Identity Verification
- Consumers apply for goods and services with their personal data
- Fraudsters too easily have access to that same data
- authID vouches for who’s behind the device to ensure that applicants are who they claim to be
Bad identity verification costs millions. How are you going to protect your business?
More than 78% of American adults prefer to do their banking only online. Students take classes remotely. Even medical checkups are often done over the internet. But username and password still end up being the primary set of credentials used in asserting identity. Given the virtual anonymity of online interaction, this is hardly sufficient. Even if the right person registered for an account in the first place, that doesn’t guarantee it’s them showing up the next time.
The Solution for Identity Verification
How does the bulk of fraud occur? It’s bad actors taking the place of legit users to claim their identity, then their access, their bank accounts, or their other online assets. Online providers need absolute assurance of identity, to protect their users from account takeovers and thefts, and protect their own brand reputation and legal standing.
authID matches the presented identity of a user with a previously-registered facial biometric, to ensure that a requesting party is a trust individual, and not an imposter. We provide a fast, accurate, intuitive and very user-friendly interface for consumers and employees to assert their identities in the form of a selfie, which is validated against an encrypted biometric hash (meaning we protect biometric data and therefore privacy). In this way, we protect a user’s digital assets, while simultaneously keeping the overall client base of the organization secure.
Password resets, account unlocks, and other interactions are secured by authID’s identity verification, preventing criminals from taking advantage of the most common attack vectors. We supply a happy path for real people, and a dead end for fraudsters.
Fintech
Banking - Business
Banking - Consumer
Speed & Accuracy
Biometrics and liveness detection are irrefutable in determining proof of life, and when correlated with a physical ID, can authenticate users remotely and securely.
vs. 7 Seconds — 10x Faster Authentication Time
1 in 1 Billion
False Match Rate Accuracy
Zero
Biometrics Stored — Supports Global Compliance With Our New No-Biometric Storage Solution
Test Our Identity Verification With True Biometric Identity Proofing
Step 1
Set up a quick biometric demo or free trial in minutes.
Step 2
Test API calls, user experience, and the admin portal in the cloud or on-premise.
Step 3
Finalize your testing and agreement to go live.
authID Has Verified Over 1 Million Identities
The authID biometric verification stack is used by millions of users at some of the top fintech, financial services, medical and hospitality companies.
At ABM we are focused at elevating the client and team member experience through technology and data. We selected authID for its combination of security, seamless user experience, shared device support, and cost-effective delivery. Their innovative biometric authentication solutions offer the ultimate in passwordless security, accuracy, and speed.
Stephanie Franklin-Thomas, CISO
According to IBM Cost of a Data Breach Report - 2023
The average data breach in the US last year cost business $4.4M. Biometric verification would have helped stop it.
Set up a free 30-day trial today to help prevent a data breach!
According to IBM Cost of a Data Breach Report - 2023