Jumio Netswipe

Jumio Netswipe

Jumio Netswipe is an identity verification and authentication platform that uses AI and machine learning to verify identities online. It can scan ID documents and perform biometric facial recognition to combat fraud and meet KYC regulatory requirements.
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identity-verification authentication ai machine-learning kyc fraud-prevention

Jumio Netswipe: AI-Powered Identity Verification

Jumio Netswipe is an identity verification and authentication platform that uses AI and machine learning to verify identities online. It can scan ID documents and perform biometric facial recognition to combat fraud and meet KYC regulatory requirements.

What is Jumio Netswipe?

Jumio Netswipe is an AI-powered identity verification and authentication platform used by businesses to securely validate customer identities online. It uses computer vision, machine learning, and facial recognition technology to verify government-issued IDs and match selfies to ID photos in real-time.

Key features of Jumio Netswipe include:

  • ID document validation - scans the microprint, holograms, barcode and other security elements to ensure authenticity
  • Facial recognition - compares selfies to ID photos to confirm matches
  • Liveness detection - uses AI to detect spoof attempts and ensure users are real people
  • Data extraction - securely extracts key details like name, date of birth, ID number, etc. from IDs
  • Reporting and auditing tools - provides transaction summaries and audit trails for compliance
  • Integrates via API - can be embedded into online applications and workflows with ease

Jumio Netswipe helps businesses like financial services, crypto currency exchanges, online gaming sites and the sharing economy deter fraud and meet KYC and AML regulatory requirements for identity verification. Its AI-powered platform aims to increase conversion rates and provide a seamless customer onboarding experience by automating the ID validation process.

Jumio Netswipe Features

Features

  1. Identity verification and authentication
  2. AI and machine learning-powered ID document scanning
  3. Biometric facial recognition
  4. Fraud prevention
  5. KYC regulatory compliance

Pricing

  • Subscription-Based

Pros

Automated and scalable identity verification

Improved security and fraud prevention

Streamlined KYC and compliance processes

Seamless user experience

Cons

Potential privacy concerns with biometric data collection

Dependence on reliable internet connectivity

Potential for false positives in identity verification


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