With the future of digital identity constantly evolving, numerous brands, companies and startups have released new innovative products and solutions, each of which have provided its own value in the digital economy. Below are 30 different industry leaders breaking the barriers of data, privacy, cybersecurity and artificial intelligence.
Sumsub is a platform created for all challenges ranging from fraud prevention and identity verification to AML/KYC and KYT compliances. This AI-based solution uses these anti-fraud and compliance procedures to fight money laundering, terrorist financing and online fraud.
Socure supports automated machine-learning identity fraud risk management, as well as data-centric Know Your Customer (KYC) and Global Watchlist compliance tools一all returned with reason codes for decision transparency. Companies rely on Socure to verify customers and unblock rapid acquisition growth across all channels.
Trulioo uses a Global Identity Verification Service titled GlobalGateway, developed for the international market. Their product is created specifically to assist businesses in complying with Anti-Money Laundering (AML) and Know Your Customer (KYC).
BioCatch is a leading platform of Behavioral Biometric, Authentication and Malware Detection solutions for mobile and web applications. BioCatch delivers actionable behavioral insights to create a world of trust and ease across the entire digital identity world from account origination to monitoring online sessions and more.
5. Winding Tree
Winding Tree, an ethereum-based travel distribution platform, recently announced the launch of its digital identity verification tool, ORGiD Bot. ORGiD Bot is used in effort to further the goal of helping other industries harness blockchain technology. The tool is designed to streamline digital identity verification between blockchain businesses, help fight identity theft and impersonation, and allow users to verify their identities regardless of their location.
Atos is a leader in Governance and Digital Trust, contributing to enhancing the trust in digital and security, protecting companies and society. Atos strives to be recognized as a trustworthy digital company for corporate governance, ethics and data security.
7. PXL Vision
PXL Vision is a fully automated, AI-based identity verification technology used for digital identity verification and customer onboarding. PXL Vision’s solutions simplify and optimize customer onboarding and reliably verify identities一increasing conversion rates, reducing both costs and effort, and creating trust in online services.
ID.me is the first digital identity service that allows customers to prove who they are online while controlling how their information is shared with other brands. ID.me simplifies how individuals securely prove and share their identity online.
ID-Pal uses a digital KYC solution which enables businesses to verify the identity of clients quickly and easily. Using their mobile app, businesses can capture, verify and store customer ID information simply, securely and conveniently.
Discover Financial Services announced their new fee-based identity theft protection product, Discover Identity Theft Protection. Their product is designed to provide users with credit and identity monitoring, alerts and fraud resolution services. This was created in hopes of protecting not just card members, but all U.S. consumers from issues ranging from identity theft to fraud.
Elliptic uses crypto compliance in which services are used by crypto businesses, financial institutions, and regulators to detect and prevent financial crime in crypto assets. These blockchain analytics across more than 100 crypto-assets and 10 billion data points provide accurate, actionable insights that businesses rely on to mitigate risk and be compliant.
EVRYTHNG is a platform that provides a range of managed applications to help make products smart, all powered by the EVRYTHNG Engine which creates a unique web profile for any physical thing. The EVRYTHNG Product Cloud is an enterprise-grade PaaS for digital identity and data management at scale.
Alitheon develops software to trace the lifecycle of goods without labels, markings, or packaging. With only camera images, Alitheon FeaturePrint solutions let you verify the identity of your products-in the factory or in the field with your customers.
DocuSign is The Global Standard for Digital Transaction Management, helping more than 100,000 companies across nearly every industry and department. DocuSign uses digital transformation by putting an end to the paper chase.
15. Deep Instinct
Deep Instinct is the world’s first and only deep learning cybersecurity company. Deep Instinct developed an artificial neural network brain that holds an instinctive ability to identify attacks in just milliseconds一with the highest rate of detection and minimal false positives.
Sontiq, an intelligent identity security company, announced a new feature to their Sontiq Intelligent Identity Security (IIS) platform, RepIQ. The goal of the new feature is to allow users a better understanding of the impact their digital reputation may have on other aspects of their life.
Yoti is a digital identity system which provides a simple and secure way of proving and checking the identity of individuals, both inline and face to face. The Yoti app is designed with privacy at its core, giving users a safe way to share personal details with businesses and other individuals.
BehavioSec uses their technology, Behaviometrics, on algorithms which measure the unique pattern and natural rhythm that every user has when interacting with their devices. The security BehavioSec provides is based on the entered user information, similar to digital fingerprint.
Acuant uses advanced AI technology to assist in anti-money laundering regulations, manage fraud and fight financial crime in one platform. Acuant Compliance offers a complete solution for AML: KYC, KYB, Sanctions Screening and Transaction Monitoring, covering Bank Secrecy Act (BSA) compliance and global regulations to prevent fraud associated with online payment transactions.
Airside, a digital identity management platform, recently partnered with Acuant to create a privacy-minded, end-to-end encrypted verification tool titled: the Airside Identity App. This platform allows users, “control over where, when and how they decide to use their personal data by using no centralized databases for identity data or images.”
21. Ping Identity
Ping Identity uses the Ping Intelligent Identity platform, which provides a comprehensive suite of identity services that work in any cloud, hybrid and on-premises environment. With multi-factor authentication, single sign-on to data governance and intelligent API cybersecurity, Ping Identity helps optimize both security and convenience simultaneously.
Prove serves as a mission-critical infrastructure by leveraging Phone-Centric Identity to secure the risky aspects of digital life: banking, commerce, payments, gaming, insurance and healthcare. Proves solutions enable consumers and businesses to transact with trust, speed, ease and privacy needed to keep the digital economy safe and growing.
23. LexisNexis Risk Solutions
LexisNexis Risk Solutions provides users with solutions and decision tools that combine public and industry specific content with advanced technology and analytics to assist them in evaluating and predicting operational efficiency. The innovative solutions enable organizations to manage risks like identity theft, fraud, money laundering, terrorism, and prevent financial crimes, as well as insurance and government benefit scams.
BIO-key offers the simplicity and flexibility required to secure the modern digital experience for all users. BIO-key uses Identity & Access Management (IAM) to assist in project delivery and strong customer relationships in financial services, healthcare, education, manufacturing, communication, transportation and government.
PhoenixDAO is a community-based decentralized platform with the goal of rebirthing digital identity using custom-made solutions. The startup was created to cater to the needs of businesses and institutions while powering the next generation of DeFi apps
and has plans to operate through two main projects: a Decentralized Autonomous Organization (DAO) and through its dApps.
Jumio protects the ecosystems of businesses through the Jumio KYX Platform, a unified, end-to-end identity verification and eKYC platform offering a range of identity proofing services to accurately establish, maintain and reassert trust from account opening to ongoing transaction monitoring. Jumio’s solutions are used by leading companies in the financial services, sharing economy, digital currency, retail, travel and online gaming sectors.
Incode is a biometric digital identity platform which uses the Incode Omni program, providing face biometrics as part of an end-to-end omnichannel platform for addressing identity requirements from digital onboarding to know-your-customer (KYC) checks. Incode enables banks, retailers, marketplaces, healthcare systems and many others to provide more secure and convenient experiences for users.
Sensory develops and licenses technologies for speech recognition, natural language understanding, face and voice biometrics, wake words, computer vision, sound identification and more. Sensory is a technology development house that licenses embedded AI to differentiate products and make them safer and easier to use.
Bioconnect provides biometric access control solutions to verify a person’s identity across physical, IOT and digital applications. Bioconnect ensures the result of exact identity assurance, cybersecurity and protection of valuable company assets.
SecurID is an identity platform that provides its users capabilities for everything from authentication to governance. SecurID provides everything needed to address today’s unprecedented challenges in authentication, access management and identity governance without compromising security, ease or convenience.
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