. In 2019, the
company launched Jumio
Authentication
, a biometric-based authentication solution and Jumio
Screening
, a fully-automated AML screening solution. Jumio also won
a number of industry awards including Best
Product in Biometrics, Best Product Fraud Prevention and Market Leader
in Compliance by the InfoSec Awards,
a Best
Place to Work by Business Intelligence Group
, the
Fastest Growing Cybersecurity Company in the 2019 Cybersecurity
Excellence Awards
, Business
Intelligence Group’s 2019 Artificial Intelligence Excellence Awards
,
and one of the Best
Places to Work in FinTech by SourceMedia
.

To learn more about Jumio and its award-winning end-to-end biometric
identity verification solutions, visit jumio.com.

About Jumio

When identity matters, trust Jumio. Jumio’s mission is to make the
internet a safer place by protecting the ecosystems of businesses
through cutting-edge online identity verification and authentication
services that quickly and accurately connect a person’s online and
real-world identities. Jumio’s end-to-end identity verification
solutions fight fraud, maintain compliance and onboard good customers
faster.

Leveraging advanced technology including augmented intelligence, AI,
biometrics, machine learning, certified 3D liveness detection and human
review, Jumio helps organizations meet regulatory compliance including
KYC, AML and GDPR and definitively establish the digital identity of
their customers. Jumio has verified more than 170 million identities
issued by over 200 countries and territories from real-time web and
mobile transactions. Jumio’s solutions are used by leading companies in
the financial services, sharing economy, digital currency, retail,
travel and online gaming sectors. Based in Palo Alto, Jumio operates
globally with offices in North America, Latin America, Europe and Asia
Pacific and has been the recipient of numerous awards for innovation.
For more information, please visit www.jumio.com.

About the SIIA CODiE™ Awards

The SIIA CODiE Awards is the only peer-reviewed program to showcase
business and education technology’s finest products and services. Since
1986, thousands of products, services and solutions have been recognized
for achieving excellence. For more information, visit siia.net/CODiE.

Contacts

Jake Kasowski
10Fold Communications
jumio@10fold.com
(360)
635-8646

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