Key Takeaways
- Signicat named Leader in IDC MarketScape 2025 for financial identity verification.
- Unified platform integrates eID, biometrics, NFC, and AI for secure verification.
- Orchestration tools enable adaptive, no-code workflows and risk management.
- AI fraud rising, demanding multi-layered identity protection strategies.
Signicat Recognized as Industry Leader
Signicat, a global provider of digital identity solutions, has been positioned as a Leader in the IDC MarketScape: Worldwide Identity Verification for Financial Services 2025 Vendor Assessment. The recognition underscores Signicat’s technological strength and strategic vision in enabling secure and seamless digital identity verification across financial ecosystems.
“Our mission is to make digital identity both secure and seamless, helping financial institutions build lasting digital trust with their customers,” said Pinar Alpay, Chief Product Officer at Signicat.
A Unified Platform for Global Verification
Signicat’s platform integrates multiple verification methods to deliver a secure, flexible, and borderless solution. Through its eID Hub, the company provides access to 36 national electronic identity schemes, enabling cross-border identity verification for financial institutions.
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The addition of Inverid’s ReadID technology brings NFC-based verification capabilities, allowing instant validation of biometric passports and ID cards. Complemented by VideoID, which uses AI-powered real-time video capture to detect document tampering, the platform ensures both compliance and user convenience.
Orchestrating Trust Through Automation
Signicat’s Mint no-code workflow builder empowers businesses to design custom onboarding and verification workflows without developer input. Meanwhile, RiskFlow Orchestration combines verification methods, fraud intelligence, and compliance data to automate dynamic, risk-based identity management.
This orchestration allows institutions to continuously authenticate users and adapt to evolving fraud threats, enhancing both user experience and security.
Tackling AI-Driven Fraud
Signicat’s research reveals a sharp increase in AI-generated fraud, with deepfake-related attacks rising from 0.1% in 2021 to over 12% in consumer credit by 2024. Despite this, many businesses underestimate the risk — only half track fraud consistently.
“A multi-layered, adaptive approach is essential to fight AI-driven identity fraud,” Alpay emphasized. Signicat’s platform integrates document verification, biometrics, eID schemes, and fraud intelligence, enabling proactive fraud prevention at scale.
Conclusion
Signicat’s recognition by IDC MarketScape solidifies its position at the forefront of digital identity innovation. As financial institutions confront escalating AI-driven fraud, Signicat’s orchestrated, adaptive solutions offer a critical pathway to secure digital trust at scale.
