Welcome to our dedicated page for AUTHID news (Ticker: AUID), a resource for investors and traders seeking the latest updates and insights on AUTHID stock.
AuthID Inc. (Nasdaq: AUID) delivers cutting-edge biometric identity verification solutions that empower enterprises to combat digital fraud and streamline secure user authentication. This dedicated news hub provides investors and industry professionals with essential updates on the company's technological advancements, strategic partnerships, and market positioning.
Discover official press releases covering product innovations, financial performance, and cybersecurity initiatives. Our curated collection ensures timely access to AuthID's developments in facial biometrics, passwordless authentication, and AI-driven fraud detection – critical areas shaping modern enterprise security landscapes.
Key updates include regulatory compliance milestones, technology patent announcements, and cross-industry deployment case studies. Bookmark this page for centralized access to AuthID's evolving role in redefining secure digital interactions across financial services, telecommunications, and regulated sectors.
authID.ai (Nasdaq: AUID), a provider of biometric identity solutions, announced the integration of its Verified CloudConnect™ platform with Microsoft Office 365 and Azure. This integration enhances identity authentication by using facial biometric technology to replace traditional passwords, thereby addressing rising cybersecurity threats linked to remote work. Verified CloudConnect™ enables seamless multi-factor authentication (MFA), ensuring secure access while maintaining user privacy. The service is available on a subscription basis, aiming to empower organizations to enhance their security infrastructure.
authID.ai (Nasdaq: AUID) has launched Verified Platform Version 2.4, designed to enhance facial biometric authentication. This upgrade offers a streamlined user experience, improved speed, and advanced AI capabilities to counter identity fraud. Key features include a modernized interface, enhanced cross-device authentication, and real-time quality analysis. The platform aims to prevent cybercriminals from accessing accounts and safeguarding user data across various applications, establishing a higher level of trust and security in online transactions.
authID.ai (Nasdaq: AUID) held its Annual Meeting of Shareholders via webcast on December 29, 2021. During the meeting, all nominated directors were re-elected, and all proposed resolutions were adopted. Shareholders approved an advisory 'Say-on-Pay' vote, which also included a decision on the frequency of future votes. CEO Tom Thimot provided an update on the company’s Q4 activities. authID.ai offers secure, mobile biometric identity authentication solutions, aiming to eliminate usernames and passwords through advanced technologies.
authID.ai (Nasdaq: AUID) has launched Verified CloudConnect, enhancing multi-factor authentication via cloud-based facial biometrics. Available on Auth0 Marketplace, this solution replaces traditional authentication methods with a more secure, in-browser experience that requires no extra apps or hardware. Users can authenticate with a live selfie analyzed for liveness, ensuring robust security against spoofing attempts. This integration aims to support diverse digital identities across B2B, B2C, and B2E environments, facilitating organizations in creating tailored security solutions.
authID.ai (Nasdaq: AUID) has announced significant leadership changes as part of its growth strategy, highlighting a commitment to customer experience and inclusivity. New appointments include Christabel Bugla as Vice President of Customer Success and Brittney Liburd as Senior Product Marketing Manager. Additionally, Grace de Fries and Max Umarov have been promoted to senior leadership roles. The company aims to enhance its biometric identity solutions and foster a diverse workforce, with nearly half of the team being people of color and/or women, as it prepares for expansion in various markets.
authID.ai (Nasdaq: AUID) announced its 2021 Annual Meeting of Stockholders will take place virtually on December 29, 2021, at 10:00 a.m. EST. Key proposals include the election of directors, ratifying auditors, and adopting a new Equity Incentive Plan. Stockholders will vote on a first-time advisory “Say-on-Pay” vote. Seven of the current eight directors are proposed for re-election, with Sanjay Puri not seeking re-election. Proxy materials have been filed with the SEC and will be distributed to stockholders, who can vote electronically before the meeting.
authID.ai (Nasdaq: AUID) has been granted U.S. Patent No. 11182777, set to be issued on November 23, 2021. This patent covers a method linking identity attributes to a Primary Account Number (PAN) for secure user authentication. It allows transactions to be authorized via biometrics without revealing sensitive data, enhancing security during identity verification processes across various platforms. CEO Tom Thimot emphasized the patent's significance in their vision of 'payments by face,' aiming for seamless and secure transactions.
authID.ai (Nasdaq: AUID) has appointed Neepa Patel as its fifth independent director amid its strategic expansion phase. With 15 years of expertise in blockchain and compliance, Patel strengthens the Board's depth in disruptive technologies. Her previous roles include CEO of Themis and Head of Compliance at R3. CEO Tom Thimot emphasizes that Patel's experience will enhance the company's efforts in new markets and value generation strategies. Patel acknowledges authID's role in evolving identity assurance and expresses confidence in its growth trajectory.
authID.ai (Nasdaq: AUID), a leader in biometric identity verification, announces that CEO Tom Thimot will present at the Ladenburg Thalmann Virtual Tech Expo on November 18, 2021, at 4:00 p.m. ET. This one-day event will feature around 50 prominent technology companies. Investors can engage in one-on-one meetings via the event's website. authID.ai offers a secure platform that utilizes biometric technology to enhance identity security without usernames or passwords.
authID.ai (formerly Ipsidy), a leader in mobile biometric identity authentication, reported a net loss of $5.2 million for Q3 2021, up from $1.9 million in Q3 2020. Revenue remained steady at $0.5 million for the quarter, totaling $1.7 million for nine months, compared to $1.6 million in 2020. The company rebranded and uplisted to NASDAQ under ticker AUID, launching its Verified™ service at Money 20/20. With a strengthened leadership team, authID.ai aims to expand its innovative biometric solutions amid growing cybersecurity demands.
