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authID Appoints Identity Industry Veteran Erick Soto as Chief Product Officer

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authID Inc. (Nasdaq: AUID) has appointed Erick Soto as Chief Product Officer. With over 15 years of industry experience, Soto will oversee the evolution of authID's biometric identity verification and authentication platform. He will lead a team of developers and designers to enhance the company's Proof and Verified product lines.

Soto's previous roles include Chief Product Officer at Oxygen Health, Chief Product Officer – New Digital Initiatives at BBVA, and VP of Product at Socure. At Socure, he collaborated with authID's current CEO, Rhon Daguro, to build the company into a $4.5 billion valuation.

authID aims to leverage Soto's expertise to improve its processing time, liveness detection, and precision in user authentication while enhancing privacy protections. The company continues to focus on providing enterprise customers with reliable identity verification solutions to combat fraud and emerging threats.

authID Inc. (Nasdaq: AUID) ha nominato Erick Soto come Chief Product Officer. Con oltre 15 anni di esperienza nel settore, Soto supervisionerà l'evoluzione della piattaforma di verifica e autenticazione dell'identità biometrica di authID. Dirigerà un team di sviluppatori e designer per migliorare le linee di prodotto Proof e Verified dell'azienda.

I ruoli precedenti di Soto includono Chief Product Officer presso Oxygen Health, Chief Product Officer – New Digital Initiatives presso BBVA e VP of Product presso Socure. Presso Socure, ha collaborato con l'attuale CEO di authID, Rhon Daguro, per far crescere l'azienda fino a una valutazione di 4,5 miliardi di dollari.

authID punta a sfruttare l'esperienza di Soto per migliorare i tempi di elaborazione, la rilevazione della vitalità e la precisione nell'autenticazione degli utenti, garantendo al contempo maggiori protezioni della privacy. L'azienda continua a concentrarsi sull'offerta di soluzioni affidabili di verifica dell'identità per i clienti aziendali, al fine di combattere le frodi e le minacce emergenti.

authID Inc. (Nasdaq: AUID) ha nombrado a Erick Soto como Director de Producto. Con más de 15 años de experiencia en la industria, Soto supervisará la evolución de la plataforma de verificación y autenticación de identidad biométrica de authID. Dirigirá a un equipo de desarrolladores y diseñadores para mejorar las líneas de productos Proof y Verified de la compañía.

Los roles anteriores de Soto incluyen Director de Producto en Oxygen Health, Director de Producto – Nuevas Iniciativas Digitales en BBVA, y VP de Producto en Socure. En Socure, colaboró con el actual CEO de authID, Rhon Daguro, para llevar la empresa a una valoración de 4,5 mil millones de dólares.

authID busca aprovechar la experiencia de Soto para mejorar su tiempo de procesamiento, la detección de vitalidad y la precisión en la autenticación de usuarios, mientras refuerza las protecciones de privacidad. La empresa sigue enfocándose en proporcionar soluciones confiables de verificación de identidad a sus clientes empresariales para combatir el fraude y las amenazas emergentes.

authID Inc. (Nasdaq: AUID)는 Erick Soto를 최고 제품 책임자(Chief Product Officer)로 임명했습니다. Soto는 15년 이상의 산업 경험을 바탕으로 authID의 생체 인증 및 신원 확인 플랫폼의 발전을 감독하게 됩니다. 그는 개발자와 디자이너 팀을 이끌어 회사의 Proof 및 Verified 제품 라인을 개선할 것입니다.

Soto의 이전 역할에는 Oxygen Health의 최고 제품 책임자, BBVA의 디지털 신규 사업 전담 최고 제품 책임자, Socure의 제품 부사장이 포함됩니다. Socure에서 그는 현재 authID의 CEO인 Rhon Daguro와 협력하여 회사를 45억 달러의 가치를 지닌 기업으로 성장시켰습니다.

authID는 Soto의 전문성을 활용하여 처리 시간, 생체 인식 확인 및 사용자 인증의 정확성을 개선하고 개인 정보 보호를 강화하는 것을 목표로 하고 있습니다. 회사는 여전히 기업 고객에게 신뢰할 수 있는 신원 확인 솔루션을 제공하여 사기와 새로운 위협에 맞서기 위해 집중하고 있습니다.

authID Inc. (Nasdaq: AUID) a nommé Erick Soto au poste de Directeur Produit. Fort de plus de 15 ans d'expérience dans l'industrie, Soto supervisera l'évolution de la plateforme de vérification et d'authentification d'identité biométrique d'authID. Il dirigera une équipe de développeurs et de designers pour améliorer les gammes de produits Proof et Verified de l'entreprise.

Les précédents postes de Soto comprennent celui de Directeur Produit chez Oxygen Health, Directeur Produit – Nouvelles Initiatives Numériques chez BBVA, et VP Produit chez Socure. Chez Socure, il a collaboré avec le PDG actuel d'authID, Rhon Daguro, pour faire passer l'entreprise à une valorisation de 4,5 milliards de dollars.

authID vise à tirer parti de l'expertise de Soto pour améliorer ses temps de traitement, la détection de vitalité et la précision de l'authentification des utilisateurs tout en renforçant les protections de la vie privée. L'entreprise continue de se concentrer sur la fourniture de solutions fiables de vérification d'identité aux clients entreprises pour lutter contre la fraude et les menaces émergentes.

authID Inc. (Nasdaq: AUID) hat Erick Soto zum Chief Product Officer ernannt. Mit über 15 Jahren Branchenerfahrung wird Soto die Entwicklung der biometrischen Identitätsverifizierungs- und Authentifizierungsplattform von authID überwachen. Er wird ein Team von Entwicklern und Designern leiten, um die Produktlinien Proof und Verified des Unternehmens zu verbessern.

Zuvor war Soto Chief Product Officer bei Oxygen Health, Chief Product Officer – Neue digitale Initiativen bei BBVA und VP von Produkt bei Socure. Bei Socure arbeitete er mit dem aktuellen CEO von authID, Rhon Daguro, zusammen, um das Unternehmen auf eine Bewertung von 4,5 Milliarden Dollar zu steigern.

authID beabsichtigt, Sotos Expertise zu nutzen, um die Verarbeitungszeiten, die Lebenszeichen-erkennung und die Genauigkeit der Benutzerauthentifizierung zu verbessern, während der Datenschutz geschützt wird. Das Unternehmen konzentriert sich weiterhin darauf, Unternehmenskunden zuverlässige Lösungen zur Identitätsverifizierung anzubieten, um Betrug und aufkommenden Bedrohungen entgegenzuwirken.

Positive
  • Appointment of experienced industry veteran Erick Soto as Chief Product Officer
  • Soto's previous collaboration with current CEO in building a successful $4.5 billion valuation company
  • Focus on enhancing authID's biometric onboarding and authentication platform
  • Continued emphasis on improving processing time, liveness detection, and fraud prevention capabilities
Negative
  • None.

DENVER, Sept. 24, 2024 (GLOBE NEWSWIRE) -- authID Inc. (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced the appointment of Erick Soto as Chief Product Officer.

Mr. Soto, a seasoned product leader with over 15 years of industry experience, comes to authID after serving as a Chief Product Officer and adviser to successful identity verification providers, financial technology businesses, and neobanks. In his new role, Soto will oversee the evolution of the authID platform for biometrically onboarding and authenticating customers’ employees and consumers. He will direct a robust group of developers and designers working on the continuous improvement of authID’s Proof and Verified product lines to enhance performance, functionality and user experience.

Most recently serving as the Chief Product Officer at Oxygen Health, a neobank and provider of health benefit plans, Soto has also held identity positions as the Chief Product Officer – New Digital Initiatives at BBVA, the global financial services group, and as the VP of Product at Socure, a provider of identity verification and fraud prevention solutions, where he partnered with authID Chief Executive Officer, Rhon Daguro, to build Socure into a unicorn valued at $4.5 billion.

“We are excited to welcome a leader of Erick’s caliber to authID,” said Rhon Daguro. “authID will greatly benefit from Erick’s industry knowledge and experience, and it is our history of collaboration in shaping several of this industry’s most successful identity technologies that will ultimately drive increased value for our customers. I look forward to working closely with Erick again, as we continue to deliver solutions that provide our enterprise customers with absolute knowledge of who is behind the device, while also granting their users enhanced privacy protections.”

authID continues to enhance its industry-leading processing time, liveness detection, and precision in differentiating legitimate users from fakes and frauds, and also provides cutting-edge capabilities for safeguarding the privacy of users’ biometric data. 

“I am thrilled to join the authID team at this exciting time for the business,” said Erick Soto, Chief Product Officer. "I was drawn to authID because of the strength and precision of its fraud-fighting technology, and the potential to take the platform even further. Building on their years of success in delivering top-tier identity solutions gives me a strong foundation to drive further progress in identity verification and authentication. We face both known and emerging threats, and our customers rely on authID to stay ahead of these challenges while enabling them to safely onboard new users, secure accounts and protect privacy."

About authID
authID (Nasdaq: AUID) ensures 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 and eliminates any assumption of ‘who’ is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, FIDO2 passwordless login, and biometric authentication and account recovery, with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms. Binding a biometric root of trust for each user to their account, authID stops fraud at onboarding, detects and stops deepfakes, eliminates password risks and costs, and provides the fastest, frictionless, and the more accurate user identity experience demanded by today’s digital ecosystem. Discover how authID can help your organization secure your workforce or consumer applications against identity fraud, cyberattacks and account takeover at www.authID.ai.

Investor Relations Contacts

Gateway Group, Inc.
Cody Slach and Alex Thompson
1-949-574-3860
AUID@gateway-grp.com

Investor-Relations@authid.ai

Media Contact
Walter Fowler
NextTech Communications
1-631-334-3864
wfowler@nexttechcomms.com


FAQ

Who is the new Chief Product Officer of authID (AUID)?

Erick Soto has been appointed as the new Chief Product Officer of authID (AUID).

What is Erick Soto's background in the identity industry?

Erick Soto has over 15 years of industry experience, including roles as Chief Product Officer at Oxygen Health, Chief Product Officer – New Digital Initiatives at BBVA, and VP of Product at Socure.

What will be Erick Soto's main responsibilities at authID (AUID)?

Erick Soto will oversee the evolution of authID's biometric identity verification and authentication platform, leading a team to enhance the company's Proof and Verified product lines.

How does authID (AUID) plan to improve its identity verification solutions?

authID aims to enhance its processing time, liveness detection, and precision in differentiating legitimate users from frauds, while also improving privacy protections for users' biometric data.

authID Inc.

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