All Blogs

Cloud-Biometric Authentication Fortifies FIDO’s Multi-Device Credentials

By Jeremiah Mason, SVP, Product, authID.ai On May 5, World Password Day, the FIDO Alliance and three tech giants – Microsoft, Apple and Google – announced plans to expand their support for a common passwordless sign-in standard created by the FIDO Alliance and the World Wide Web Consortium. FIDO is the acronym for

We Are Digital Identity® – Why Identity Management Day Matters to All of Us

– Tom Thimot, CEO authID.ai Over the past two years, businesses of all sizes across many industries have experienced the demand for rapid digital transformation. At the same time, our collective increased reliance on digital networks created an open season for cybercriminal opportunists to breach corporate accoun

Data Breaches Strike Through Third-Party Compromise (passwords are to blame, again)

-Brittney Liburd, Senior Manager, Product Marketing In our May 30, 2021 blog, Why Organizations Need to Eliminate Passwords – Once and For All, we talked about how passwords have become a gateway to security risks. A few successful cyber breaches stand out on this front. In early 2020, hackers infiltrated the file s

authID CEO Tom Thimot Discusses The Company’s Close of its $22.5 Million Financing Round

authID.ai (Nasdaq:AUID) CEO Tom Thimot talks to Proactive Investors about the Company’s recent closing of a $22.5 million financing round. The round was completed with the participation of new investors, as well as existing investors who increased their interest, including Jamie Dinan of York Capital, Stephen Gar

authID CEO outlines findings in 2021 Fintech Security Report, company’s plans for 2022

The State of Cybersecurity in FinTech and authID’s 2022 Plan Cybercrime is evolving, and so are identity verification and authentication requirements.   The introduction of FinTech and the amalgamation of digital technologies with financial processes have made logins and transactions more convenient. But the eff

Introducing Verified CloudConnect for Microsoft Office 365

authid.ai Adds ‘Selfies’ as a Second Factor for Authentication for Microsoft Office 365 Application Access Posted by Jeremiah Mason, SVP Product. authID.ai has officially released its newest solution for the workforce, Verified CloudConnect for Microsoft Office 365. Users on Microsoft ADFS can now authenticate inst

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

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

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