Market Share of Signature Verification Industry
The signature verification market is semi-consolidated, with top players have being occupying a significant share of the market. New players find it challenging to enter the market due to the dominance of existing players such as Biometric Signature ID (J C Lads Corporation), CERTIFY Global Inc., Ascertia Ltd., Kofax Inc., Entrust Datacard Corporation, Odyssey Technologies Limited, and Scriptel Corporation.
- In October 2023, Jumio has intoduced Jumio 360° Fraud Analytics for advanced fraud checks and the identity transaction will also be compared to the clusters and generate a predictive fraud score that can be used to automatically reject the transaction if it exceeds a certain threshold.
- In July 2023, Veriff, a global identity verification provider company, announced a collaboration with Taktikal, an e-signature software suite, to offer enhanced identity verification capabilities for their consumers globally. With this collaboration, Veriff adds an extra layer of security and safety to Taktikal’s automated onboarding and workflow processes through the enhanced authentication of digital signatures, enabling Taktikal to expand its customer base to new geographic regions.
Signature Verification Market Leaders
Parascript LLC
Ascertia Ltd
Jumio Corp.
Ekata Inc.
IBM Corporation
*Disclaimer: Major Players sorted in no particular order
