authID, a leader in biometric identity solutions, was recognized in the Prism Project report for its PrivacyKey™ technology, which prioritizes user privacy without sacrificing security. The platform boasts a one-in-a-billion accuracy rate and is projected to lead significant growth in the biometric solutions market. The report highlights authID’s collaboration with various sectors, showcasing its industry…
authID has launched PrivacyKey™, a revolutionary technology in biometric authentication that addresses privacy and compliance concerns by ensuring no actual biometric data is stored. This system uses key-pair encryption for safe processing of facial biometrics, maintaining high performance with processing speeds of 700ms and one-in-billion false-match accuracy. This solution not only enhances security and compliance…
authID has been named a top performer in Identity Proofing and Verification by The Prism Project, highlighting its strong industry experience, advanced technology, and significant client successes. The global biometric market is set for substantial growth, emphasizing the importance of biometrics in enhancing security and user experience in digital interactions. authID (Nasdaq: AUID) has been…
AuthID has launched PrivacyKey, a biometric authentication solution that does not retain any biometric data, addressing privacy and compliance concerns. The system validates identities efficiently during onboarding while ensuring that sensitive data remains secure. This development is timely given the rise in biometric technology usage and the tightening of regulations on data retention. AuthID Inc….
authID has been recognized as a Luminary in The Prism Project’s 2024 Biometric Digital Identity Flagship Report. The report acknowledges authID’s exceptional biometric authentication capabilities, highlighting its accuracy, speed, and user-friendly integration. The growing biometric market, projected to generate significant revenue, positions authID as a leader in securing digital identities and preventing fraud. authID® (Nasdaq:…
TurboCheck and authID have formed a partnership to combat hiring fraud in the digital age by integrating biometric verification technology. This collaboration focuses on addressing the escalating challenges of identity theft and AI-driven fraudulent applications. With TurboCheck’s identification of over 200,000 fake candidates and the verification of over 14,000 government IDs through authID, the partnership…
