What is digital identity verification?

Digital identity verification is the process of confirming that a person is who they claim to be in online environments. This can involve technologies like facial recognition, fingerprint scanning, document verification, and behavioral analysis. Companies in this theme develop these technologies to prevent fraud and protect both businesses and consumers.

What are biometrics and why are they important?

Biometrics are unique physical characteristics—like fingerprints, facial features, or voice patterns—that can be measured and analyzed to verify identity. They're important because unlike passwords, they're extremely difficult to fake or steal. Many companies in this theme specialize in biometric verification technology that's becoming essential as traditional password security proves increasingly vulnerable.

KYC stands for "Know Your Customer," a process where businesses verify the identity of their clients. It's mandatory in many industries, especially financial services, to prevent fraud, money laundering, and terrorist financing. Several companies in this theme provide KYC solutions that make this process faster, more accurate, and less intrusive for customers.

How do deepfakes affect the digital identity market?

Deepfakes are AI-generated videos, images or audio that can realistically mimic real people. As this technology becomes more accessible, it's creating an urgent need for advanced identity verification systems that can detect fakes. This technology threat is driving significant growth for companies in this theme as businesses scramble to protect themselves from increasingly sophisticated fraud attempts.

What is identity-as-a-service (IDaaS)?

Identity-as-a-Service (IDaaS) is a cloud-based subscription model that provides businesses with identity and access management functions without requiring them to build this infrastructure themselves. These services typically include user authentication, single sign-on, and identity governance. Several companies in this theme offer IDaaS solutions that help businesses secure their digital environments.

15 handpicked stocks

Digital Identity Gatekeepers

These companies are the bouncers of the digital economy, creating the critical technologies that verify who's who online. As fraud becomes more sophisticated, these stocks represent the businesses building our digital trust infrastructure.

Han Tan | Market Analyst

Updated 2 days ago | Published at juin 17