SEATTLE, WA – September 6, 2022 – AuthenticID, a global leader in identity proofing and fraud prevention solutions, announced that it has been listed as a Sample Vendor in 2022 Gartner® Hype Cycle™ for Digital Identity.
Every year, Gartner creates Hype Cycles across various domains to deliver key insights for business leaders on both emerging and established technologies. Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications and how they are potentially relevant to solving real business problems and exploiting new opportunities. Gartner Hype Cycle methodology gives you a view of how a technology or application will evolve over time, providing a sound source of insight to manage its deployment within the context of your specific business goals.
For digital identity, these technologies are part of the IAM and Fraud Detection domains. Gartner has recognized AuthenticID as a Sample Vendor under Document-Centric Identity Proofing (DCIP) in their most recent report.
According to Gartner, “Establishing confidence in identity is the foundation of many digital interactions involving customers or employees. While that need has been persistent, the need for high-assurance, remote identity proofing became stronger as a result of the COVID-19 pandemic. Put simply, DCIP allows organizations to have confidence in who is on the other end of that digital interaction.”
AuthenticID’s Identity Proofing solution is 100% automated, utilizing both proprietary machine learning and computer vision technology. AuthenticID solutions ensure businesses can not only catch the most sophisticated fraudulent documents and bad actors, but also can streamline the user experience to increase conversions.
“AuthenticID is proud to be recognized in this Gartner Hype Cycle report,” says AuthenticID CEO, Jeff S. Jani. “We’re driven to protect and secure people’s identities through continuous innovation. Fraud methods are becoming more sophisticated while employees and customers are demanding a better digital experience. We believe our technology meets the needs of both fraud prevention and a superior, frictionless customer experience.”
Read the Hype Cycle report.