Between economic sanctions imposed on Russia and White House demands on the private sector to harden cyber defenses, the American cybersecurity ecosystem has reached a boiling point. Following a 2021 executive order to improve national security, the White House Office...
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Authentication Article Library
Peeling the Apple on Passkeys: Progress with Some Shortcomings
Apple announced at its Worldwide Developer Conference this week that it will launch passwordless logins across its products this fall, dubbed by WIRED as “the first major real-world shift to password elimination.” And while Apple’s rollout of passkeys is a huge step...
Hamilton Reserve Bank and Verified by authID Recognized by Fintech Futures for Fraud Protection Technology
The value of our Verified biometric authentication platform was on prominent display in Fintech Futures Banking Tech recent award to Hamilton Reserve Bank (HRB) for “Best Use of Risk, Compliance & Fraud Protection Technology”. The authID Verified platform competed...
Cloud-Biometric Authentication Fortifies FIDO’s Multi-Device Credentials
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...
We Are Digital Identity – Why Identity Management Day Matters to All of Us
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...
Data Breaches Strike Through Third-Party Compromise (passwords are to blame, again)
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...
Introducing Verified CloudConnect for Microsoft Office 365
authid.ai Adds ‘Selfies’ as a Second Factor for Authentication for Microsoft Office 365 Application Access authID.ai has officially released its newest solution for the workforce, Verified CloudConnect for Microsoft Office 365. Users on Microsoft ADFS can now...
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...
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...
Remote Workforce Demands Biometric Identity Assurance
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...
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/
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...
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...
Digital Banking Goes Passwordless
The accelerated growth of digital financial services, especially during the COVID-19 pandemic, has challenged banks and financial technology (“fintech”) firms to provide a seamless and secure method of authenticating the identity of their customers. Fintech and banks...
The Need for More Secure Healthcare Worker Authentication
Electronic health record (EHR) systems have streamlined medical practice workflows, enabling clinicians and other medical staff to coordinate and facilitate healthcare processes such as prescribing medications. Through EHR systems, prescriptions can be generated and...
The Need for Trusted Age Verification For Cannabis Sales
The move to legalize cannabis in the United States has rapidly progressed in recent years. In the last year, Arizona, Montana, New Jersey, New York, and South Dakota legalized the sale of cannabis for recreational adult use, with South Dakota and Mississippi also...