Tag Archives: Daniel Mattes
Jumio Provides Tech to Make Credit Card Transactions Via Webcam
Jumio’s Netswipe technology is about to revolutionize online credit card payments. The tech scans credit cards with webcams and uses the encrypted video to assess whether the card is real (plastic, raised letters, et cetera) and to record the card number and info. Users then enter the security code via keyboard and the transaction is complete! GigaOM reports that creator Daniel Mattes found a 36% reduction in fraud costs and 2.3 minutes saved per transaction when the Netswipe tech was tested in a six-week trial.
Categories Daniel Mattes, Eduardo Saverin, Jumio, Maarten Linthorst, Mark Britto, Netswipe, Zain Khan
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Eduardo Saverin Participates In Jumio’s $6.5 Million Round Of Funding
Jumio is a mobile payments solution company that is preparing to launch in the next couple of months. Facebook co-founder Eduardo Saverin has participated in the $6.5 million round of funding. He put in over half of the round according to TechCrunch. Saverin will be on Jumio’s board of directors as well.
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Categories Daniel Mattes, Eduardo Saverin, Jumio
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