authID Continues to Innovate its Patented Identity Verification Platform with the Launch of Verified 3.8
31 Outubro 2023 - 5:15PM
authID Inc. (Nasdaq: AUID), a leading
provider of secure identity verification and authentication
solutions, today announced the launch of Verified™ 3.8, its
next-generation platform that protects digital enterprises and the
entire user journey against identity fraud, credential compromise,
and account takeover.
Data breaches occur because enterprises merely assume they know
‘who’ is accessing applications with a continued reliance on
age-old passwords, pin codes, and secret questions, leaving those
enterprises highly susceptible to rampant phishing schemes.
authID's patented biometric identity platform counters these
attacks by helping digital enterprises ‘Know Who’s Behind the
Device’, with the highest levels of security, and without impacting
user convenience.
The Verified 3.8 release fortifies our document-based identity
verification solution for new customer onboarding by adding layers
of additional fraudulent document detection. We also refined our
user interface for both document and selfie capture and delivered
easy to use self-service onboarding workflows for our workforce
customers. authID authenticates the identity of the true account
owner every time with the ease of a quick selfie captured and
validated in sub-second speed.
authID is at the forefront of accuracy and speed. Our ability to
perform backend processing of biometric identity verification in
700 milliseconds far outshines our competition who at best offer
speeds of 4 to 9 seconds, as tested by customers. Said differently,
authID’s platform delivers identity trust at rates 5 to 10
times faster than our best competition.
“The continued innovation of the authID next-generation identity
platform delivers the fast, frictionless, and precise user identity
authentication demanded by today’s digital ecosystem,” said Rhon
Daguro CEO of authID. “authID is committed to ensuring enterprises
‘Know Who’s Behind the Device’, while delivering an easy,
frictionless user experience. Our next generation, biometric
authentication quickly and accurately verifies a user’s identity,
eliminates assumptions of ‘who’ is behind a device, and prevents
cybercriminals from infiltrating accounts and seizing assets.”
With this latest release, our product, engineering, and
development teams also prioritized efforts to deliver maximum
platform uptime and availability, improve accuracy and speed, and
increase first-pass transaction success rates. To meet market and
customer demands for additional product features to our identity
platform, authID has added new technical talent, with the
appointment of Aris Green, as Senior Staff Engineer. Mr. Green
brings twenty plus years of software development experience using
Open Source and Microsoft technologies deploying on Linux and
Windows. His compensation package includes basic salary and a grant
of options to purchase 15,000 shares of new Common Stock at a price
of $6.13 per share, pursuant to Nasdaq Rule 5635(c)(4).
For further information about how authID can help your
organization secure your workforce or consumer applications against
identity fraud, cyberattacks and account takeover, contact us.
About authID authID (Nasdaq: AUID) ensures
cyber-savvy enterprises “Know Who’s Behind the Device” for
every customer or employee login and transaction. Through
its easy-to-integrate, patented, biometric identity platform,
authID quickly and accurately verifies a user’s identity,
eliminating any assumption of ‘who’ is behind a device and
preventing cybercriminals from taking over accounts. authID
combines digital onboarding, FIDO2 login, and biometric
authentication and account recovery, with a fast, accurate,
user-friendly experience – delivering identity verification in
700ms. Establishing a biometric root of trust for each user
that is bound to their accounts and provisioned
devices, authID stops fraud at onboarding, eliminates password
risks and costs, and provides the faster, frictionless, and
more accurate user identity experience demanded by
operators of today’s digital ecosystems.
authID Media Contact
Graham AradGeneral Counselinvestorrelations@authid.ai
authID (NASDAQ:AUID)
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