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...
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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...
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 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...
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...
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...
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....
Reducing eCommerce Fraud with Automated Driver’s License Verification
When the COVID-19 pandemic broke out, online shopping instantly became the new norm for many. With closed retail shops, beverage shops, and car dealers, as well as limited access to grocery stores, the ability to allow consumers to remotely acquire a broader set of...
What is CIAM?
Customer Experience is King Providing a great customer experience is what every company aspires to. Enjoying a great buying journey or experiencing quick support resolution means customers will buy more, stay loyal, and promote your brand to their friends. As...
Remote Onboarding – Banks Need to Meet Customer Demand During a Pandemic
Quarantine protocols have driven more consumers to shift from in-person visits to digital platforms for their daily activities, including banking and other financial transactions. While online and mobile banking was already on the rise before COVID-19, the pandemic...
Preventing SIM Swap Scams with Biometric Multi-Factor Authentication
In the past several years, consumers have been asked to enable SMS-based authentication on various platforms like bank accounts, mobile wireless providers, medical portals, and social media accounts, among others, to combat security threats. This two-factor...
How Ecommerce Platforms Can Leverage Biometric Identity Verification and Authentication to Mitigate Fraud
With consumers’ increasing mobile technology usage, the rapid growth of ecommerce and online shopping has dramatically changed the retail industry. There has a been a surge in ecommerce activities greatly influenced by the COVID-19 pandemic. Brick and mortar stores...
Identity Verification and Identity Document Authentication
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,...