authID Receives Industry Luminary Classification in The Prism Project’s 2024 Biometric Digital Identity Flagship Report
authID (Nasdaq: AUID) has been recognized as an Identity Proofing and Verification Luminary in The Prism Project's 2024 Biometric Digital Identity Flagship Report. The report, published by Acuity Market Intelligence, evaluated over 130 vendors in the global digital identity ecosystem.
The report highlights authID's key differentiators, including their proven team of identity-industry veterans, successful customer implementations with organizations like the American Board of Radiologists and ABM, and technical capabilities featuring one-in-one-billion false-match accuracy and 700ms-verification speeds.
According to The Prism Project, the global biometric digital identity industry is projected to generate over $315 billion in aggregate revenue, with biometric transactions expected to reach 5.6 trillion from 2024 through 2028. The report emphasizes biometrics' important role in reducing fraud, improving operational efficiency, preserving privacy, and enhancing user experience in digital transformation.
authID (Nasdaq: AUID) è stata riconosciuta come un Luminary nel campo della Verifica e Validazione dell'Identità nel Report di riferimento 2024 sull'Identità Digitale Biometrica del The Prism Project. Il report, pubblicato da Acuity Market Intelligence, ha valutato oltre 130 fornitori nell'ecosistema globale dell'identità digitale.
Il report evidenzia i principali fattori distintivi di authID, compreso il loro team esperto composto da veterani dell'industria dell'identità, implementazioni di successo con organizzazioni come l'American Board of Radiologists e ABM, e capacità tecniche con una precisione di falso positivo di uno su un miliardo e velocità di verifica di 700 ms.
Secondo il The Prism Project, si prevede che l'industria globale dell'identità digitale biometrica genererà oltre 315 miliardi di dollari di entrate aggregate, con transazioni biometriche che dovrebbero raggiungere i 5,6 trilioni dal 2024 al 2028. Il report sottolinea il ruolo fondamentale delle biometrie nella riduzione delle frodi, nel miglioramento dell'efficienza operativa, nella preservazione della privacy e nel miglioramento dell'esperienza utente nella trasformazione digitale.
authID (Nasdaq: AUID) ha sido reconocida como un Luminary en Prueba y Verificación de Identidad en el Informe Flagship 2024 de Identidad Digital Biométrica de The Prism Project. El informe, publicado por Acuity Market Intelligence, evaluó a más de 130 proveedores en el ecosistema global de identidad digital.
El informe destaca los diferenciadores clave de authID, incluyendo su probado equipo de veteranos de la industria de identidad, implementaciones exitosas con organizaciones como la Junta Americana de Radiólogos y ABM, y capacidades técnicas que presentan una precisión de falsos positivos de uno en mil millones y velocidades de verificación de 700 ms.
Según The Prism Project, se prevé que la industria global de identidad digital biométrica genere más de 315 mil millones de dólares en ingresos agregados, con transacciones biométricas que se espera alcancen los 5.6 billones desde 2024 hasta 2028. El informe enfatiza el papel importante de la biometría en la reducción del fraude, la mejora de la eficiencia operativa, la preservación de la privacidad y la mejora de la experiencia del usuario en la transformación digital.
authID (Nasdaq: AUID)는 The Prism Project의 2024 생체 디지털 신원 주요 보고서에서 신원 확인 및 검증 분야의 루미너리로 인정받았습니다. Acuity Market Intelligence에서 발표한 이 보고서는 글로벌 디지털 신원 생태계에서 130개 이상의 공급업체를 평가했습니다.
보고서는 authID의 주요 차별점으로 신원 산업의 베테랑으로 구성된 입증된 팀, 미국 방사선학 위원회 및 ABM과 같은 조직과의 성공적인 고객 구현, 그리고 10억분의 1의 false-match 정확도 및 700ms의 검증 속도를 특징으로 하는 기술 능력을 강조합니다.
The Prism Project에 따르면, 전 세계 생체 디지털 신원 산업은 2024년부터 2028년까지 3,150억 달러 이상의 총 수익을 생성할 것으로 예상되며, 생체 거래는 56조에 달할 것으로 보입니다. 이 보고서는 생체 인식이 사기 방지, 운영 효율성 향상, 프라이버시 보호 및 디지털 혁신에서 사용자 경험 향상에 중요한 역할을 한다고 강조합니다.
authID (Nasdaq: AUID) a été reconnue comme un Luminary dans le domaine de la vérification et de l'authentification de l'identité dans le rapport phare 2024 sur l'identité numérique biométrique du projet Prism. Le rapport, publié par Acuity Market Intelligence, a évalué plus de 130 fournisseurs dans l'écosystème mondial de l'identité numérique.
Le rapport met en avant les principaux atouts d'authID, notamment son équipe expérimentée d'anciens de l'industrie de l'identité, ses mises en œuvre réussies avec des organisations comme l'American Board of Radiologists et ABM, et ses capacités techniques, dont une précision de faux positifs d'un sur un milliard et des vitesses de vérification de 700 ms.
Selon le projet Prism, l'industrie mondiale de l'identité numérique biométrique devrait générer plus de 315 milliards de dollars de revenus totaux, les transactions biométriques devant atteindre 5,6 billions de dollars entre 2024 et 2028. Le rapport souligne le rôle crucial de la biométrie dans la réduction de la fraude, l'amélioration de l'efficacité opérationnelle, la préservation de la vie privée et l'amélioration de l'expérience utilisateur dans la transformation numérique.
authID (Nasdaq: AUID) wurde im Talentbericht 2024 des Prism Projects als herausragende Persönlichkeit im Bereich Identitätsüberprüfung und -verifizierung anerkannt. Der Bericht, veröffentlicht von Acuity Market Intelligence, bewertete über 130 Anbieter im globalen digitalen Identitätsökosystem.
Der Bericht hebt die wesentlichen Alleinstellungsmerkmale von authID hervor, einschließlich ihres bewährten Teams aus Branchen-Veteranen, erfolgreicher Kundenimplementierungen mit Organisationen wie dem American Board of Radiologists und ABM sowie technischen Fähigkeiten mit einer Genauigkeit von einer auf eine Milliarde und Verifikationsgeschwindigkeiten von 700 ms.
Nach Angaben des Prism Projects wird erwartet, dass die globale biometrische digitale Identitätsindustrie über 315 Milliarden Dollar an Gesamteinnahmen generieren wird, wobei biometrische Transaktionen von 2024 bis 2028 voraussichtlich 5,6 Billionen erreichen werden. Der Bericht betont die wichtige Rolle der Biometrie bei der Betrugsbekämpfung, der Verbesserung der Betriebseffizienz, dem Schutz der Privatsphäre und der Verbesserung des Benutzererlebnisses bei der digitalen Transformation.
- Recognition as top-ranked Identity Proofing and Verification Luminary among 130+ vendors
- Superior technical capabilities with one-in-one-billion false-match accuracy and 700ms-verification speeds
- Strong customer portfolio including American Board of Radiologists, ABM, and Beem
- Operating in a market projected to generate $315 billion in revenue through 2028
- None.
Insights
Acuity Market Intelligence's recognition of authID as a Luminary in their identity proofing category is a marketing achievement that lacks immediate financial impact. While the report projects impressive industry growth of
The technical specifications highlighted in the report - one-in-one-billion false-match accuracy and 700ms verification speeds - are competitive but not revolutionary in the biometric authentication space. While authID's organic compliance protocols and privacy protection features align with industry standards, the real differentiator would be demonstrated scalability and enterprise adoption metrics, which are notably absent from this announcement. The company's Proof and Verified products show promise in integration capabilities, but without specific performance data or competitive advantages over established players, this industry recognition serves more as a validation of existing technology rather than a breakthrough development.
authID’s deterministic biometric authentication products recognized for providing the highest level of proficiency in the Identity Proofing and Verification category
DENVER, COLORADO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced its recognition by The Prism Project in its 2024 Biometric Digital Identity Prism Flagship Report as an Identity Proofing and Verification Luminary and a driving force within the industry.
Published by Acuity Market Intelligence, the leading biometric digital identity research consultancy, the report highlights the critical role of biometrics in reducing fraud, improving operational efficiency, preserving privacy, and enhancing user experience in the era of digital transformation.
“We are extremely pleased to see authID receive the top rank in this year’s Biometric Identity Flagship Report, which includes evaluations of more than 130 vendors and organizations operating in the global digital identity ecosystem,” said Rhon Daguro, CEO of authID. “This report is the industry’s most comprehensive proprietary market analysis and receiving the highest level of proficiency within the Prism Project landscape framework is a testament to our team’s commitment to excellence in biometric authentication and identity verification.”
In addition to explaining the rapidly evolving biometric digital identity landscape, this flagship report highlights the global potential that biometric digital identity solutions offer enterprises of all industries.
“It’s clear that biometrics will play a major role in reducing fraud and enhancing user experience in the upcoming era of digital transformation,” said Maxine Most, founder of The Prism Project and Acuity Market Intelligence. “Our latest report serves as a roadmap for the biometric digital identity ecosystem and a valuable resource for decision-makers seeking to understand, evaluate, and implement biometric digital identity technology and solutions like those offered by authID that not only prevent fraud but improve operational efficiency and protect end-user privacy.”
The Prism Project in particular highlights authID’s capabilities across several key differentiators, including:
- Growth & Resources: With a team of proven identity-industry veterans, authID is in a marked growth period and is quickly proving its capabilities as the go-to partner for customers interested in seamlessly integrating its Proof and Verified products into their daily user infrastructure.
- Proof Points: The Prism Project highlights authID’s support of customers including the American Board of Radiologists, ABM, and Beem, representing a wide range of identity use cases that deliver data privacy, compliance, and ease of use. “When digitization gets complicated, authID proves that truly secure identity can feel simple,” the report noted.
- Unique Positioning: With one-in-one-billion false-match accuracy, 700ms-verification speeds, and complete privacy protection, authID provides a holistic and adaptive platform that users can trust.
- Proprietary Versus Integrated Biometrics and Document Authentication: The Prism Project highlights authID’s organic compliance protocols, which safeguard user biometrics and privacy: “From a customer perspective, they don’t have to lift a finger—compliance is just a natural part of using authID’s cutting edge facial biometrics technology.”
“With the global biometric digital identity industry estimated by the Prism Project to generate over
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 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. Contact us to discover how authID can help your organization secure your workforce or consumer applications against identity fraud, cyberattacks and account takeover.
About The Prism Project
The Prism Project (www.the-prism-project.com) is at the forefront of biometric and digital identity research and education. Created by Acuity Market Intelligence, it bridges the gap between identity technology experts and organizations seeking innovative solutions for digital transformation. Through industry collaboration and comprehensive research, The Prism Project empowers influencers and decision-makers to forge a secure, human-centric digital identity future.
About Acuity Market Intelligence
Acuity Market Intelligence (www.acuitymi.com) is a trusted research and strategic advisory firm specializing in biometrics, identity, and digital transformation. Known for delivering actionable insights and proprietary market forecasts, Acuity helps organizations navigate the rapidly evolving digital identity landscape with confidence and clarity.
For further information, interviews, sponsor inquiries, or to download Prism reports, please visit www.the-prism-project.com or contact info@the-prism-project.com.
Media Contacts
NextTech Communications
Walter Fowler
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wfowler@nexttechcomms.com
Investor Relations Contacts
Gateway Group, Inc.
Cody Slach and Alex Thompson
1-949-574-3860
AUID@gateway-grp.com
Investor-Relations@authid.ai
FAQ
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