21 August 2017
Find out more
« All videos

Authentication in the bitcoin ecosystem

21 May 2014 | 4724 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.vasco.comvisit www.response.ncr.comvisit www.vocalink.com

Who is commenting?

A Finextra member Finextra Member Commented on: Real-time payments in...
A Finextra member Finextra Member Commented on: Barclays uses sensors...

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
11509 views comments | 26 tweets | 23 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
9765 views comments | 22 tweets | 31 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
9586 views 0 | 5 tweets | 1 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
9329 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
9241 views comments | 10 tweets | 8 linkedin