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Financial Services Authentication

  • Financial services and money transfers are the lifeblood of the economy
  • These services are provided by a large variety of financial organizations
  • authID provides powerful biometric identity solutions to safeguard financial assets from online attacks

 

 

Home » Vertical Industries » Financial Services

Help Prevent Millions in Financial Losses with Biometric Authentication

The financial services industry is subject to not only strict compliance and security laws, but also constant attack.

authID Vertical Industries   - Financial Services

The Financial Services Authentication Solution

Phishing, deepfakes, phone scams and a host of other attack vectors imperil the financial space and fill the headlines with heart-breaking losses. authID ensures that only legitimate account holders and administrators can access online assets, with the most accurate and user-friendly biometric identification on the market. Users register with their physical ID and self-image on the first day and, once identity-proofed, they can securely authenticate with only a selfie, on any device, to guarantee that they alone can manage their accounts.

Biometric authentication with authID is phishing resistant, and helps prevent impersonation, deepfakes and account takeover. We also help support strict KYC and other regulations for identifying financial associates and consumers.

authID Use Case - Wire Transfer Authentication

Wire Transfer Authentication

authID Use Case - Compliance KYC

Compliance / KYC

authID Use Case - Money Transfer

Money Transfer

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 Biometric Authentication for Financial Services

authID Use Case - Verticals - Industries Install Steps

Step 1

Set up a quick biometric demo or free trial in minutes.

authID - Test Biometric Authentication Finalize Agreement Photo

Step 2

Test API calls, user experience, and the admin portal in the cloud or on-premise.

authID - Test Biometric Authentication Finalize Agreement Photo

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.

Beem Logo from authID
PickleJar Logo from authID
Hamilton Reserve Bank Logo from authID
Kompliant Logo from authID
Intellicheck Logo from authID
ShotPro Logo from authID

Providing our valued customers with a seamless identity experience was paramount to our digital transformation and growth. authID helped HRB comply with rigorous regulatory programs through secure identity verification and facial biometric matching of the customer. Biometric authentication has helped us eliminate passwords, and secure critical customer transactions. We look forward to expanding our collaboration with authID to support our rapid global expansion into new markets.

Prabhakar Kaza, CEO

Hamilton Reserve Bank Logo from authID
authID Free Trial Image

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!

We will contact you within 24 hours to set up your demo.
authID Free Trial Image

According to IBM Cost of a Data Breach Report - 2023