Identity assurance is vital for financial institutions as well as other businesses to determine if they are transacting with legitimate customers and part of due diligence for regulatory compliance. Fraud, identity theft, and money laundering, among other crimes,...
Jeff Scheidel, VP of Operations, authID
Transforming Identity Verification in Healthcare
While the shift to a digital world has impacted many industries, the healthcare sector has often lagged behind in that transformation. This is now changing. The current pandemic has triggered a rapid expansion of telemedicine services, and an increased reliance on...
Why Upgrade to Multi-Factor Authentication
Passwords have long been the most used authentication key across digital platforms, including bank accounts, healthcare portals, education portals, and social media sites. This singular credential, however, cannot verify if the person accessing the network is the...
Top 5 Jumio Alternatives
Jumio was an early mover with online identity verification services. With a mobile device and a selfie, their system can check the person's facial similarity to the ID's photo, and certify active liveness to ensure the person is present in real-time. Jumio leverages...
Facial Biometrics Enhance Enterprise Security and Productivity, While Providing Consistent Omni-Channel Identity Authentication
Every enterprise and their customer support agents need to ensure they are interacting with the rightful account owner. Conventional authentication methods often provide weak security and can cause significant customer inconvenience and dissatisfaction. With a...
Biometric Multi-Factor Authentication for Mobile Banking/Money Apps – Why is it Important?
Performing payments, money transfers, and other financial transactions have become more convenient through mobile devices from both banking providers and other fin-tech companies. With this increased use of digital banking, mobile money apps, and money transfer...
Protecting Account Takeover at Social Media Platforms – Is it Time for the Platforms to Embrace Strong Authentication?
Most people utilize social media for easier access to communication, information, entertainment, and e-commerce. A 2020 report from We Are Social, in partnership with Hootsuite, showed that more than 3.8 billion people are already using social media, with about 60% of...
The Importance of Trusted User Identity Verification to Counter Fraud in the Financial Sector
A financial services firm’s ability to manage their clients’ funds and personal information is anchored by their integrity. They must keep up with industry trends, regulation compliance, and technological innovation to ensure they are employing the necessary security...
Working from Home Drives Demand for ID Verification
Before today, most of your workforce came to your place of business, and perhaps only a few of your workers were authorized for discrete WFH days. Suddenly in the space of just a few days, most if not all your employees are working from home as an imperative to...
Everything You Need to Know About Identity as a Service (IDaaS)
For companies competing in today’s borderless and digital world the protection of sensitive systems as well as the confidential data of your customers is critical. When it comes to protecting these assets, the phrase identity as a service (IDaaS) comes up frequently....
The Importance of Identity Verification
The integrity of the business and financial sectors depends on their ability to attract and manage legitimate funds and transactions from legitimate customers. Companies are able to attract and retain the business of legitimate customers because of the quality and...
The Top 6 Onfido Alternatives
Onfido’s mission is to provide a new standard of identity online by helping enterprises digitally identify people. Their identity verification solution matches a government-issued ID to a person’s facial biometrics to assist enterprises in onboarding customers and...
The Benefits of MultiFactor Authentication – A Definitive Guide
There is no question cybercrime is on the rise; over 1.76 billion user records were leaked in January 2019 alone. Even worse, a recent Gallup study revealed more Americans are now afraid of cybercrime than violent offences. It’s important to understand that...
‘Tis the season for Fraudulent Transactions
The peak holiday shopping season, which began on Thanksgiving, is upon us – and it’s famous for transaction fraud and cybercrime. Having to deal with hacked accounts, fraudulent purchases, and stolen identities transforms convenient online shopping and irresistible...
authID and New Image Building Services to offer biometric identity authentication in Latin America
Detroit-based building management company New Image will resell authID’s Access, which is a cost-effective mobile biometric tracking system, and Verified, which simplifies caller identification. The joint offering will initially include authID’s Access, a...
LI firm will help prepare the voter roll for Zimbabwe’s first election since Mugabe
Long Beach based authID.ai will use biometric data to identify voters. Each voter will have photographs taken, identity documents verified and 10 fingerprints scanned.