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Investment Banking

  • Investment accounts are typically much larger than the average savings account
  • These larger targets attract more sophisticated thieves
  • authID ensures that only authorized account holders can access these high-value assets

 

 

Home » Vertical Industries » Banking – Investment Banks

Help Prevent Millions in Financial Losses and Liabilities Using Biometric Authentication

Investment banking involves large numbers, market movement, and high visibility. The people who move money between companies need authID’s strong biometric solutions to verify that the principal players investing in those companies are who they say they are before allowing funds to move between organizations.

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Solutions for Investment Banking

Investment banks tend toward advisory roles for corporate finance, valuations, and large scale funding, and they perform this not just for high-net-worth individuals but also private and public corporations.

authID recognizes the high value and high risk of investment banking. The individuals interacting with their systems are clients and their advisors who manage large sums, often involving multiple parties. We ensure that only authorized users can initiate large transactions, through strict onboarding and stringent authentication, by way of our highly accurate biometric capabilities.

Deepfakes as well as more traditional fraud attacks have successfully infiltrated high value transactional platforms.

authID Use Case - Money Transfer

Money Transfer

authID Use Case - Compliance KYC

Compliance / KYC

authID Use Case - Account Takeover Protection

Account Takeover Protection

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 Investment Banking

authID Use Case - Verticals - Industries Install Steps

Step 1

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

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Step 2

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

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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
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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.
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According to IBM Cost of a Data Breach Report - 2023