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For Security & Risk Professionals

Breakout Vendors: Social Identity And Eligibility Verification (SIDEV)

SIDEV Will Supplant Traditional Identity Verification Within 24 Months

November 21, 2016

Why Read This Report

Traditional identity verification (IDV) solutions use information from customers' credit files to verify their identity online or on the phone. Social identity and eligibility verification (SIDEV) lets S&R pros use self-asserted information in social media to verify the authenticity and the eligibility of a customer for online transactions. In this report we look at three vendors that show promise in SIDEV and describe each vendor's capabilities in five areas: offering, scenarios, maturity, challenges, and road map.

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Table of Contents

  • Traditional IDV Offers A Terrible CX And Not Enough Security
  • SIDEV Makes It Almost Impossible To Fake An Identity
  • Breakout Vendors Are Changing The SIDEV Landscape
  • ID.me Verifies Legal Identity And Market Segments For Online Retailers
  • SheerID Verifies Eligibility For Teachers, Military, And First Responders
  • Socure Verifies Identities Based On Social Network Data
  • Recommendations

  • Demand Vendors Disclose SIDEV Data Sources And Uses
  • What It Means

  • Asia And Eastern Europe, FinServ Will Lead In SIDEV Adoption
  • Supplemental Material
  • Related Research Documents

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