November 1, 2022
Only dedicated biometric verification provider featured in Leadership Compass for Providers of Verified Identity 2022
iProov, the world leader in face biometric authentication technology, announced today that it has been named an Innovation Leader for its best-of-breed biometric verification solutions in the KuppingerCole Leadership Compass for Providers of Verified Identity 2022.
iProov was rated five out of five in the categories of Security and Usability and four out of five for Functionality, Deployment, and Interoperability. The report highlights several iProov’s strengths, including:
- Strong usability features
- Active bias monitoring
- Support for risk-adaptive authentication
- ISO 27001 and PAD certifications
- Multi-cloud environment
“We’ve achieved industry leadership by delivering the market’s highest performance in online security and user experience,” said Andrew Bud, founder and CEO of iProov. “This leadership has already been recognized by the governments, banks, and other organizations that are using iProov, so to have it also recognized by one of the identity industry’s leading analysts is very rewarding.
“In such a respected list of identity industry leaders, it’s great to be the only biometrics-focused vendor included. This is testament to the success of our unique best-of-breed technology. That critical step of bridging a live human being with an online identity is difficult, complex, and subject to ever-evolving criminal attacks. It can only be delivered with specialist technology and threat management.”
As iProov continues to grow its global market share and expand the regions in which it serves clients and partners, the organization was also rated as a top challenger in the Overall Leadership category that incorporates Product Leadership, Innovation Leadership, and Market Leadership rankings.
The KuppingerCole Leadership Compass for Providers of Verified Identity 2022 compares verified identity providers or vendors that conduct digital identity verification. This encompasses vetting/proofing, registration, authentication delivered through services such as document verification, biometric verification, video verification, fraud reduction, electronic signing, attribute verification, and orchestration.
iProov is one of 15 global identity vendors recognized in the report, alongside Microsoft, Experian, IDEMIA, and PingID. The report is one of the first to provide a deep dive into the fast-growing digital identity verification market and an overview of the leading identity vendors.
iProov’s patented face biometric verification and authentication technology is used by organizations globally to confirm that an online user is the right person, a real person, and that they are authenticating right now. Its Dynamic Liveness and Express Liveness technologies deliver an effortless user experience with the highest levels of security to help prevent fraud, identity theft, and other cybercrime during online onboarding, authentication, and identity recovery.
Download the Leadership Compass for Providers of Verified Identity 2022 from KuppingerCole Analysts AG here.