21 October 2017
« All videos

Authentication in the bitcoin ecosystem

21 May 2014 | 4910 views | 2

David Pope, marketing director Emea, Jumio, discusses the firm's market, standardisation and stance on digital currency.

Comments: (2)

A Finextra member
A Finextra member | 21 May, 2014, 14:21

Fantastic proposition but waht provisions are there for verifying that the documents being supplied are the originals and are not fakes? Is the passport number looked up and validated? Is the driving licence validated with teh DVLA?  If so then this is KYC for the digital age.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
A Finextra member
A Finextra member | 03 June, 2014, 12:46

H Sian, the Jumio Netverify service checks lots of ID doc security features such as hologram, font/font size & positioning, microprint (that's the pretty pictures of flora & fauna in the background), checksums in the long document numbers at the bottom, compares to lists of known forgeries and compares the customer's face in the device camera with the face image in the document. So lots of security provision, and enough of a deterrent to send fraudsters to sites not using this kind of technology.   

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related company information

Jumio

Related blogs

Create a blog about this story (membership required)
visit www.innotribe.comvisit www.atos.net

Top topics

Most viewed Most shared
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
10068 views comments | 22 tweets | 26 linkedin
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
8993 views comments | 17 tweets | 22 linkedin
satelliteGates Foundation backs Ripple collaboratio...
8961 views comments | 13 tweets | 10 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
8046 views comments | 9 tweets | 17 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
7731 views comments | 10 tweets | 22 linkedin