Incode Technologies Named a Leader in the First-Ever 2024 Gartner® Magic Quadrant™ for Identity Verification

We’re excited to announce that Incode has been named a Leader in the 2024 Gartner Magic Quadrant for Identity Verification—the first-ever edition of this highly anticipated report. We feel this recognition is not just a big win for us, as Incode was recognized as a Leader among more than 11 evaluated vendors in the IDV space.  This recognition sets a new benchmark for what businesses should expect from providers in this critical area. 

We believe being named a Leader in this first-of-its-kind Magic Quadrant solidifies Incode’s position as an industry innovator, and as businesses increasingly look to digital solutions for secure, seamless user experiences, the role of identity verification is more important than ever. 

What Does Being a Leader in the First Magic Quadrant Mean? 

A Gartner Magic Quadrant is a culmination of research in a specific market, giving a wide-angle view of the relative positions of the market’s competitors. By applying a graphical treatment and a uniform set of evaluation criteria, a Magic Quadrant helps quickly ascertain how well technology providers are executing their stated visions and how well they are performing against Gartner’s market view. 

Our CEO and Founder, Ricardo Amper, put it best: “We’re incredibly honored to be named a Leader in the Gartner Magic Quadrant. We feel this recognition reflects our technological capabilities and our strong partnerships with clients.” As the threat landscape evolves, especially with the rise of deepfakes, our proprietary technology ensures our clients are always prepared to meet these challenges head-on – delivering the highest levels of accuracy”. 

So, what makes Incode stand out in this crowded and competitive space? Let’s dive into the key reasons behind our leadership position. 

Ease of Use and Fast Integration 

We understand that businesses need solutions that are not only powerful but also easy to deploy. That’s where our Workflows no-code orchestration tool comes in. 

With Workflows, businesses can simply drag and drop different components of the identity verification process to create custom workflows, all without needing to write a single line of code. This level of flexibility allows companies to quickly integrate Incode’s solutions into their operations and start seeing results right away. 

For companies dealing with high volumes of user onboarding, compliance checks, or fraud prevention, the ability to get up and running fast means less friction and more focus on delivering value to their customers. 

A True Partnership Approach: Working Hand-in-Hand with Clients 

At Incode, we don’t just provide technology; we form true partnerships with our clients. This client-first approach means that we’re not just focused on selling a service, but on working side by side with businesses to help them achieve the best results possible. 

From day one, our goal has been to help clients maximize their value—whether that means increasing user conversion rates, reducing fraud, or simplifying complex verification processes. We tailor our solutions to fit each client’s unique needs, ensuring they get the most out of our platform. 

This partnership approach is also reflected in how we structure our pricing. While we won’t dive into the details here, it’s important to note that our commitment to delivering measurable results is at the core of everything we do. Our clients can trust that we’re as invested in their success as they are. 

Constant Innovation: Staying Ahead of the Game 

Incode has always been about pushing the boundaries of what’s possible in identity verification, and our recognition as a Leader reflects our ongoing commitment to innovation. We’re constantly evolving our platform to stay ahead of emerging threats and new use cases. 

Take, for example, our deepfake detection capabilities. As digital fraud becomes more sophisticated, the need for advanced solutions that can detect even the most complex form of deception is crucial. Incode’s deepfake detection technology is designed to safeguard businesses and users alike from these growing threats. 

Another important innovation is our age-estimation tool, which has been highly ranked by the U.S. National Institute of Standards and Technology (NIST). This tool allows businesses to verify a user’s age quickly and accurately, without requiring cumbersome document uploads. For industries that deal with age-restricted transactions—like gaming, alcohol delivery, or online content services—this is a real game-changer. Not only does it enhance security, but it also streamlines the user experience by removing the need for manual document uploads. 

Built from the Ground Up: A No-Compromise Approach to Performance 

Incode’s platform is 100% proprietary, developed in-house with a focus on performance, scalability, and security from day one. Every feature, from liveness detection to document verification and injection protection, is designed for accuracy and reliability. We have more than 200 fraud checks built into our system, allowing us to maintain the highest standards across industries and use cases. 

We don’t just innovate for innovation’s sake. Every feature we develop is backed by a clear focus on delivering tangible benefits to our clients, whether it’s reducing fraud, streamlining onboarding, or improving user experience. Our roadmap is full of exciting developments, including enhanced fraud prevention capabilities, turnkey ID verification solutions for workforce use cases, and enhancements that continue to address the latest attack vectors. 

Why we believe Magic Quadrant for IDV is a Big Deal for the Industry 

This is the first time that Gartner has released a Magic Quadrant specifically focused on identity verification, and we believe it signals a major shift in how critical this technology has become for businesses of all sizes. In a world where trust is becoming increasingly digital, identity verification solutions are essential for keeping interactions secure, private, and seamless. 

We think being recognized as a Leader in this inaugural Magic Quadrant is not just a reflection of where we stand today—it’s a statement about the future of identity verification and the role Incode will play in shaping it. 

What’s Next for Incode and the Identity Verification Industry? 

Looking ahead, the future of identity verification is bright. As businesses continue to move online and interactions become increasingly digital, the need for secure, scalable, and user-friendly identity solutions will only grow. At Incode, we’re ready to lead the charge, continually improving our technology and working closely with our clients to meet their evolving needs. 

Our commitment to pushing the boundaries of technology, forging strong client partnerships, and building a future of digital trust is what will keep us at the forefront of the industry. We’re excited about what’s to come and how we can continue to add value for our clients. 

Join Us in Powering a World of Trust 

Ultimately, being named a Leader in Gartner Magic Quadrant for Identity Verification isn’t just about recognition— we believe it’s also about our commitment to creating a world where trust is seamless, secure, and scalable. 

Whether you’re a business looking for better ways to verify identities, or someone interested in the future of digital trust, we invite you to join us on this journey. To learn more about how Incode is powering a world of trust, visit www.incode.com. 

A complimentary copy of the report is available here.

Gartner Disclaimer: 
Gartner, Magic Quadrant for Identity Verification, Akif Khan, James Hoover, Nayara Sangiorgio, 21 October 2024.  

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