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authID to Report Third Quarter 2025 Financial Results on November 12, 2025
Globenewswire· 2025-10-29 21:40
DENVER, Oct. 29, 2025 (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 third quarter ended September 30, 2025, on Wednesday, November 12, 2025, 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. ET to discu ...
authID Selected by Leading Global Retailer to Launch Biometric-Powered Digital Identity Verification and Password Reset System
Globenewswire· 2025-10-21 12:00
Core Insights - authID has been selected by one of the largest retailers in Europe to implement its PrivacyKey biometric technology for identity verification and password reset systems, enhancing security and user experience [1][3] Company Strategy - The recent deployment aligns with authID's strategy to secure contracts with large enterprise customers, as discussed by CEO Rhon Daguro during the August 14, 2025 earnings call [2] - The integration of authID's technology with the retailer's existing IT infrastructure has led to strong adoption among users, demonstrating the effectiveness of the company's market positioning [3] Product Performance - Early operational results from the retailer indicate a significant reduction in failed password reset attempts, improved onboarding and verification rates, and decreased reliance on manual helpdesk interventions, which enhances user outcomes and reduces support costs [4] Partnerships and Future Innovations - authID is expanding its partnership with a large biometric hardware provider through an OEM arrangement for its Proof and PrivacyKey products, indicating ongoing growth and collaboration in the biometric identity verification space [5] - The company aims to integrate its IDX solution for securing AI efforts, enhancing the security and efficiency of its customer base in the long term [6] Company Overview - authID provides a patented biometric identity platform that ensures secure verification of users, preventing cybercriminal activities and ensuring regulatory compliance by not storing biometric data [7]