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…
Fingerprint Cards AB and Anonybit have partnered to develop an advanced enterprise authentication system that utilizes privacy-centric biometrics. The collaboration aims to eliminate reliance on passwords, reduce data breaches, and enhance user convenience through passwordless login and continuous authentication measures. Expected to launch in 2025, this solution will bolster cybersecurity while improving operational efficiency in…
The Detroit Pistons are working with ID.me to implement a biometric verification system aimed at enhancing fan experience. This initiative ensures that tickets and perks are accessible only to real fans, protecting them from bots and fraud. ID.me’s digital identity tools are crucial for this, promising a smoother experience for attending games and accessing benefits…
A report from Trua emphasizes the rising demand for trust in online platforms as deepfakes and AI present security concerns. Biometric identity verification is vital across sectors like gaming, cryptocurrency, and dating. Companies such as Jumio and Sumsub highlight its effectiveness in combating fraud and ensuring compliance, while increased awareness of romance scams underscores the…
Daon joins the AWS ISV Accelerate program to enhance its identity verification and biometric solutions. The collaboration will enable Daon to expand its market reach and provide innovative products through the AWS marketplace. The company also launched the TrustX cloud biometrics platform in 2023 and secured a patent for deepfake detection technology. Daon has joined…
AI agents are revolutionizing the need for biometric solutions in digital identity verification. OpenAI’s Operator aims to help users distinguish themselves from AI, while Eurostar transitions from its SmartCheck system to the EU’s EES. Investments in the biometric sector are on the rise, reflecting the rapid adoption of these technologies across various applications while raising…
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:…
This article highlights recent executive appointments in the biometrics and identity management sector, including John Bagocius at FaceTec, David Barcelo at Credence ID, Christine Purcell at ID.me, Wayne Salzgaber at Grabba, and Burton M. Goldfield at artius.iD. These leaders aim to enhance business operations and market growth as the industry evolves deeply into digital security…
The global biometrics market is seeing growth, with significant activities including Sri Lanka’s passport challenges, the FBI’s biometric systems in Somalia, and new technology from J.P. Morgan and Intel. Age assurance developments aim to enhance privacy in digital ID. The U.S. is pushing for mobile driver’s licenses as cybersecurity measures, alongside ongoing discussions about biometric…
