Secure and reliable identity verification is paramount in today’s rapidly evolving digital landscape. Individuals and organizations seek innovative solutions to protect their digital and physical identities as the world grapples with increasing fraud cases. In this context, Veridas proudly announces its inclusion as a “Luminary” in the prestigious Biometric Digital Identity Prism Report.
The Biometric Digital Identity Prism Report
Biometric digital identity has become a cornerstone of the modern age. Individuals demand greater control over their privacy in response to escalating global fraud, while public and private organizations urgently seek enhanced security measures. The Biometric Digital Identity Prism Report, introduced by FindBiometrics and Acuity Market Intelligence, is a guiding light in this complex scenario.
This report, the first installment in an ongoing research program, provides invaluable insights and strategic guidance to influencers and decision-makers across financial services, healthcare, government, and travel & hospitality sectors. Readers will gain a deep understanding of the industry’s evolutionary trends, strategic opportunities, and key differentiators to navigate the intricate realm of digital identity.
The Biometric Digital Identity Prism Report report categorizes the industry into eight beams, each representing a critical facet of the digital identity spectrum, from Big Tech to Authentication. Within each category, companies are further distinguished as Pulsar, Catalyst, or Luminary, signifying their influence and expertise in driving progress and innovation.
The Report's Assessment of Veridas
The Biometric Digital Identity Prism Report recognizes Veridas as a Luminary in the Biometric ID Platform category, a significant advancement from our previous categorization as an IDV company. This updated categorization better reflects our core identity as a company.
The report highlights Veridas’ impressive track record, noting that we have operated for over a decade, serving clients across 25 countries. Our comprehensive set of identity solutions, including ID document verification and face and voice biometrics technologies, demonstrates our commitment to meeting diverse identity needs while prioritizing data privacy and security.
Moreover, the report acknowledges Veridas’ adherence to stringent regulations such as the European Union’s GDPR and California’s CCPA, emphasizing our dedication to compliance and responsible data handling. Veridas has excelled in evaluation programs conducted by prestigious organizations like the National Institute of Standards and Technology (NIST) and iBeta, further solidifying our position as an industry leader.
Veridas’ commitment to innovation also receives praise in the report. The engineering of our own Embedded AI Hardware to power our unique Facial Biometric Access Control platform sets us apart as an innovative force in the industry. The report recognizes our ability to scale operations even during challenging times, such as the pandemic era, in response to the surging global demand for biometric digital identity solutions.
In conclusion, Veridas’ recognition as a Luminary in the Biometric Digital Identity Prism Report is a testament to our commitment to excellence and innovation. The report’s assessment affirms our position as a leading company in the Biometric ID Platform category, and we are eager to continue providing secure and reliable biometric-based identity solutions as we navigate the dynamic landscape of digital identity.
