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Five Companies Leading The Way in ID Authentication

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Identity verification is essential for online companies offering subscriptions and accounts for users as well as for those who conduct any type of sales or financial transactions in the online environment. This technology helps to ensure that a person is who they say they are, to help protect businesses and users from identity fraud and hackers. It's a compliance issue with identity verification software mandatory for certain businesses to help protect the best interests of the consumers. Companies offering identity verification services are in the right place at the right time with so many companies offering digital transactions for the sale of goods and services. Many of the businesses providing identity verification software are doing very well with sales high and strong demand for the products and solutions. Here are five companies leading the way in identity verification software development.

1. DocuSign

DocuSign is one of the best-known digital transaction management companies in the world. Most people who have signed legal documents online have seen the DocuSign logo and used the software for safer transactions across the web. DocuSign has established global standards in digital transaction management.

The company provides identity authentication tools and software for more than 100,000 clients throughout the world. They work with every known industry to eliminate the need for paper document signatures and more. Users are fully protected when using DocuSign. The company was found in 2003 in the United States of America. It's a publicly listed company with shares available for purchase if this sounds like a good stock to add to your current investment portfolio. DocuServ currently serves over 50 million and is considered one of the leading companies as well as the most trusted when it comes to the safe and secure management of digital transactions.

2. Facebook

Facebook is another popular company that specializes in ID authentication. It imposes strict standards for signing into a user account with a user name and password required to gain access. Facebook is an online social media and social networking service that is free to users. The company was founded by Mark Zuckerberg in 2004 as an American business. The mission of Facebook is to provide everyday people with the power to share and make connections in an open online social environment. The company is publicly listed on the stock market with shares available for investment.

3. Prosper Marketplace

Prosper Marketplace is an American company that was founded in 2006. It specializes in peer-to-peer lending in a marketplace platform. Members invest in one another in a manner that is both socially and financially rewarding. The company facilities loan requests for borrowers in amounts that range between $2,000 to $35,000, issued by individual lenders who hope to earn interest on the funds that are loaned to peers on the site.

The goal of Prosper Marketplace is to help match borrowers with lenders with low-interest, fixed-term personal loans. The application and the process for applying for a loan, as well as the approval process, are all conducted online. This necessitates secure access that is highly protected through ID authentication software that eliminates the risk of hackers and cyber thieves accessing sensitive financial and personal information of the borrowers and lenders.

Prosper Marketplace uses this software to ensure complete and total safety and protection of its databases. This company is a privately held business that has not yet filed for an IPO to go public, but it bears watching as it is an up-and-coming ID authentication company that shows tremendous potential for long-term success.

4. LifeLock

Lifelock is a company that was founded in 2005 in the United States of America. This business is a leader in the identity theft protection industry. You may have seen some of the television commercials that the company has launched in its massive advertising campaigns. Lifelock serves consumers with a variety of tools that go the extra mile in protecting their personal and financial information by providing alerts whenever there is a suspicious activity associated with a person's social security number or other sensitive data. It also provides an insurance policy that goes toward fees for attorneys and other related legal expenses if there is any kind of failure in Lifelock's protection system. It's one of the most highly rated companies in the industry and it is publicly listed for trading on the stock market and is a company that has performed reasonably well.

5. IBM

IBM is one of the best-known technology companies in the United States. It provides a host of tech devices including computers, software, and a variety of other related services. IBM was founded in 1911 and is one of the oldest tech companies in America today. It is an innovative global technology company that is also the largest consulting employer in the entire world.

The company employs over 400,000 workers globally with a presence in 170 countries throughout the world, with its headquarters in Armonk, New York. IBM offers a wide range of services and products and it deals with sensitive personal and financial information. It's one of the leaders in identification authentication technology, as one would expect from the largest technology giant in the United States.

IBM is a publicly-traded company and you will find it listed on the stock market. It's had its ups and downs through the years, but IBM has always landed on its feet. It is one of the most popular choices for investors looking to diversify their portfolios and add a tech company to the mix. IBM is among the most stable tech companies on the market today. While any investment in stock shares represents a risk, this is a stock that is a fairly good bet as IBM isn't going anywhere but up. It's a company that has been around for more than 110 years and it's likely to be around far into the future.

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Allen Lee

Written by Allen Lee

Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language.

Read more posts by Allen Lee

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