Report

A Client Perspective on Global Document ID&V Solutions

With the rise in synthetic identities and data breaches, FIs need to confirm the identities of new and existing customers using digital channels.  
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March 23, 2022 –With the COVID-19 pandemic continuing to impede face-to-face interactions, banks, merchants, and other businesses face an increasing need to verify the identity of the person on the other end of accelerating digital interactions. As a result, document identification and verification (ID&V) solutions are growing in popularity as a way to perform identity proofing and user authentication.

This Impact Report explores the perspectives of clients actively participating in the document ID&V vendor market, highlighting key drivers for firms seeking ID&V vendor solutions as well as factors leading to specific vendor selections. Aite-Novarica Group surveyed a group of 24 client references provided by vendors participating in the 2021 Aite Matrix report on document ID&V, to help businesses make informed decisions across a number of essential vendor capabilities.

This 34-page Impact Report contains six figures and four tables. Clients of Aite-Novarica Group’s Fraud & AML service can download this report and the corresponding charts.

This report mentions Acuant, AuthenticID, Daon, Intellicheck, Jumio, Mitek Systems, Onfido, Shufti Pro, and Socure.

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