Finally Solving the Fraud and ID Management

May 14, 2014
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© 2013 JUMIO, INC. – CONFIDENTIAL
Payments are Ubiquitous
Cameras are Ubiquitous
1.4 BILLION
SMARTPHONES
1 BILLION
PICS PER DAY
It’s time
they met
200+ MILLION
M-PAYMENTS USERS
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© 2013 JUMIO, INC. – CONFIDENTIAL
ABI RESEARCH 2013, 2 EDWARDS ARBITRON RESEARCH 2012 EXTRAPOLATION , GARTNER RESEARCH MAY 2012
Jumio Solutions!
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© 2013 JUMIO, INC. – CONFIDENTIAL
UX Matters: Mobile customers are savvy and impatient
Long
11 fields
160%
Short
4 fields
increase in submissions
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© 2013 JUMIO, INC. – CONFIDENTIAL
Poor Mobile Experience = Customer Abandonment
66% of users abandon mobile forms
Too many fields
Too small of a screen and keyboard
Too much time
Poor brand experience
Are you losing 2/3 of your mobile customers?
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© 2013 JUMIO, INC. – CONFIDENTIAL
Turn your customer’s smartphone into an
ID data extraction and population tool
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© 2013 JUMIO, INC. – CONFIDENTIAL
“Scan ID” Button is added.
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© 2013 JUMIO, INC. – CONFIDENTIAL
Customer scans ID.
Form gets populated.
100+ countries
Fastfill works with IDs from
across the globe.
Jumio’s patented technology
offers data extraction from:
Bar Codes or Image Recognition
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© 2013 JUMIO, INC. – CONFIDENTIAL
Turn your customer’s desktop or smartphone into
A Secure ID Scanner
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© 2013 JUMIO, INC. – CONFIDENTIAL
Authenticate people and their ID documents
Enable Your Site or Mobile App with Real-time ID Scanning & Validation & Face Match
!! Meet KYC requirements
!! Dramatically increase
conversion
!! Enhance trust & safety
!
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© 2013 JUMIO, INC. – CONFIDENTIAL
!! Create a “wow”
customer experience
Unique combination of technology & document expert review
Authenticates ID Documents From
Over 90 Countries
SECURITY FEATURES CHECKED INCLUDE
!! Layout & positioning check
!! Font comparison
!! Microprint analysis
!! Hologram check
!! MRZ code checks
!! Known forgery review
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© 2013 JUMIO, INC. – CONFIDENTIAL
Credit Card Scanning & Validation
Revenue
Engagement
Satisfaction
Chargebacks
!! Dramatically increase revenue
!! Increase customer engagement
!! Create a “wow” customer experience
!! Reduce fraud and chargeback risk
!! Increase customer satisfaction
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© 2013 JUMIO, INC. – CONFIDENTIAL
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Remove
Payment Friction with Netswipe
Scan card or key entry options
Jumio API Activated
Transaction completed
!!Card Validated
!!Customer Name filled
!!16 digit card # filled
!!Expiration date filled
!!CVV entered by customer
YOUR MOBILE APP AT CHECKOUT | INTERACTION WITH NETSWIPE SDK
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© 2013 JUMIO, INC. – CONFIDENTIAL
Reduce Credit Card Fraud Chargebacks
!! 67% reduction in fraud-related chargebacks
!! Actual, bona fide card must be present
!! Utilize card image in chargeback remediation
Turns “person-not-present” transactions to “person-present
NetSwipe
Key Entry
.19
.60
FRAUD-RELATED
CHARGEBACKS (%)
0
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0.5
1
ACTUAL CLIENT DATA – NAME WITHHELD ON REQUEST
Fast = More Transactions
Pay in under 5 seconds
Save your customers 50
seconds per transaction
MOBILE PAYMENT ENTRY TIME:
5 SECONDS
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© 2013 JUMIO, INC. – CONFIDENTIAL
Key Entry 55 SECONDS
Flexible and Scalable Platform
Platform Specs
OS PLATFORMS:
DEVICES:
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© 2013 JUMIO, INC. – CONFIDENTIAL
INTEGRATION TIME:
Minimal developer time. Go live in weeks.
PRICING MODEL:
Flexible SaaS model
* Month-to-month, annual or multi year terms
* Limited or unlimited scans per month plans available
Safe & Secure
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!!
!!
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All data transmitted with 256k bit encryption
Full redundancy on Amazon EC2 and Rackspace
Meets local jurisdiction data requirements
24/7 network monitoring and Help Desk
We apply stringent PCI
protocols to PII data
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!!
!!
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Security management
Policies and procedures
Network architecture
Software design accreditation
Ongoing certification monitoring
© 2013 JUMIO, INC. – CONFIDENTIAL
Selected Clients & Recent Awards
2013 Awards
awards
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© 2013 JUMIO, INC. – CONFIDENTIAL
Thank you!
Visit us at:
www.Jumio.com
Email us:
[email protected]
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© 2013 JUMIO, INC. – CONFIDENTIAL