authID's Biometric Authentication and Groundbreaking Privacy Solutions Spotlighted in New Prism Project Report
authID (Nasdaq: AUID) has been featured in a new Prism Project report by Acuity Market Intelligence, highlighting its leadership in biometric identity verification and authentication solutions. The report names authID as a 'luminary' for its platform, which achieves a one-in-one-billion false-match accuracy rate while maintaining zero-knowledge architecture for data protection.
The company's newly launched PrivacyKey™ technology, along with solutions Proof™ and Verified™, represents a significant advancement in balancing security and privacy. The Prism Project forecasts 300% growth in demand for privacy-focused biometric solutions over the next three years.
The report emphasizes authID's recent partnership with Salus to enhance credit union services for 120 million underserved individuals. The company has also secured partnerships with financial institutions, technology companies, and firms in staffing, philanthropy, and customer service sectors.
authID (Nasdaq: AUID) è stato evidenziato in un nuovo rapporto del Prism Project di Acuity Market Intelligence, che mette in luce la sua leadership nelle soluzioni di verifica e autenticazione dell'identità biometrica. Il rapporto definisce authID come un 'luminary' per la sua piattaforma, che raggiunge un tasso di accuratezza per le false corrispondenze di uno su un miliardo, mantenendo un'architettura a zero conoscenza per la protezione dei dati.
La nuova tecnologia PrivacyKey™ dell'azienda, insieme alle soluzioni Proof™ e Verified™, rappresenta un importante progresso nell'equilibrio tra sicurezza e privacy. Il Prism Project prevede una crescita del 300% nella domanda di soluzioni biometriche focalizzate sulla privacy nei prossimi tre anni.
Il rapporto sottolinea la recente partnership di authID con Salus per migliorare i servizi delle cooperative di credito per 120 milioni di individui non serviti. L'azienda ha anche stipulato alleanze con istituzioni finanziarie, aziende tecnologiche e imprese nei settori del reclutamento, della filantropia e del servizio clienti.
authID (Nasdaq: AUID) ha sido destacado en un nuevo informe del Prism Project de Acuity Market Intelligence, que resalta su liderazgo en soluciones de verificación y autenticación de identidad biométrica. El informe nombra a authID como un 'luminary' por su plataforma, que logra una tasa de precisión de coincidencias falsas de uno en mil millones, manteniendo una arquitectura de conocimiento cero para la protección de datos.
La nueva tecnología PrivacyKey™ de la compañía, junto con las soluciones Proof™ y Verified™, representa un avance significativo en el equilibrio entre seguridad y privacidad. El Prism Project pronostica un crecimiento del 300% en la demanda de soluciones biométricas enfocadas en la privacidad en los próximos tres años.
El informe enfatiza la reciente asociación de authID con Salus para mejorar los servicios de las uniones de crédito para 120 millones de individuos desatendidos. La compañía también ha asegurado asociaciones con instituciones financieras, empresas tecnológicas y firmas en los sectores de contratación, filantropía y servicio al cliente.
authID (Nasdaq: AUID)는 Acuity Market Intelligence의 새로운 Prism Project 보고서에 소개되어 생체 인식 신원 확인 및 인증 솔루션에서의 리더십을 강조했습니다. 이 보고서는 authID를 '루미너리'로 지목하며, 데이터 보호를 위한 제로 지식 아키텍처를 유지하면서 10억 분의 1의 허위 일치 정확도 비율을 달성하는 플랫폼을 소개합니다.
회사의 새로 출시된 PrivacyKey™ 기술은 Proof™ 및 Verified™ 솔루션과 함께 보안과 개인 정보 보호 간의 균형을 이루는 중요한 진전을 나타냅니다. Prism Project는 향후 3년간 개인 정보 보호에 중점을 둔 생체 인식 솔루션의 수요가 300% 성장할 것으로 예상합니다.
이 보고서는 authID의 Salus와의 최근 파트너십을 강조하여 1억 2천만 명의 서비스 미비자를 위한 신용 조합 서비스 향상을 목표로 하고 있습니다. 회사는 또한 금융 기관, 기술 회사 및 인사, 자선 및 고객 서비스 부문에서의 기업들과 파트너십을 확보했습니다.
authID (Nasdaq: AUID) a été mis en avant dans un nouveau rapport du Prism Project d'Acuity Market Intelligence, soulignant son leadership dans les solutions de vérification et d'authentification d'identité biométrique. Le rapport désigne authID comme un 'luminary' pour sa plateforme, qui atteint un taux de précision des faux appariements d'un sur un milliard tout en maintenant une architecture à connaissance nulle pour la protection des données.
La nouvelle technologie PrivacyKey™ de l'entreprise, ainsi que les solutions Proof™ et Verified™, représente une avancée significative dans l'équilibre entre sécurité et confidentialité. Le Prism Project prévoit une croissance de 300 % de la demande pour des solutions biométriques axées sur la confidentialité au cours des trois prochaines années.
Le rapport souligne le récent partenariat d'authID avec Salus pour améliorer les services des coopératives de crédit pour 120 millions de personnes mal desservies. L'entreprise a également établi des partenariats avec des institutions financières, des entreprises technologiques et des sociétés dans les secteurs du recrutement, de la philanthropie et du service client.
authID (Nasdaq: AUID) wurde in einem neuen Bericht des Prism Project von Acuity Market Intelligence hervorgehoben, der seine Führungsrolle in der biometrischen Identitätsverifizierung und Authentifizierungslösungen betont. Der Bericht bezeichnet authID als 'luminary' für seine Plattform, die eine Fehlermatching-Genauigkeitsrate von eins zu einer Milliarde erreicht und gleichzeitig eine Zero-Knowledge-Architektur zum Schutz der Daten aufrechterhält.
Die neu eingeführte Technologie PrivacyKey™ des Unternehmens, zusammen mit den Lösungen Proof™ und Verified™, stellt einen bedeutenden Fortschritt im Gleichgewicht zwischen Sicherheit und Datenschutz dar. Das Prism Project prognostiziert ein Wachstum der Nachfrage nach datenschutzorientierten biometrischen Lösungen von 300 % in den nächsten drei Jahren.
Der Bericht hebt die kürzliche Partnerschaft von authID mit Salus hervor, um die Dienstleistungen von Kreditgenossenschaften für 120 Millionen unterversorgte Personen zu verbessern. Das Unternehmen hat auch Partnerschaften mit Finanzinstituten, Technologieunternehmen sowie Firmen in den Bereichen Personalwesen, Philanthropie und Kundenservice gesichert.
- Recognition as 'luminary' in independent market report
- One-in-one-billion false-match accuracy rate achievement
- Projected 300% market growth in privacy-focused biometric solutions
- Strategic partnership with Salus reaching 120 million potential users
- None.
Insights
The Prism Project's recognition of authID as a 'luminary' in biometric authentication carries significant weight, particularly given Acuity Market Intelligence's standing as the leading research consultancy in this space. The company's PrivacyKey™ technology represents a important technological advancement in three key areas:
Technical Excellence: The one-in-one-billion false-match accuracy rate significantly exceeds typical industry standards, which often range from one-in-million to one-in-hundred-million. This precision level is particularly valuable for high-security applications in financial services and healthcare, where identity verification errors can have severe consequences.
Privacy Architecture: The zero-knowledge architecture implementation is especially noteworthy in the current regulatory landscape. By storing no biometric data, authID effectively eliminates the risk of biometric data breaches - a critical advantage as global privacy regulations like GDPR and CCPA become increasingly stringent. This approach also significantly reduces compliance costs and liability risks for client organizations.
Market Positioning: The projected 300% growth in privacy-focused biometric solutions represents a potential market expansion from approximately
The integration of liveness detection during onboarding addresses a critical vulnerability in traditional biometric systems - presentation attacks. This feature, combined with continuous identity verification, provides a robust defense against sophisticated fraud attempts while maintaining user convenience.
Dedicated findings highlight authID’s leadership in fast, frictionless, and accurate processes that do not compromise on compliance or privacy
DENVER, Feb. 20, 2025 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced its spotlight in a comprehensive independent market report by the Prism Project, which provided important independent analysis of authID's approach to privacy- and compliance-first biometric authentication. authID was named a “luminary” for its leading-edge platform for biometric identity verification and privacy protection.
Published by Acuity Market Intelligence, the leading biometric digital identity research consultancy, the report titled “Biometric Digital Identity Prism Custom Report: authID” highlights how authID's newly launched PrivacyKey™ technology reflects a paradigm shift in biometric authentication, powerfully addressing the critical balance between security and privacy. The platform boasts a one-in-one-billion false-match accuracy rate in identity verification while maintaining zero-knowledge architecture for user data protection by storing no biometric data, and joins authID solutions Proof™ and Verified™ in providing customers with an unparalleled user-identification experience.
"authID’s technology is interesting because it isn't just about security – it's about creating trust in digital interactions," said Maxine Most, founder of the Prism Project and Acuity Market Intelligence. “As the Prism Project projects a
Key Findings from the Prism Project Report:
- authID's innovative approach is “safeguarding the era of digitization” through liveness-supported face biometrics during the onboarding process as well as continuous identity verification.
- authID's proven leadership—composed of identity-industry veterans with decades of experience—are driving consistent adaptations and innovations in a rapidly evolving and increasingly critical landscape.
- The verification speeds, key-management capabilities, and frictionless ease-of-use at the center of authID’s solutions position it as a leader in both performance and customer experience.
The report highlights authID's recent partnership with Salus, which aims to enhance credit union services for 120 million underserved individuals, demonstrating the platform's scalability and real-world impact. authID's innovative approach has also attracted partnerships with leading financial institutions and technology companies, as well as firms in the staffing and hiring, philanthropy, and customer-service industries.
"The Prism Project findings validate our commitment to revolutionary identity verification solutions that prioritize both security and user privacy," said Rhon Daguro, CEO of authID. "Our PrivacyKey™ technology represents a quantum leap forward in biometric authentication, enabling businesses to provide frictionless security while maintaining the highest standards of data protection."
The dedicated authID report follows the December 2024 release of the Prism Project’s highly anticipated Biometric Digital Identity Flagship Report, which evaluated more than 250 industry players and identified the key market dynamics driving extraordinary growth in the emerging global digital identity ecosystem. The annual 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.
For more information about authID's biometric authentication solutions, visit www.authid.ai.
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, biometric authentication, and account recovery with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms. With our ground-breaking PrivacyKey Solution authID delivers all the benefits of biometric identity verification, with a 1-to-1-billion false match rate, while storing no biometric data. Binding a biometric root of trust for each user to their account, authID stops fraud at onboarding, detects and stops deepfakes, prevents account takeover, eliminates password risks and costs, and provides the fastest, most frictionless, and most 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
1-631-334-3864
wfowler@nexttechcomms.com
Investor Relations Contacts
Investor-Relations@authid.ai
Gateway Group, Inc.
Cody Slach and Alex Thompson
1-949-574-3860
AUID@gateway-grp.com
Acuity Market Intelligence
Maxine Most
1-303-449-1897
info@the-prism-project.com
FAQ
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