authID Wins Juniper Future Digital Award for Best Biometrics Use in Payments
October 13 2022 - 8:00AM
authID [Nasdaq: AUID], a leading provider of secure
authentication solutions, today announced that it was awarded the
“Best Biometrics Use in Payments” in Juniper Research’s Future
Digital Awards for Fintech & Payments.
Juniper’s Future Digital Awards recognize the most impactful
financial products and services that are driving innovation across
banking, retail, fintech, payments, and retail. Since its inaugural
year in 2008, the accolade has been awarded to technology companies
at the forefront of their respective fields including Amazon,
Google, and Bank of America.
“In a very competitive category, authID stood out as a clear
innovator, with its well-developed identity authentication platform
that meets the challenges in creating trust with digital identity
use,” said Nick Maynard, Head of Research at Juniper Research. “As
digital identity use grows, authID will be well placed to
capitalize on this.”
authID Verified™ fills a critical gap in the security ecosystem
by combining FIDO2 passwordless authentication with biometric
certainty. With a simple selfie, authID’s Verified™
platform provides cloud biometric authentication to verify
true account owners with the highest-level of identity assurance.
This AI-powered technology eliminates the risks and costs of
digital fraud, reputational damage, vulnerable SMS passcodes, and
challenge questions that can be easily spoofed by hackers.
“Today, cybercriminals continue to prey on passwords, legacy
MFA, and human error to wreak business havoc. At authID, we deliver
the highest level of security and identity assurance with HFA
(Human Factor Authentication), which combines FIDO2 passwordless
authentication with cloud biometrics to ensure our customers always
know the human behind a device,” said Tom Thimot, CEO of authID.
“We are honored to be recognized by Juniper Research for our use of
biometrics to secure financial services and payments organizations,
so that they can concentrate on revenue growth without compromising
fraud prevention or regulatory compliance.”
About authID
At authID (Nasdaq: AUID), We Are Digital Identity™. authID
provides secure, biometric identity products through Verified™, an
easy-to-integrate Human Factor Authentication platform. Our suite
of self-service biometric identity proofing and authentication
solutions frictionlessly eliminate passwords through consent-based
facial matching. Powered by sophisticated biometric and artificial
intelligence technologies, authID fortifies enterprise security and
trust between businesses, employees, and customers cloud biometrics
bound to the user’s identity. For more information, go
to www.authid.ai/.
About the Future Digital Awards
The Future Digital Awards recognize organizations that have made
outstanding contributions to their industry and are positioned to
make a significant impact in the future. Since 2008, the Future
Digital Awards have been awarded to tech companies at the forefront
of their respective fields: companies that deliver imaginative,
innovative products or services that have the potential to disrupt
their ecosystems and provide significant benefits to their target
audience. For more information
visit juniperresearch.com/future-digital-awards.
Media Contact Aileen McNelis NextTech
Communications amcnelis@nexttechcomms.com
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