{"id":38176,"date":"2023-09-22T20:52:53","date_gmt":"2023-09-22T20:52:53","guid":{"rendered":"https:\/\/www.trulioo.com\/blog\/"},"modified":"2023-09-22T20:56:16","modified_gmt":"2023-09-22T20:56:16","slug":"market-guide-identity-verification","status":"publish","type":"post","link":"https:\/\/www.trulioo.com\/blog\/identity-verification\/market-guide-identity-verification","title":{"rendered":"Read the Gartner\u00ae Market Guide for Identity Verification"},"content":{"rendered":"\n

Organizations searching for an identity verification partner in what has become a saturated market can evaluate the features those vendors provide beyond the core process, according to the 2023 Gartner Market Guide for Identity Verification<\/a>.<\/p>\n\n\n\n

Those features, according to the report, include low-code implementation, metrics for document and selfie verification, and connectivity to data-affirmation sources.

\u201cMore mature offerings will allow an organization to configure the look and feel of the UI with respect to colors and logos to enable some alignment with corporate branding,\u201d according to the guide. \u201cThe 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.\u201d<\/p>\n\n\n\n

An Evolving Identity Verification Market<\/h2>\n\n\n\n

The report examines document-centric identity verification and the emerging shift toward portable digital identity.<\/p>\n\n\n\n

Identity Document Verification<\/strong><\/p>\n\n\n\n

Documents play a crucial role in identity verification, according to the report . Document verification involves analyzing digital images of identity documents, usually captured with a mobile phone camera, to determine if an ID is authentic. The image is then compared with a live selfie for face matching to determine if the ID matches the person presenting it.<\/p>\n\n\n\n

An additional layer of external data sources can corroborate information from the identity verification process.<\/p>\n\n\n\n

Portable Digital Identity<\/strong><\/p>\n\n\n\n

A number of digital identity programs and technologies are becoming available, including government-run identity initiatives, digital wallets and regulatory frameworks. That likely will lead to \u201ca patchwork of competing and complementary schemes for many years to come,\u201d according to the Gartner report .<\/p>\n\n\n\n

\u201cRecognize that for many years you will need to offer both identity verification and accept assertions from portable digital identity solutions,\u201d according to the guide. \u201cThere will not be a clean switch from the former to the latter.\u201d<\/p>\n\n\n\n

There are multiple factors that go into choosing an identity verification strategy, including the risk environment, legal requirements and ease of implementation. It\u2019s also important to consider:<\/p>\n\n\n\n