Collaboration embeds biometric identity verification (IDV) and authentication into the partner’s platform to strengthen workforce onboarding and continuous identity assurance DENVER, March 25, 2026 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced a strategic OEM partnership with a disruptive tech innovator of reusable digital identity and continuous background screening solutions for hiring, as well as compliance a ...

DENVER, March 23, 2026 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID) (“authID” or the “Company”), a leading provider of biometric identity verification and authentication solutions, today announced the Company will report financial results for the fourth quarter and full year ended December 31, 2025, on Tuesday, March 31, 2026, after the market close. Following issuance of the earnings release, authID Chief Executive Officer Rhon Daguro and Chief Financial Officer Ed Sellitto will host a webcast at 5:00 p.m. ...

New integration embeds biometric auditability and AI governance into Section 2’s patent-pending Hybrid Threat Finance methodology Denver, CO, March 11, 2026 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and AI governance solutions, today announced a strategic partnership with Section 2, Inc., a pioneer in financial threat intelligence. The collaboration integrates authID’s biometric identity platform and Mandate governance framework for Agentic AI into Sect ...

Core Insights - The partnership between authID and a financial infrastructure provider aims to enhance security for over 100 U.S. banks by integrating advanced identity validation and AI deepfake authentication solutions [1][2][10] Industry Overview - The U.S. banking sector comprises over 4,300 banks, with a global total exceeding 8,600 banks, highlighting a significant market for security solutions [2] - The global fraud detection and prevention market in banking is projected to grow from $21 billion in 2025 to $39 billion by 2030, driven by increasing AI-generated threats and regulatory demands [2] Company Solutions - authID's biometric verification technology ensures that only legitimate users are onboarded, utilizing PrivacyKey™ to protect user privacy and comply with regulations by not storing biometric data [3][10] - The integration of authID Proof™ and PrivacyKey technologies into the partner's platform allows for seamless biometric onboarding and authentication for banking clients with assets ranging from $10 billion to $150 billion [5][10] Competitive Advantage - The partnership targets community and regional banks, which represent 92-95% of U.S. banks, providing them with a competitive edge in a sector often underserved by advanced security solutions [6][10] - authID's solutions address vulnerabilities associated with traditional authentication methods, such as passwords and voice recognition, by offering a more secure biometric alternative [4][10] Technological Features - authID's platform includes document verification and biometric re-authentication, ensuring a secure and user-friendly experience across various banking channels [8][10] - The technology employs cryptographic identity architecture and liveness detection to prevent replay and spoofing attacks while maintaining user privacy [8][10] Market Positioning - The partnership signifies a strategic move for authID to expand its footprint in the financial services sector, demonstrating the scalability of its platform amid growing market demand for secure identity verification [7][10] - As regional banks gain strength through increased liquidity and favorable interest rates, authID's solutions help protect their systems against emerging threats like AI deepfakes [10]

Core Insights - authID has been selected by a U.S. point-of-sale lending and payment financing platform to enhance its identity verification processes, addressing the rising threat of identity fraud in consumer retail financing [1][2] Industry Context - The selection of authID highlights the increasing demand for biometric identity assurance in the consumer finance sector as fintech platforms face challenges from organized fraud and account takeover attacks that traditional verification methods cannot effectively mitigate [2][4] - In 2024, total U.S. payments fraud losses reached $12.5 billion, with Buy Now Pay Later (BNPL) transactions accounting for 15% of all purchases, indicating a significant risk in this area [5] Company Solutions - To combat fraud, the lender will implement authID Proof™ for identity verification using government-issued IDs during onboarding and authID Verified™ for biometric authentication during account access and high-risk transactions [6] - The platform aims to detect and prevent duplicate and fraudulent applications at onboarding, secure accounts against takeover, and maintain a seamless experience for legitimate users [10] Competitive Advantage - authID's biometric identity verification offers a competitive edge in the commoditized point-of-sale lending market by replacing traditional risk scores and vulnerable authentication methods with deterministic biometric proof, enhancing fraud defenses and customer satisfaction [9] - The company's patented PrivacyKey™ architecture ensures compliance with privacy laws while providing an audit trail based on verified biometrics, further solidifying its market position [8][12] Market Potential - The deployment of authID's solutions is expected to address the high-growth, multi-billion dollar fintech market by verifying the identity of users with industry-leading biometric accuracy in under a second [8][11]

Core Viewpoint - authID has been selected to support the deployment of retail kiosks for age-restricted products in government-secured facilities, integrating its biometric identity authentication technology with the Berify.me platform to ensure compliance and secure user engagement [1][5]. Group 1: Company Overview - authID provides biometric identity authentication solutions, ensuring compliance with age-restricted product regulations while preventing unauthorized access [1][2]. - The company leverages a patented biometric identity platform that boasts a 1-in-1-billion False Positive Rate, enhancing user identity verification accuracy and speed [10]. Group 2: Technology and Implementation - The integration of authID's technology with the Berify.me platform automates identity and document verification, reducing human error and liability risks associated with age verification [3][4]. - The initial deployment phase includes kiosks in secured environments, with plans for expansion into over 5,000 locations in the health and wellness sectors, facilitating compliant distribution of regulated products [6][8]. Group 3: Market Context and Compliance - The regulated product market presents significant compliance challenges, making automated and auditable solutions essential for manufacturers and distributors to avoid penalties [2][7]. - The implementation of biometric identity verification in retail is expected to improve transaction efficiency and accuracy, with potential applications across various regulated industries [8].

Core Viewpoint - authID has launched a biometric security solution aligned with the Personal Identity Verification (PIV) framework, aimed at enhancing the security of critical utility infrastructures such as electrical, water, and gas systems [1][10]. Industry Context - Energy companies and utilities are increasingly targeted by state-sponsored and cybercriminal attacks, making the security of these infrastructures a matter of national security [2]. - There has been a significant rise in cyberattacks on US utilities, with 1,162 documented incidents from January to August 2024, representing a 70% increase compared to the previous year [3]. - The FBI reported a serious breach in 2025 where Chinese hackers gained control over a water utility's chemical inputs, highlighting the vulnerabilities in utility systems [4]. - Experts express concerns that many existing security measures are outdated and insufficient against sophisticated cyber threats, including those powered by AI [5]. Technological Advancements - The adoption of AI in utilities is expected to grow, with Gartner predicting that by 2027, 40% of utilities will implement AI-driven operators, a number projected to more than double by 2028 [6]. - The PIV framework provides a high level of identity security, requiring definitive identity verification before granting access, which is crucial for safeguarding critical infrastructure [8][9]. authID's Solutions - authID's biometric platform offers a significant upgrade to existing security measures by providing military-grade authentication for energy infrastructure, eliminating the need for passwords and physical tokens [10]. - The platform includes three additional solutions: IDX for identity management, PrivacyKey for user privacy and compliance, and authID Mandate for controlling AI agent access [12]. - The company claims its biometric identity verification solution can effectively prevent unauthorized access and protect against various cyber threats, including deepfakes and impersonation [11]. Market Position - authID aims to lead in securing the energy sector, which is currently experiencing aggressive investment, with the top US energy suppliers being natural gas (40%), nuclear (18%), coal (17%), and renewables (24%) [13].

Core Insights - authID has achieved significant operational success with a major retail customer, leading to an expanded rollout of its biometric identity platform, which has demonstrated exceptional performance metrics [1][3][11] Company Performance - The customer reported a 472% increase in user enrollment attaching biometrics to their accounts from Q3 to Q4 of 2025, achieving a 97% acceptance rate and over 97.9% of users completing biometric verification on the first attempt [4][11] - authID's solutions have resulted in a 112% growth in accounts from net new users, indicating strong demand and effective onboarding processes [3][11] Industry Context - The retail industry faces increasing threats from cyber attacks, including deepfakes and ransomware, with the average cost of a data breach in 2025 reaching $3.54 million [2] - Account takeover fraud is a growing concern, with consumer fraud costs reaching $15.6 billion in 2024, highlighting the need for robust identity verification solutions [10] Technological Advancements - authID's biometric identity platform is noted for its sub-second ability to detect spoofing attempts, ensuring that only live individuals are verified, which enhances security and user experience [8][9] - The PrivacyKey™ solution allows for the protection of user privacy by storing only cryptographic keys instead of sensitive data, aligning with regulatory compliance [8][12] Client Engagement - The collaboration between authID's Client Services team and the customer's IT organization has focused on measuring success factors and enhancing the deployment of biometric solutions [6][11] - The customer has observed measurable improvements in operational efficiency and user experience, validating the effectiveness of authID's platform [11]

Core Insights - authID has secured a partnership with a global personal care retailer generating over $6 billion in annual sales to enhance workforce verification and combat AI-driven hiring fraud [1][6] - The increasing prevalence of AI-generated profiles and deepfakes poses significant risks to organizations, leading to a rise in insider threats and hiring fraud [2][3] - The combined solution from authID and MajorKey aims to provide high-assurance identity verification for employees and contractors, ensuring compliance with privacy regulations [6][8] Industry Context - U.S. businesses reportedly lose up to $600 billion annually due to resume fraud, with individual fraudulent hires costing tens of thousands [3] - The global digital authentication market is estimated to be around $20 billion and is expected to more than double by 2032, indicating a growing demand for secure identity verification solutions [9] Solution Overview - The authID and MajorKey solution integrates biometric identity verification and authentication to prevent impersonation attacks and fraudulent access attempts in real time [8][9] - The solution is designed for enterprise environments, ensuring seamless integration with existing platforms like CyberArk and Microsoft Entra [8][9] - It emphasizes user privacy by generating cryptographic keys from captured images without storing biometric data, thus complying with global data storage regulations [7][9] Implementation Details - The retailer will utilize MajorKey's IDProof+, powered by authID Proof™, for onboarding offshore and third-party contractors requiring elevated access rights [9][12] - The solution aims to enhance remote candidate verification, ensuring that individuals interviewing and onboarding remotely are the same authorized for hire [12]

Company Highlights - Ambitions Enterprise Management Co. L.L.C (NASDAQ:AHMA) saw its stock price rise to $28.03, marking an 80.88% increase, driven by strong performance in the MICE and tourism sectors [1][7] - authID Inc. (NASDAQ:AUID) experienced a stock price increase to $1.77, a 78.34% rise, reflecting the growing demand for secure, biometric identity verification solutions [2][7] - CALLAN JMB INC. (NASDAQ:CJMB) saw its stock price surge to $3.91, a 249.12% increase, as it shifts towards cold-chain infrastructure to support the $100 billion GLP-1 pharmaceutical market [3][7] - Moolec Science S.A. (NASDAQ:MLEC) experienced a 101.42% increase in its stock price to $7.11, indicating market interest in alternative protein sources and sustainable food technologies [4] - Springview Holdings Ltd (NASDAQ:SPHL) saw its stock price jump to $15.9, a staggering 606.67% increase, highlighting robust demand in the construction sector [5] Industry Trends - The movements in stock prices reflect diverse sectors experiencing growth, including technology, biotechnology, logistics, and construction, indicating broader economic trends and investor interests [6] - Strategic initiatives and partnerships by these companies demonstrate a proactive approach to capitalizing on market opportunities and addressing industry demands [6]