authID.ai is attacking critical gaps in digital security by pioneering more secure, user-friendly identity authentication. With a quick selfie, authID.ai’s Verified™ delivers cloud-based, facial biometric authentication and anti-spoofing “liveness confirmation” that verifies the true account owner seamlessly while eliminating the risks of traditional passwords. Unlike vulnerable one-time SMS passcodes that can be easily rerouted or captured by cybercriminals or challenge questions that rely on easy-to-hack personally identifiable information (PII) data, this AI-powered technology delivers bias-free identity certainty.
Supported in-browser on any smartphone, tablet, and PC, Verified enables frictionless, multi-factor authentication that meets the demands of today’s mobile, remote users without the hassle of deploying physical authentication devices or additional MFA applications. authID.ai eliminates passwords altogether with a secure digital chain of trust bound to an individual’s verified identity. The technology obviates the need for user PII and leverages cloud-storage of an encrypted, anonymized mathematical mapping of the user’s facial topography that cannot be seized or traced back to an individual.
“Despite rising threats of cyberattacks, legacy IT and identity verification providers have largely failed to stem digital fraud and electronic asset thefts in the fintech market,” said
authID.ai recently received a Notice of Allowance from the
“This incredible honor from FinTech Breakthrough is the result of our focus on innovating for a digital-first future. With Verified, our team is already seeing meaningful results. authID’s digital chain of trust – between biometrically verified customers, their accounts, and their devices - defends fintechs against common vulnerabilities like phishing, cyberattacks or password spraying, thus preserving customer trust and lowering enterprise support costs,” said
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About authID.ai
authID.ai (Nasdaq: AUID), formerly
About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.
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Attachment
- authID.ai Wins 2022 FinTech Breakthrough Award
authID.ai Wins 2022 FinTech Breakthrough Award
Best ID Management Platform
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