Jumio Named Silver and Bronze Stevie Award Winner in 2019 American Business Awards

Digital identity verification provider recognized in Most Innovative
Tech Company of the Year and Fastest Growing Tech Company of the Year
categories

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.

Contacts

Media Contacts
U.S. Media Contact
Jake Kasowski
10Fold
Communications
[email protected]
(360)
635-8646

Europe Media Contact
Gemma Lingham
FleishmanHillard
Fishburn
[email protected]
+44-208-618-2812

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