new product offering — Jumio Authentication — uses facial data to verify users’ identities.
to circumvent? Jumio’s thought of that, apparently. Quality assurance testing company iBeta subjected Zoom 3D Face to 1,500 spoofing sessions, and says it wasn’t able to fool it once.
Jumio has come a long way since March 2016, when it which emerged frombankruptcy as it was being investigated by the government after restating its 2013 and 2014 financials. It’s now owned by private equity firm Centana Growth Partners, and says its premiere product — Netverify — has helped to verify more than 160 million identities for close to 400 customers, including Airbnb, Coinbase, United Airlines, and Instacart. The company also claims that annual recurring revenues were up 289 percent from $18 million in the second quarter of 2016 to $70 million in Q2 2018, and that it employs over 2,800 people across offices in India, Austria, the U.S., and the U.K.