2024 Gartner® Magic Quadrant™ for Identity Verification
Socure has been named a Leader in the Gartner inaugural Magic Quadrant™ report for Identity Verification. Gartner researched, assessed, and evaluated 11 vendors on 20 criteria based on current offering, strategy, execution, and market presence. Socure was named a Leader for completeness of vision and ability to execute.
Our key takeaways include:
- Socure provides a layered approach to fraud prevention by pairing document verification with device and PII signals along with biometric checks to maximize protection.
- Socure’s integrated passive liveness detection ensures human presence followed by a biometric face match comparison with the photo from the identity document, along with age estimation and velocity checks.
- With the rapid evolution of generative AI, the risk of deepfake images and videos — of documents and/or faces — continues to evolve.
About Predictive DocV:
Predictive DocV is the first ID verification solution in the industry to offer a layered defense for document verification. It compares a government-issued ID to the user’s selfie, while also analyzing PII, the barcode, and device and behavioral intelligence. This approach accurately detects and prevents deep fakes, fake IDs, and stolen or fabricated identities from entering the digital economy.
About the Magic Quadrant report:
Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Gartner thoroughly evaluates each vendor and based on their assessment positions them into one of four quadrants: Leaders, Challengers, Visionaries, and Niche Players. The Magic Quadrant report enables you to gain insights into the identity verification market and assess how vendors in this space align with your unique business and technology requirements.
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Gartner Reports: Gartner, Gartner Magic Quadrant, Identity Verification, October 21, 2024