Frost & Sullivan, known for their in-depth market research and analysis, has named Daon a Frost Radar Leader in their latest report. Providing background on the biometric authentication market and future growth projections, the report analyzed 19 of the top biometric authentication vendors based on Frost & Sullivan's list of key capabilities, including:
- Automated document verification reviews
- A frictionless, convenient onboarding and enrollment process
- AI and machine learning (ML) integration
- Multimodality options
- Simple integration processes and biometrics-as-a-service options
"Daon remains one of the top tier biometric authentication vendors because of its comprehensive feature set and multiple platform offerings," according to Frost & Sullivan. Our commitment to developing the most advanced, futureproof technology to craft our solutions - which offer everything outlined above, and more - has set us apart as a top performer.
The report continues, "Their focus on building out highly scalable authentication platforms that conduct multimodal biometric enrollment, authentication, and convenient access to services through mobile devices enabled them to better focus their solutions to meet the specific use cases for multiple customer groups."