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/Veridas: Recognized in Gartner’s 2023 Hype Cycle for Digital Identity

Miguel Zarraluqui

Miguel Zarraluqui

Head of Product Marketing

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Veridas Recognized in Gartner's 2023 Hype Cycle for Digital Identity for Second Consecutive Year

We are thrilled to announce that Veridas has again been acknowledged as a key player in Gartner’s prestigious Hype Cycle for Digital Identity, reinforcing our leadership in the realms of biometrics and digital identity verification. This recognition marks the second consecutive year that Veridas has been named a “sample vendor” in two vital categories: “Third-Party Biometrics” and “Identity Verification.”

Veridas is a pioneer in the evolving identity landscape, offering innovative solutions that bridge the gap between our physical and digital worlds. Our commitment to responsible artificial intelligence (AI) and our dedication to aligning machine decisions with human values are essential to our mission as a company.

Expanding Leadership in Third-Party Biometrics

Gartner’s inclusion of Veridas in its “Third-Party Biometrics” category showcases our commitment to creating cutting-edge technologies that utilize unique morphological and behavioral traits for identity authentication. These technologies offer multiple benefits, including enhanced user experience, improved trust, enhanced accountability, and the potential for passwordless authentication. Gartner highlights that third-party biometrics offer organizations greater control over configuration, enrollment, and customer trust. As a top-10 vendor in this category, Veridas is driving innovation and setting new standards for secure and user-friendly authentication methods.

Elevating Identity Verification Solutions: Pioneering Next-Gen Technology

Veridas is also at the forefront of the “Identity Verification” category, largely because of our groundbreaking Next-Gen Identity Verification technology. Our commitment to “Redefine Trust” has resulted in a revolutionary end-to-end platform that integrates biometric and document verification, trusted data sources, and robust fraud detection.

As Gartner emphasizes, identity verification can be a crucial enabler for remote interactions—and Veridas solutions align perfectly with this requirement. Our commitment to providing unmatched user experiences has led to an elevated conversion funnel that is widely viewed as the industry benchmark.

Fully automated and meticulously orchestrated, our IDV Platform offers a seamless integration process that streamlines operations and speeds implementation. With Veridas, businesses can easily navigate the complex landscape of identity verification, leading to enhanced operational efficiency and reduced time-to-market.

A History of Excellence and Innovation

The consistent presence of Veridas in Gartner Tier 1 documents—including the Hype Cycle for Digital Identity—reflects our commitment to delivering excellence and innovation. Our approach is rooted in a “Phygital” philosophy aimed at ensuring the rights of individuals to use their real identities in both the digital and physical realms. This philosophy drives our fully automated and proprietary identity verification and authentication solutions portfolio.

A Testament to Independent Evaluation

Our dedication to independent evaluation is highlighted by regular submissions of our biometric engines for evaluation by the National Institute of Standards and Technology (NIST). This practice ensures that our technology undergoes meticulous scrutiny—and allows us to provide clients with objective and transparent insights into the performance of our solutions.

This dedication to rigorous evaluation also has earned Veridas a reputation as a trusted industry leader. Our recent achievement as the second-best facial and voice biometric engine globally, as recognized by NIST, stands as validation of our technological proficiency.

As we continue to elevate standards for reliability and performance, our inclusion in Gartner documents provides inspiration and direction for the industry as a whole. Veridas is not just setting new standards; we are blazing a path for others to follow to ensure the common good.

Continued Growth and Innovation

We are honored to be named a “sample vendor” for the second consecutive year in Gartner’s Hype Cycle for Digital Identity. This recognition reaffirms our dedication to pushing the boundaries of biometrics and identity verification. As we continue to evolve and innovate, Veridas remains committed to providing the world with secure, seamless, and responsible solutions that empower both individuals and organizations in the digital age.

For more information on Gartner’s evaluation and industry-leading solutions from Veridas, we invite you to explore our website and engage with us on LinkedIn. Together, we are shaping the future of identity verification and authentication.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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