Bieases, an International Fintech Provider, Selects authID to Secure Digital Wallet
November 02 2023 - 8:00AM
authID Inc. (Nasdaq: AUID), a leading
provider of secure identity verification and authentication
solutions, and Bieases, an international fintech, today announced
that they will launch authID’s biometric authentication platform to
stop identity fraud and account takeover with automated digital
customer onboarding and passwordless authentication.
Bieases delivers international financial services and payments
in top global markets including the United States, United Kingdom,
and the European Union. Through its digital wallet, Bieases
supports a robust network between banks, merchants, and their
customers, helping merchants collect money both online and
offline—domestically and internationally, and offering individual
customers the most attractive international money transfer
service.
“As we launch our international digital payment wallet, authID’s
state-of-the art identity platform proved to be the ideal solution
to protect our merchants against fraudulent account openings and
offer our customers the convenience and frictionless experiences
they expect,” said Bin Li, CEO of Bieases. “authID helps Bieases
provide our valued network of banks, merchants and customers with
highly secure and easily accessible international payments and
secure identity assurance that does not compromise on
convenience.”
With phishing attacks and stolen personal data everywhere,
identity fraud and account takeover are on the rise. authID's
patented biometric identity platform accelerates good customer
conversion for Bieases with strong identity verification and
document authentication for online onboarding. The power of
authID’s biometric identity platform extends the value of that
proofed customer by binding their verified identity to the Bieases
digital wallet.
authID secures the entire Bieases digital customer journey with
seamless biometric authentication and an indisputable biometric
audit trail that eliminates the risks and hassles of entering
easily stolen passwords, or recalling secret questions, birthdates,
or recent financial transactions. authID authenticates the identity
of the true account owner every time with the ease of a quick
selfie captured and validated in 700 milliseconds—the fastest on
the market— thus delivering the faster, frictionless, and precise
user identity authentication demanded by today’s digital
ecosystem.
“authID is committed to protecting the digital fintech ecosystem
against identity fraud and account takeover with market leading
speed, precision and accuracy in biometric identity verification
and authentication,” said Rhon Daguro CEO of authID.ai. “We are
pleased to provide Bieases, its merchants, and its customers the
highest levels of identity trust along with frictionless identity
experiences that deepen customer loyalty.”
authID was recently named for the second year as “Best ID
Management Platform” in the annual FinTech Breakthrough Awards, for
its innovation across a variety of industry use cases, including
FinTech’s, banking, and other verticals. For further information
about how authID can help your organization secure your workforce
or consumer applications against identity fraud, cyberattacks and
account takeover, contact us.
About authID authID (Nasdaq: AUID) ensures
cyber-savvy enterprises “Know Who’s Behind the Device” for
every customer or employee login and transaction. Through
its easy-to-integrate, patented, biometric identity platform,
authID quickly and accurately verifies a user’s identity,
eliminating any assumption of ‘who’ is behind a device and
preventing cybercriminals from taking over accounts. authID
combines digital onboarding, FIDO2 login, and biometric
authentication and account recovery, with a fast, accurate,
user-friendly experience – delivering identity verification in
700ms. Establishing a biometric root of trust for each user
that is bound to their accounts and provisioned
devices, authID stops fraud at onboarding, eliminates password
risks and costs, and provides the faster, frictionless, and
more accurate user identity experience demanded by
operators of today’s digital ecosystems.
About BieasesBieases is an
international Fintech, providing international financial services
and payments. With a footprint around the world, including a
development and operations teams in Asia, North America, Europe,
and Africa, we fulfill the high compliance and security
requirements from top global markets such as the United States,
United Kingdom, and the European Union. Through our Bieases digital
wallet, we support international companies' global expansion with
our banking and financial partners. Bieases creates a strong
network between merchants and their customers, helping merchants
collect money online and offline domestically and internationally
and offering our individual customers the most attractive money
transfer service internationally.
authID Media Contact
Rhon DaguroCEOinvestorrelations@authid.ai
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