KUALA LUMPUR, Feb 7 (Bernama) -- Jumio Corp announced its 2018 customer count grew 60 per cent and sales grew 70 per cent year-over-year.
The momentum speaks to significant market opportunity and demand for biometric-based identity verification and Jumio’s ability to help enterprise clients reliably and quickly verify that a new visitor is who they claim to be.
“2018 was a tremendous year for Jumio and it’s been fuelled by a number of factors including a steady barrage of high-profile data breaches, dwindling confidence in traditional forms of verification including two-factor authentication and knowledge-based authentication, and our expansion into Asia Pacific,” said Jumio chief executive officer, Stephen Stuut, in a statement today.
“There is also a direct connection between a successful 2018 and Jumio’s continued investment in AI, machine learning and augmented intelligence -- we were able to improve our own identity verification offerings and make them faster and even more accurate,” he added.
For more information, visit https://www.jumio.com.
-- BERNAMA
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