PALO ALTO, Calif.--(BUSINESS WIRE)--Jumio, the leading AI-powered trusted identity as a service provider, today announced it has been named a Silver Stevie winner in the Most Innovative Tech Company of the Year category and a Bronze Stevie winner in the Fastest Growing Tech Company of the Year category in the 17th annual American Business Awards.
The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.
Jumio is the leader in AI-powered digital identity verification, completing more than 300,000 ID verifications daily and over 170 million verifications to date. A leader in online identity verification, Jumio uses a unique hybrid approach of augmented intelligence, AI, machine learning, face-based biometrics, certified liveness detection, computer vision technologies and human review to thwart fraud, simplify compliance and determine if users are who they claim to be.
Named “a company and product to watch out for” by a Stevie Award judge, Jumio was recognized for its innovative technology and impressive growth. This industry recognition builds on the momentum and its reputation as an innovation leader in the identity verification space. In February, Jumio was named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2019 where the company was honored as the 29th-ranked company globally and the second-ranked company in the security category.
Last year, Jumio grew its customer count by 60 percent and sales 70 percent year-over-year. In August 2018, Jumio launched AI Labs in Montreal dedicated to the creation, experimentation and at-scale deployment of machine learning and deep learning technologies. Jumio’s AI Labs are developing deep learning models to dramatically improve identity verification accuracy and speed.
In 2019, the company launched Jumio Authentication, a biometric-based authentication solution and Jumio Screening, a fully-automated AML screening solution. Jumio also expanded its global footprint to Latin America with a new sales office in Brazil. 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.
“Our momentous growth demonstrates the demand for more reliable means of digital identity verification solutions as more organizations digitally evolve and offer online and mobile services,” said Robert Prigge, Jumio president. “To stay ahead of the fraud curve, Jumio has made innovation a priority by investing in emerging technologies, such as AI, augmented intelligence and machine learning. This investment is delivering the most accurate and innovative digital identity solution on the market."
“The nominations submitted to The 2019 American Business Awards were outstanding. They illustrate the continued vibrancy of innovation and high level of achievement across the American economic landscape,” said Michael Gallagher, president and founder of the Stevie Awards.
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 Stevie Awards
Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
