Employment Identity Fraud
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authID and TurboCheck Selected by Global Workforce Solutions Provider to Address the Surge of Employment Identity Fraud
Globenewswire· 2026-01-08 05:30
Core Insights - authID has secured a partnership with one of the world's largest workforce solutions providers to enhance hiring security against employment identity fraud, particularly from AI-generated impostors [1][2][3] - The partnership with TurboCheck aims to provide real-time verification of workers, addressing the urgent threat of hiring fraud, which is projected to affect one in four job candidates by 2028 [3][4] Company Overview - authID specializes in biometric identity verification and authentication solutions, ensuring organizations can verify identities effectively and securely [1][10] - The company’s technology includes features like deepfake-resistant biometric verification, global document verification, and geolocation corroboration to confirm candidate presence [8][10] Industry Context - The rise of AI-generated identities poses significant risks to employers, with fraudulent applicants potentially leading to substantial financial losses and reputational damage [3][4] - Major employers are increasingly adopting identity-verified interviews and trusted onboarding workflows to combat the threats posed by AI-generated resumes and identities [4][6] Partnership Details - The collaboration with TurboCheck will utilize authID's Proof™ and Verified™ technologies to validate candidates before interviews and ensure ongoing trust throughout the employee lifecycle [5][6] - This partnership is positioned to enhance the security of the hiring process, particularly as remote and hybrid work models become more prevalent [9][10] Market Implications - The partnership reflects a growing demand for trusted workforce identity verification across various sectors, including staffing, recruiting, and gig-economy platforms [9] - The financial liability from hiring fraud is significant, with organizations losing an average of 5% of their annual revenue to occupational fraud, often stemming from dishonest hires [3][4]
authID and TurboCheck Selected by Global Workforce Solutions Provider to Address the Surge of Employment Identity Fraud
Globenewswire· 2026-01-08 05:30
Core Insights - authID has secured a partnership with one of the world's largest workforce solutions providers to enhance hiring security against employment identity fraud, particularly from AI-generated impostors [1][2][3] Company Overview - authID is a leading provider of biometric identity verification and authentication solutions, focusing on protecting organizations from identity fraud in hiring and workforce operations [1][10] - TurboCheck, the technology partner, is recognized as the 1 job applicant fraud detection platform globally, addressing the rising threat of fraudulent applicants [11] Industry Context - Hiring fraud is increasingly recognized as a significant threat, with projections indicating that by 2028, one in four job candidates globally will be fake due to AI-generated identities [3] - Major employers are adopting identity-verified interviews and trusted onboarding workflows to combat the risks posed by AI-generated identities and deepfake technologies [4] Technological Solutions - The partnership will utilize TurboCheck's fraud detection tools, powered by authID Proof™ and authID Verified™, to validate candidates before interviews and ensure ongoing trust throughout the employee lifecycle [5][6] - The combined solution offers deepfake-resistant biometric verification, global document verification, geolocation, and identity corroboration to confirm candidate presence [8] Market Demand - The demand for trusted workforce identity verification is escalating across various sectors, including staffing, recruiting, and gig-economy platforms, as remote and hybrid work models become more prevalent [9]