Jumio, the soon-to-be-launched payment solution based in Mountain View, California, today announced part of its high profile advisory board, with industry veterans from Amazon, Google, and NASA.
Daniel Mattes, founder and CEO of Jumio, who also started Jajah.com, has invited Internet pioneers Zain Khan (former Google executive), Mark Britto (former Amazon executive) and Maarten Linthorst (former NASA partner).
“We are extremely pleased that our ideas and technology attract such talent. It shows me that we are right on track with our approach to make online and mobile payments easier and more secure,” says Mattes.
Zain Khan, a former Google executive known as the “Ops guy,” built Google’s impressive infrastructure from scratch in 1999. Zain, now turned private investor, says about Jumio: “It’s mainly the technological brilliance and the complexity that lies in this payment solution that excites a tech-person like me. Add a proven team and the product is bound to be successful.”
Board member of Bill Me Later (acquired by eBay) and founder of Accept.com (acquired by Amazon), Mark Britto was responsible for building the main payment infrastructure for Amazon. He sees Jumio as the solution to one of the few remaining Internet problems: “The challenge of fully securing online payments has been an ongoing one. Jumio is perfectly prepared to solve the problem.”
Working with NASA back in 1969, Maarten Linthorst paved the way for the Internet as we know it, interconnecting the first two servers to become the ARPANET. He also developed the X25 protocol, which is used for every credit card transaction worldwide. Linthorst believes that “Jumio will revolutionize the way we think about online payment — both from a technological and a social point of view.”
A former CEO of one of the largest online gambling groups worldwide, Bjorn Evers sees “Jumio as a definite game changer and the answer to online payment fraud.”
According to the company, Jumio’s mission is to make payments simpler, faster, more convenient and — above all — more secure. “$191 billion is the annual cost caused by credit card fraud in the United States, and it’s time to act,” says Mattes. “With our advisory board of brilliant minds, we are well-prepared.”
Source: LaunchSquad