Recognized for creating new opportunities in mobile technology
Palo Alto, Calif. – Oct. 14, 2013 – Jumio, Inc., the fast growing mobile credentials management company, today announced that it has been chosen by AlwaysOn as one of the 2013 OnMobile Companies to Watch. Inclusion in the OnMobile Companies to Watch signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. Jumio was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.Jumio and the OnMobile Top 100 companies will be honored at AlwaysOn’s OnMobile event on October 10th, 2013, at the Fox Theatre in Redwood City, CA.
This exclusive event gathers the Global Silicon Valley’s brightest minds at the historic Fox Theatre in the heart of Silicon Valley for a lively exchange on the top trends and most lucrative entrepreneurial opportunities in mobile. “The new digital age is being developed and deployed in a mobile, connected world. Coupled with an increasingly stable and reliable cloud infrastructure, users are abandoning their tangle of wires and embracing the freedom of mobile technology. Business and consumer users alike are connecting more and more devices, and opening up new innovation opportunities in the Global Silicon Valley,” says Tony Perkins, founder and editor of AlwaysOn. “This year’s OnMobile Companies to Watch are continuing to disrupt the established technology norms, creating an exciting new market for applications and infrastructure solutions. We congratulate the 2013 OnMobile Companies to Watch—companies that our editors believe represent some of the highest-growth opportunities in today’s private company marketplace.”
The OnMobile Companies to Watch winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2013 list.
Jumio’s Netverify integrates into consumer-facing apps or websites to scan and validate passports, driver licenses and ID cards issued by over 90 countries in real-time. Netswipe removes payment friction by turning a customer’s phone or computer into a secure credit card reader, which increases conversion rates in mobile apps and online checkout pages by as much as 3 to 5 times. “We’re proud to be chosen as an OnMobile Top 100 winner in recognition of our leadership in the mobile payment and ID verification space,” said Jumio CEO Daniel Mattes.
About Jumio
Jumio® Inc. offers next generation online and mobile credit card payments validation and ID verification products for retailers, financial institutions and governmental agencies. Designed to increase revenue, reduce fraud, and streamline customer experiences, Jumio utilizes patent-pending computer vision technology to validate and facilitate transactions while providing unprecedented levels of consumer convenience and data security.
Jumio’s Netswipe® enables customers to scan their cards in online and mobile checkout resulting in increased revenue and reduced fraud for the merchants.
Netverify® supports real-time ID verification in over 60 countries to help clients meet a variety of know-your-customer requirements. The company was founded in 2010 by CEO Daniel Mattes and is backed by top tier investors including Andreessen Horowitz, Citi Ventures and Facebook Co-Founder, Eduardo Saverin. Headquartered in Palo Alto, California Jumio operates globally with offices in the US, Europe and Asia.
About AlwaysOn
AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor, Tony Perkins in 2003, AlwaysOn’s mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.
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