Use-Cases for Netverify

Here is a list of possible use-cases and their descriptions, that Jumio has already helped existing customers with.

KBA Replacement

Knowledge-based Authentication (KBA) is the authentication process in which users are asked a "secret" question and the user supplies a "secret" answer to authenticate themselves. With the steady stream of data breaches, there is a high chance that cyber criminals already know user's questions and answers.

User Onboarding

Consumers want a seamless journey when they are required to sign-up for something. Whether it is ordering food, renting a car, or beginning an investment, Jumio offers a quick, reliable solution for verifying new accounts.

Fraud Detection

In an ever-growing digital world, cyber criminals are becoming more and more savvy. Mitigating fraud risk is essential to a business's bottom line, as well as the consumer's experience.

KYC & AMC Compliance

Meeting Know-Your-Customer (KYC) and Anti-Money-Laundering (AML) regulations without sacrificing user experience.

Verifying Users

In a digital world, you can be anyone online. Verifying an identity is more than just finding a similar image or crowd-sourcing identity through social or online identities.

High Risk Transactions

Establishing or re-establishing identity is critical for "high-risk" electronic transactions that involve access to customer information or the movement of funds to other parties. These transactions require higher levels of identity assurance since they are more susceptible to fraud, account takeover and money laundering.

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