News & Events zu Authid Inc (AUID)AUIDAuthid Inc

authID Signs $2M Technology Licensing Agreement with EinStrong

authID announced a $2M technology licensing, services, and support agreement with the EinStrong Charitable Foundation, an organization dedicated to alleviating poverty and providing secure and transparent support to vulnerable groups of people around the world. To enable the further development of ESi, EinStrong's universal ID, EinStrong paid $1M for a non-exclusive authID technology license and has committed an additional $1M for new biometric de-duplication functionality and engineering support.

authID Partners with Global Retailer to Deploy Biometric Platform

authID announced that one of the largest global retailers has agreed to deploy its biometric verification and authentication platform to secure the online accounts for more than 100,000 workforce members across more than a thousand locations.

authID Partners with First Mile Labs for Biometric Identity Verification

authID announced it has been selected by First Mile Labs to provide biometric identity verification for corporate onboarding. First Mile Labs, a U.K.-based provider of compliance solutions for financial services, will integrate authID's biometric technology into its platform to support secure and compliant onboarding for its banking clients. The technology includes document validation, liveness detection, and deepfake protection. Matthew Goodbody, founder of First Mile Labs, explained, "Our clients leverage our no-code platform in order to onboard only trusted individuals and organizations." authID CEO Rhon Daguro added, "Fraudulent customers can cost you money. But fraudulent insiders are an existential threat."