Trends Report

Breakout Vendors: Social Identity And Eligibility Verification (SIDEV)

SIDEV Will Supplant Traditional Identity Verification Within 24 Months

November 21st, 2016
With contributors:
Stephanie Balaouras , Salvatore Schiano , Peggy Dostie

Summary

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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