authID Blog

authID.ai CEO Tom Thimot To Present at the Ladenburg Thalmann Virtual Technology Expo

Join authID CEO Tom Thimot Thursday, November 18, 2021 @ 4:00 p.m. ET Link to attend the virtual presentation: https://ladenburg21.mysequire.com/. Investors can request a one-on-one meeting with authID.ai via the event website.

2021 Fintech Security Report: Identity Authentication Risks and Customer Dissatisfaction Top List of Concerns

During the fintech industry conference Money 20/20 USA, authID.ai and independent market research firm Market Measurement conducted a survey of 113 technology and banking decisionmakers to assess attitudes toward legacy and cutting-edge identity authentication solutions. Executives, the survey found, are chiefly concer

Q3 Fiscal Year 2021 Earnings Conference Call and Webcast – Nov 8 @5PM

Q3 Fiscal Year 2021 Earnings Conference Call and Webcast November 8, 2021 @ 5PM EST To view the conference visit this page https://authid.ai/company-events

Calling All FinTech Innovators – It’s Time to Eliminate Passwords-01

Calling All FinTech Innovators – It’s Time to Eliminate Passwords

Financial technology or “FinTech” has disrupted traditional banking providers by making financial processes easier, faster, and more convenient for users. The adoption rate for FinTech around the world grew from 16% in 2015 to 64% in 2019, according to Ernst and Young’s 2019 Global FinTech Adoption Index. Moreov

Remote Workforce Demands Biometric Identity Assurance

Posted by Grace de Fries, Chief of Staff Adopting a remote work setup allowed companies and businesses to continue operations while observing quarantine protocols during the COVID-19 pandemic. As the 2020 Future of Work report shows, many executives and recruiting professionals have worries about the health of their i

Hamilton Reserve Bank Completes Temenos End-to-End Digital Transformation using authID technology

https://www.temenos.com/news/2021/08/24/hamilton-reserve-bank-completes-temenos-end-to-end-digital-transformation/

The Genius and Tragedy of FaceID

The Genius and Tragedy of FaceID

Let’s face it…passwords cause problems. One Time Passwords (OTP) & Knowledge-Based Authentication (KBA) questions used for account recovery and authentication frustrate and annoy your customers. They also pose a security risk and can be easily defeated by bad actors. Password resets cost the typical enterpr

Upgrade Your Chatbot’s IQ - Seamlessly Identify Customers with Biometrics

Upgrade Your Chatbot’s IQ – Seamlessly Identify Customers with Biometrics

Advancements in conversational artificial intelligence coupled with the growing consumer demand for better remote customer assistance are driving the adoption of chatbots across industries. Intelligent chatbot applications perform online sales, customer support, and technical support conversations via text or text-to-s

Ipsidy changes its name to authID.ai, taps cloud computing veteran Tom Thimot as new CEO

Ipsidy Inc (OTCQB:IDTY) CEO Tom Thimot tells Proactive the group has changed its name to authID.ai, whilst it undergoes a major rebrand, bringing in new executive leadership and moving its headquarters to Denver. Thimot, the former CEO of private predictive analytics firm Socure, is taking on the same role at authID.ai

Why Organizations Need to Eliminate Passwords – Once and For all

Why Organizations Need to Eliminate Passwords – Once and For all

Enterprises have long used passwords as a deterrent against bad actors trying to access their systems. However, with the many changes transpiring in the digital world, passwords have become a gateway to security risks and a source of frustrations among modern consumers. Often, organizations combine passwords with a sec

Proactive Investors: authID’s biometric identity verification services to be integrated into BPSmart’s chatbot platform

authID.ai (OTCQB:IDTY) CEO Phil Kumnick tells Proactive that AI company BPSmart will deploy authID‘s biometric identity verification services to verify each customer’s identity when interacting with BPSmart’s AI-powered, chat-based Digital Assistant Platform. Kumnick says because BPSmart’s customers

Proactive Investors: authID reports slimmer 1Q loss, recaps busy quarter in financial update

authID.ai (OTCQB:IDTY), the company delivering a suite of biometric identity verification solutions, has announced its first-quarter results, revealing a net loss that narrowed 34% year-over-year. Revenue for the three months ended March 31 was $600,000, compared to $800,000 in the same period of 2020. Net loss was $2.