Find out what your peers are saying about Microsoft, Cisco, Fortinet and others in Authentication Systems.
| Product | Market Share (%) |
|---|---|
| Jumio | 0.3% |
| DetectID | 0.2% |
| Other | 99.5% |
Banking customers increasingly prefer to use their mobile devices to manage their accounts, which is driving the need for banks to push digital transformation across all channels. However, the growth of online and mobile banking has also prompted a rise in cyberattacks, eroding consumer trust and elevating the risk of fraud. Legacy solutions haven't been able to keep up: passwords aren't sufficiently secure, SMS is a highly vulnerable communications channel, and tokens are too expensive and inconvenient to distribute. Transition to modern authentication that strikes a balance between a higher level of security and a frictionless user experience. DetectID lets customers use their mobile phones to safeguard all interactions on any banking channel.
When identity matters, trust Jumio. Jumio’s mission is to make the internet a safer place by protecting the ecosystems of businesses through cutting-edge online identity verification and authentication services that quickly and accurately connect a person’s online and real-world identities. Jumio’s end-to-end identity verification solutions fight fraud, maintain compliance and onboard good customers faster.
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