authID and Verified Inc. Partner to Launch 1-Click Identity Verification
13 Marzo 2024 - 6:00AM
authID Inc. (Nasdaq: AUID), a leading
provider of secure biometric identity verification and
authentication solutions, and Verified Inc., a pioneering digital
identity network that powers 1-Click onboarding experiences, today
announced a partnership to launch 1-Click identity verification.
Through the convergence of authID’s patented biometric identity
platform and Verified Inc.’s identity wallet, the companies jointly
provide instant, secure, and automated customer onboarding with the
highest identity assurance.
The abundance of stolen personal data and the acceleration of
AI-driven phishing attacks and account takeovers are driving
increasing demand for highly certain identity verification and
life-cycle multi-factor authentication. Verified Inc. provides
digital businesses, across the financial services, gaming,
insurance, shared economy, and e-commerce segments, with seamless
customer onboarding capabilities via its 1-Click Signup product,
while offering consumers a secure digital identity wallet that
allows an identity to be shared across companies. Needing a trusted
technology partner to deliver strong identity verification coupled
with a seamless user authentication experience, Verified Inc.
partnered with authID for its market-leading speed, accuracy and
precision.
“authID’s state-of-the art identity platform proved to be an
ideal solution to service our enterprise customers and their
consumers, preventing fraudulent account openings and
phishing-related account takeovers, while delivering the
convenience and frictionless experiences today’s digital savvy
consumers expect,” said Aidan McCarty, CEO and Co-Founder of
Verified Inc. “Together with authID, we’re delivering highly secure
and easily accessible identity assurance that stops fraud but does
not compromise on convenience.”
Verified Inc. will leverage authID’s biometric and
document-based identity verification to help their digital
enterprise customers onboard new users with speed and eliminate
fraud with highly accurate and quick 700ms identity verification
processing—the fastest on the market. authID delivers a
strong biometric root of trusted identity through automated
authentication of over 12,000 US and international
government-issued ID documents, PAD Level 2 liveness confirmation,
anti-spoofing checks, and facial biometric matching of a selfie to
the credential photo.
Binding the consumer’s proofed identity to their Verified Inc.
wallet, authID’s life-cycle identity platform offers consumers
the ease of a quick selfie to secure fast and friendly
access to their digital resources. With strong biometric
authentication that seamlessly confirms the true account owner in
any browser, using any desktop or mobile device, authID eliminates
the risks and hassles of friction-filled one-time PINS and
passwords that cause user abandonment, while keeping the enterprise
safe from phishing and fraud.
“authID is committed to protecting the digital ecosystem by
ensuring enterprises ‘Know Who Is Behind the Device’ at onboarding
and throughout the consumer journey to prevent cybercriminals from
performing account takeovers and seizing assets, while delivering
the fastest and easiest user experience,” said Rhon Daguro CEO of
authID.ai. “We are pleased to partner with Verified Inc. to provide
its customers and their consumers the highest levels of identity
trust with market leading speed, precision and accuracy, coupled
with frictionless identity experiences that deepen consumer
loyalty.”
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. For more information, go
to www.authID.ai.
About Verified Inc.Verified Inc. is the
Verified Network. Verify once, be verified everywhere. Our
pioneering product, 1-Click Signup, transforms long sign-up forms
into frictionless 1-Click experiences. Serving over 253M Americans,
1-Click Signup delivers +90% conversion rates and a 75% reduction
in fraud. Verified Inc. powers account creation for dozens of
companies across industries — including financial services, gaming,
insurance, shared economy, and e-commerce. With just a phone number
and with full user consent, we efficiently populate all necessary
information for new account creation in less than 10 seconds.
Backed by Tim Draper, Samsung NEXT, and Franklin Templeton, we are
leading a Signup revolution. Say goodbye to long forms and hello to
1-Click.
authID Media ContactRhon
DaguroCEOinvestorrelations@authid.ai
Verified Inc Media ContactAidan
McCartyCEOcontact@verified.inc
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