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...
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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...
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...
The Need for Identity Certainty in Travel in a Post-COVID World
The travel and shared living industries are among the hardest-hit sectors of the economy during the COVID-19 pandemic. Travel restrictions, physical distancing mandates, and social gathering limitations reduced in-person operations, forcing airlines, hotels, and room...
Online Entertainment & Streaming Services Seek Stronger Identity Authentication
Video and audio streaming platforms have been on the rise since before the COVID-19 outbreak. They enable legal access to various media content with greater viewer convenience. Similarly, the online gaming industry has increased its user base, especially with the...
Sharing Economy & the Need for Identity Verification
Share-based businesses have grown rapidly over recent years, with many analysts expecting this market to continue booming. According to Statista, the global sharing economy's value is forecasted to reach $335 billion by 2025, from $15 billion in 2014. Moreover, PwC...
Ready to Travel? Health Passports Will Make It Possible
The travel industry is one of the hardest-hit sectors of the economy during the COVID-19 pandemic, with air travel suffering the biggest falls. According to the US Travel Association, international travel spending in the United States decreased by 76% in 2020, while...
Time for Love; Time for Identity Verification & Online Dating (Valentine’s Day)
Finding romance has taken a virtual turn with the advent of online dating platforms. Today’s singles want to meet new people in an easier and faster way, hoping for encounters that can lead to long-term, satisfying relationships. One of the significant contributors to...
Cost of Synthetic Identity Fraud
Fraudsters have been forging credit cards, stealing credit card information, and impersonating others for as long as these financial utilities have existed. In today’s digital world where little in-person commerce is conducted, the bad guys are turning to synthetic...
Eliminate Passwords – Secure Your Network, Delight Your Customers
For decades, passwords have been the most ubiquitous form of authentication for accessing accounts and unlocking devices. The reuse of the same password by users across multiple systems and other weak authentication practices, however, are leading causes of security...
Stop Identity Fraud in Pandemic Unemployment Assistance Benefits | Comply with the CARES Act 2021
The COVID-19 pandemic has proven to be both a health crisis and an economic challenge to individuals as well as state and federal agencies. While this global crisis has made the economic rebound unsteady, it has also attracted criminals who target government benefits....
