GS Logo
The Green Sheet, Inc

Please Log in

Banner Ad
View Archives

View flipbook of this issue

Care to Share?


Table of Contents

Lead Story

What's changed, what's stayed the same since 2003?

News

Industry Update

Infographic counters MPC 'swipe fee' claims

New cyber threat targets SMBs

Reservations about EMV security, timeline surface

Vatican looks outside EU for card solution

Features

Debit in 2013: Life after Durbin

Ryan Feeley
First Annapolis Consulting

Are you ready to put your clients first?

Research Rundown

Mobile payments global forecast

ISOMetrics:
The CBO's outlook through 2023

Striking that communication balance

Selling Prepaid

Prepaid in brief

TSYS to don program manager mantle

Synergy between ATMs, prepaid established

Views

Payment alternatives, like microbrews, are good

Brandes Elitch
CrossCheck Inc.

Education

Street SmartsSM:
Are leave behinds integral to the sales process?

Jeff Fortney
Clearent LLC

15 tips to boost merchant level sales

Peggy Bekavac Olson
Strategic Marketing

PCI programs: From spring cleaning to a full remodel

Chris Taylor
SecurityMetrics

Should ISOs have an AML policy?

Adam Atlas
Attorney at Law

Company Profile

ABTEK Financial

New Products

Reshaping the restaurant POS

Bevo
Benseron Information Technologies Inc.

Customer authentication in 30 seconds

Netverify Mobile
Jumio Inc.

Inspiration

Navigating the tradeshow circuit

Departments

Readers Speak

2013 events calendar

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

March 11, 2013  •  Issue 13:03:01

previous next

New Products

Customer authentication in 30 seconds

Product: Netverify Mobile

Netverify Mobile represents the latest technology from Jumio Inc., an online verification and mobile payment platform firm based in Palo Alto, Calif. The proprietary technology allows businesses to authenticate customers in real-time by converting a smart phone or computer device into an identification scanning terminal.

Once a passport, driver's license or identification card is scanned, the verification process requires about 30 seconds to complete, the company stated.

According to statistics collected by Jumio, smart-phone users are one-third more likely to experience fraud than the general public.

"With fraud becoming rampant on mobile, businesses need the tools to both know and help protect their customers, while also providing them a more convenient way to verify their identities," said Daniel Mattes, founder and Chief Executive Officer of Jumio.

"Businesses can move from taking days to verify a customer's identity to immediately authenticating a user's ID, transforming what has traditionally been a complex and costly process - ID verification - into an almost instantaneous transaction on both mobile and the web," Mattes noted.

Traditional methods for authenticating customers in the past have required documents to be transmitted through fax or mail, a lengthy process at best. Within Netverify Mobile's application, customers can register or apply by tapping the "scan now" button, which activates a smart-phone camera or computer to scan and transmit an identification document via secure 256-bit encryption.

The app not only scans, validates and extracts the customer data, but it securely stores customer credentials on a client portal, removing sensitive data from the customer's mobile or computer device, the company reported.

Businesses can integrate the app by clicking the "request info" button on the Jumio website, which initiates contact with a company representative to answer questions and begin service activation.

The company then issues a personalized application programming interface token for system integration and to perform advance testing before processing customer verifications. The application can be configured to conform to merchant branding and business processes.

As part of the automation process, Netverify Mobile sends feedback to the customer and business that the scanned document has been submitted and the identification validated, allowing transactions to continue without delay.

Jumio formed a number of strategic partnerships globally with acquiring banks and payment processors for its turnkey, end-to-end payment processing services. Netverify Mobile is available in Apple Inc. iOS, Google Inc. Android, and web versions.


Features of Netverify Mobile include:


Jumio Inc.
650-424-8545
www.jumio.com

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

previous next

Spotlight Innovators:

North American Bancard | Harbortouch | USAePay | IRISCRM.COM | Humboldt Merchant Services