KuppingerCole Report
Market Compass
By Anne Bailey

Providers of Verified Identity

The KuppingerCole Market Compass provides an overview of the product or service offerings in a certain market segment. This Market Compass covers the Providers of Verified Identity market, and solutions with specific functionality in identity verification with potential for digital identity reuse. The rise of reusable, verified identity for use cases like remote employee onboarding and KYC for high value transactions can aid in a company’s digital transformation, as well make significant progress towards better privacy and user-centric identity management.
By Anne Bailey
aba@kuppingercole.com

1 Management Summary

The KuppingerCole Market Compass provides an overview of a market segment and the vendors in that segment. It covers the trends that are influencing t ...

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2 Market Segment

This Market Compass covers the Providers of Verified Identity, which is a look into the future of identity. This report identifies the trends that are ...

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2.1 Market Description

The Providers of Verified Identity that are covered in this Market Compass are vendors that deliver solutions to verify that a digital identity corres ...

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2.2 Major Use Cases

Providers of Verified Identity are enabling higher security, trust, and privacy beyond what traditional identity interactions could afford. The main a ...

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2.3 Market Direction

Several trends are setting the stage for reusable verified identity. Digitalization is an ongoing megatrend that impacts how consumers interact and re ...

The KuppingerCole Trend compass shows the rise and growth of video identification, following the need for verified digital identity. However, methods ...

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3 Capabilities

The Market Compass is designed to profile and compare vendors across numerous capabilities. This section details the capabilities that one should expe ...

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3.1 All Capabilities

The Providers of Verified Identity segment has a collection of standard capabilities that most solutions should include. These are listed in the table ...

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3.2 Capabilities Recommended per Use Case

The Providers of Verified Identity segment is evolving to meet several distinct use cases, as described in section 2.2. Each of these use cases requir ...

The use case for sharing identity attributes with another party, such as proving the user’s age to access age-restricted services puts emphasis on t ...

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4 Ratings at a Glance

This chapter provides a comparative overview of the participating vendors for five categories: security, deployment, interoperability, usability, and ...

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4.1 General Product Ratings

Based on our evaluation, a comparative overview of the ratings of the general standing of all the products covered in this document is shown in the ta ...

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4.2 Noteworthy Vendors for Specific Capabilities

Some vendors are better positioned to meet narrow use cases, while others have stronger offerings across the range of this market segment. We have ide ...

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4.2.1 Outstanding in Verified Identity Reuse: Microsoft & Ping Identity

Although its product is just freshly on the market, Microsoft has a strong potential to apply verified identity reuse to several different use cases, ...

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4.2.2 Outstanding in User-Centricity: 1Kosmos & Verimi

1Kosmos centers its services around the user. User identities are self-attested or onboarded from identity documents, then verified with authoritative ...

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4.2.3 Outstanding in Document Verification: Thales

Thales supports document verification for digital identity onboarding in a variety of ways: face-to-face or remotely, and from a smartphone. Depending ...

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4.2.4 Outstanding in Biometric Data Analysis: Onfido

Onfido collects biometric and liveness data with close attention to the trustworthiness of that data. Dedicated efforts with the UK’s ICO have worke ...

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4.2.5 Outstanding in Identity Attribute Collection: Avoco & Octopus

Avoco provides an identity hub which is situated between the data sources and a relying party and uses an identity API to call identity data for verif ...

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5 Product / Service Details

In the following section, each participating vendor is profiled with particular attention paid to the functionality of its product. Several important ...

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5.1 1Kosmos

1Kosmos was founded in 2018 and is headquartered in New Jersey, United States. It provides digital identity and passwordless authentication solutions ...

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5.2 Avoco Identity

Avoco Identity is based in the UK and has been delivering identity solutions since 2003. It leverages Open Banking and other authoritative identity at ...

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5.3 Callsign

Callsign, founded 2012 in London, UK, provides verified identity through strong fraud detection and adaptive authentication methods. Its Intelligence ...

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5.4 Consensys Mesh

The Identity Team at Consensys Mesh was born from the combination of Consensys’ uPort, Civil, and Alpine projects to develop open-source decentraliz ...

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5.5 esatus

Founded 1999 in Langen, Germany, esatus provides an enterprise IAM suite based on decentralized identity. Its product, SeLF, has an architecture that ...

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5.6 Evernym

Evernym was founded in 2013 in Salt Lake City, UT, USA. It is a blockchain-based solution that enables organizations to issue and request Verifiable C ...

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5.7 Experian

Experian was founded in 1996, and is based in Dublin, Ireland. Its product, CrossCore, is a fraud detection and identity verification platform for new ...

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5.8 Jumio

Jumio is based in Palo Alto, California but with Austrian roots. Founded in 2010, Jumio’s KYX Platform provides enterprises with the means to do KYC ...

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5.9 KYC-Chain

KYC-Chain was founded in 2015 as a compliance dashboard and customer on-boarding portal for KYC and identity verification, designed to create efficien ...

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5.10 Microsoft

Microsoft, founded in 1975 and based in Redmond, USA, is a familiar figure in hardware and software, digital services, and cloud infrastructure busine ...

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5.11 Octopus

Octopus was founded in 2017 is based in London, UK. It provides a self-sovereign solution allowing organizations and individuals to authorize, authent ...

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5.12 Onfido

Founded in 2012, Onfido is based in London UK. It provides hybrid and fully automated identification solutions, supported by its proprietary AI to det ...

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5.13 Oxyliom Solutions

Oxyliom Solutions was founded in 2012 and is headquartered in Luxembourg with offices in Casablanca and Dubai. Its product, the GAiA trust Platform, s ...

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5.14 Ping Identity

Ping Identity was founded in 2002 and based in Denver, Colorado. It specializes in solutions for IAM and CIAM, and with the acquisition of ShoCard in ...

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5.15 SecureKey Technologies

SecureKey Technologies (SecureKey) was founded in 2008 and is based in Toronto, Canada. SecureKey is a provider of digital identity and authentication ...

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5.16 Signicat

Signicat is headquartered in Norway and has been delivering identity solutions since 2006. It enables the customer to verify user identities by orches ...

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5.17 Thales

Thales DIS (Digital Identity & Security) division, previously called Gemalto, is based in Paris, France, and supports governments with their digital I ...

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5.18 Verimi

Verimi was founded in 2017 by a collection of 10 cross-industry shareholders to build a neutral, independent identity platform. Identities are derived ...

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5.19 WebID

WebID is based in Germany, founded in 2012. It is a digital identity provider of AML compliant IDs. WebID focuses on meeting the needs of regulated an ...

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5.20 Yes

Yes was founded in 2016 and is based in Switzerland. Yes is an Open Banking ecosystem, composed of 1,000 active bank partners and over 4,000 passive b ...

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5.21 Yoti

Yoti is a global digital identity platform based in the UK with a suite of products spanning identity verification and KYC, authentication, e-signatur ...

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6 Vendors to Watch

Besides the vendors covered in detail in this document, we observe some other vendors in the market that readers should be aware of. These vendors do ...

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Methodology

Copyright

© 2021 Kuppinger Analysts AG. All rights reserved. Reproduction and distribution of this publication in any form is forbidden unless prior written permission. All conclusions, recommendations and predictions in this document represent KuppingerCole´s initial view. Through gathering more information and performing deep analysis, positions presented in this document will be subject to refinements or even major changes. KuppingerCole disclaim all warranties as to the completeness, accuracy and/or adequacy of this information. Even if KuppingerCole research documents may discuss legal issues related to information security and technology, KuppingerCole do not provide any legal services or advice and its publications shall not be used as such. KuppingerCole shall have no liability for errors or inadequacies in the information contained in this document. Any opinion expressed may be subject to change without notice.

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