KUALA LUMPUR, Jan 28 -- Jumio, an end-to-end identity verification and authentication solutions provider announced its Jumio Authentication solution has received the 2020 Business Intelligence Group (BIG) Innovation Award.
The first-to-market video selfie authentication solution was honoured for its ability to prevent account takeover and online fraud by leveraging AI, facial biometrics and certified liveness detection.
Jumio uses a unique hybrid approach of augmented intelligence, AI, machine learning, face-based biometrics, certified liveness detection and computer vision technologies to thwart fraud, simplify compliance and determine if users are who they claim to be.
Launched last year, Jumio Authentication leverages a 3D face map to verify a user’s digital identity for online transactions in seconds, replacing passwords on any device.
It is the first to leverage biometrics for initial identity proofing and ongoing user authentication, protecting businesses from fraudsters while providing users an online experience that is fast, secure, accurate and easy to use.
Global organisations submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.
-- BERNAMA
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