Equifax, an information solutions provider, has announced its partnership with Jumio. The companies will be working together to develop a series of solutions that will create a more streamlined, secure mobile transaction process for both consumers and retailers.
The solutions will be integrated with the Equifax Mobile Wallet functionality, enabling consumers to access their cards on any mobile device to use for purchases. Shoppers can either scan their credit card with their smartphone, or utilize their smartphones in-store at the checkout counter to complete the transaction.
“The partnership with Jumio will bring our mobile commerce capabilities to the forefront of a very dynamic, cutting-edge industry,” said Anand Krishnaswamy, Vice President of Mobile Commerce, Equifax Inc. “Our joint initiatives are unmatched in the market, and we’ll be working very closely with Jumio to take our technologies and solutions to the next level by making mobile transactions easier than ever and more secure for consumers and retailers alike. Consumer identity verification, device authentication and credit card origination can now be done in real-time with just the tap of a finger.”
“Our mission is to provide our clients and their consumers with the ability to conduct a wide range of mobile transactions without a single keystroke. Our new partnership with Equifax is a key milestone on that path and we’re delighted to be partnering with the global leader in this endeavour,” said Daniel Mattes, Jumio founder and CEO. “Once we properly authenticate an opted-in customer, we now can draw upon hundreds of millions of credit cards and other consumer information records to enable consumers to expeditiously complete transactions. That’s a real game changer.”
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