2023 Gartner® Market Guide for Identity Verification

Get the report for an in-depth look at the recognized Representative Vendors and market considerations.

How can you ensure security, compliance, and trust? Navigating evolving fraud and compliance challenges underscores the importance of identifying the right features and partners tailored to the requirements of security and risk management leaders. Competitive identity verification providers must exhibit adaptability across diverse use cases, user confidence levels, UX expectations, and cost considerations in remote interactions, including account opening, registration, application, or enrollment.

Download the Gartner Market Guide for Identity Verification to learn:

  • Market Trends and a list of Representative IDV Vendors (including Incode)
  • Recommendations for future-proofing your business with identity verification
  • The concerns and risks of deepfakes and what to ask a provider

Key Takeaways:

  • Buyers’ needs are evolving beyond traditional know your customer (KYC) use cases. Identity verification is now being deployed more broadly in marketplace, workforce and security-focused use cases, which is increasing demand for identity verification solutions. Differentiate between vendors by focusing on features outside of the core identity verification process, such as low-code implementation, enhanced fraud detection, and connectivity to data affirmation sources such as identity graphs and government issuing authorities. Seek assurance from vendors on resistance to deepfake attacks by requesting insights on their current experience and awareness of the challenge, detection capabilities already in place, and evidence of investment in a forward-looking roadmap to stay abreast of the challenges that deepfakes pose. Be suspicious of any vendor not proactively providing you with information about the threat that deepfakes pose and how the vendor addresses it.

“The most advanced offerings provide drag-and-drop interfaces that enable deeper configuration of the UI and hence UX, such as requested data fields for the user to complete, flexibility for the user to select document types, and also calling out to third-party data affirmation sources that the vendor has integrated.”

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About Incode

Incode Technologies is revolutionizing the trust industry by transforming Identity Verification and Authentication across every major vertical. Incode serves the Financial Services, Gaming, Hospitality, Government and Entertainment sectors with the most accurate, flexible, and easy-to-integrate proprietary technology. Incode’s fully automated AI-powered platform solves Onboarding (KYC, KYB, Age Verification), Passwordless Authentication, and Payment Verification (AML) to reduce fraud and increase conversion rates with the highest privacy and safety standards.

With over $220 million raised from investors such as General Atlantic, Softbank, and JP Morgan, Incode’s “One Identity Everywhere” vision is rapidly gaining global adoption. Based in San Francisco, with offices and operations worldwide, Incode is partnering with the most innovative brands to reimagine trust. Join the identity revolution at www.incode.com.