authID's PrivacyKey™ Named “Best Digital Trust Solution - ID Verification & Authentication” in 2025 PayTech Awards

Core Insights - authID's PrivacyKey™ has been awarded Best Digital Trust Solution for ID Verification & Authentication at the 2025 PayTech Awards, highlighting its innovation in the fintech industry [1] Product Features - PrivacyKey delivers sub-second, deterministic biometric authentication with a privacy-first approach, ensuring user identity verification while safeguarding sensitive data and meeting global compliance standards [2] - The product combines liveness detection, advanced biometric matching, and a patented architecture to enhance security throughout the digital transaction lifecycle, providing a seamless experience for both consumers and enterprises [2] - PrivacyKey features key-management capabilities that allow enterprises to easily rotate and revoke keys, ensuring that only authorized users have access, thus providing a high level of security [3] Market Position - PrivacyKey has been integrated into technology solutions for major companies such as NEC Networks and System Integration Corporation (NESIC), Prove, and MajorKey, and is available in marketplaces for Zendesk and Nvidia, indicating its strong market presence [4] - The product replaces traditional tokens and facial images used by other vendors, ensuring superior privacy protection and performance [4] Strategic Importance - PrivacyKey is a critical component of authID's IDX platform, which secures distributed workforces and powers the authID Mandate framework for Agentic AI security, ensuring that AI agents are linked to biometrically-verified sponsors [5] - The recognition from the PayTech Awards underscores authID's commitment to advancing digital trust and redefining security measures for enterprises and consumers [6] Company Overview - authID provides a patented biometric identity platform that ensures enterprises can accurately verify user identities, preventing cybercriminal activities [7] - The company boasts a False Positive Rate of 1-in-1-billion, offering a high level of assurance and security in digital identity verification [7]