The August edition of the Digital Identity Tracker brings with it a revised scoring and ranking model, as well as a host of updates that better focus our monthly collaboration with PYMNTS.com.
You can download it for youself from pymnts.com; this blog talks a bit more about the process and what's coming next!
Our goal has always been to help educate and inform the discussion around digital identity. This global view of the ecosystem around authentication is useful for anyone concerned with efficiently and securely identifying, onboarding, and granting permission for individuals to access, purchase, transact, or otherwise confirm their identity in a digital fashion.
The e-book is a compendium of news and information shaping this burgeoning area of authentication, fraud prediction and compliance, published monthly by the PYMNTS.com team.
The refined Tracker helps to filter out and better highlight which offerings innovating around core areas of the digital identity environments. This meant pulling back on some of the solutions that are more pertinent to physical or cyber-security, payments technology, and other spaces less relevant to performing these functions in a digital fashion.
In the coming months, this evolution will continue, as we work with the team to better categorize between active versus passive verification, types of digital identity verification, multi-factor authentication and fraud detection. The PYMNTS team continues to see out new solution providers and offerings that meet the needs of this dynamic market.
What to learn more? Check out the August edition of the Digital Identity Tracker at www.pymnts.com/socure
Socure is the leader in high-assurance digital identity verification. The company’s predictive analytics platform applies artificial intelligence and machine learning to trusted online/offline sources including email, phone, address, IP address, social media and traditional GLBA/DPPA data to authenticate identities in real-time. The Socure ID+ platform reduces fraud by up to 90 percent, lowers manual review/knowledge-based authentication (KBA) rates by as much as 80 percent, and automates Customer Identification Program (CIP), Know Your Customer (KYC) and anti-money laundering (AML) compliance initiatives.