{"id":754919,"date":"2023-05-04T09:44:30","date_gmt":"2023-05-04T13:44:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/"},"modified":"2023-05-04T09:44:30","modified_gmt":"2023-05-04T13:44:30","slug":"authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/","title":{"rendered":"authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies<\/em>\n      <\/p>\n<p align=\"left\">\n        <strong>DENVER, May  04, 2023  (GLOBE NEWSWIRE) &#8212; <\/strong><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=g8g1V6T0_X4skPeQZDe7eWt7VElC-doI9o-IKQudq0jMqKWGCdmCLqD_aUQV7rly\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <u>authID<\/u><br \/>\n        <\/a> [Nasdaq: AUID], a leading provider of secure identity biometric authentication solutions,\u00a0today announced that for the second straight year the Company was selected as \u201cBest ID Management Platform\u201d in the annual FinTech Breakthrough Awards program conducted by <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YeHYrph5pBXj25jdiblr1VJh6QAjDD-vGgznNrRkPEaMm-xfrMdqgjNBNM7ROMzqRjJVE4KJCAAdZV1C0HV3qTToirW7EPWB7mfVHnJlhnvOFJ41yK2dRnzbbB7Sy1RH\" rel=\"nofollow noopener\" target=\"_blank\"><u>FinTech Breakthrough,<\/u><\/a> an independent market intelligence organization that recognizes the top companies, technologies and products in the global Fintech market today.<\/p>\n<p>Recognized again for its innovation in biometric identity authentication, the authID Verified\u2122 platform continues to secure market adoption across the Fintech ecosystem with new banks, credit unions and Fintech SaaS providers. Verified seamlessly secures the Fintech user journey by establishing a trusted digital identity during onboarding, and then binding the identity to provisioned FIDO2 passkeys for a phishing-resistant, frictionless solution. Eliminating account takeover and password compromise risks, Verified authenticates users with the ease of a simple biometric selfie captured within seconds, in-browser on any smartphone, tablet, or PC. With fast, passwordless authentication and anti-spoofing \u201cliveness\u201d confirmation, Verified protects the digital Fintech ecosystem against identity fraud.<\/p>\n<p>\u201cCyber thieves continue to find phishing, credential stuffing attacks and account takeovers in Fintech highly lucrative. In fact, a recent report found that 84% of financial institutions experienced account takeover, at costs of up to 8% of revenues,\u201d said James Johnson, Managing Director, FinTech Breakthrough. \u201cBy replacing the risks, costs, and hassles of passwords with unphishable authentication that converges a trusted digital identity with device authentication, Verified puts authID in a class of its own amongst identity providers. Congratulations to authID on a second consecutive \u2018Best ID Management Platform\u2019 award!\u201d<\/p>\n<p>Attracting more than 4,000 nominations, the FinTech Breakthrough Awards is the premier awards program founded to recognize Fintech innovators, leaders, and visionaries from around the world.<\/p>\n<p>\u201cWe are absolutely delighted to receive the <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=V8UH3TtbVIKl2fssF7xShHpr82K9p6p1KEeRnWr_FfaJq5Z46KQtLI_UPxKgaxLkljXWBBA31usO-w5_B9ZVGLC4AYh6FSXEJUQI9OokPj-vLkjLdEE9fz8sv01MfAwvBRSPXwSKr6hm0ZKDQ3DF3A==\" rel=\"nofollow noopener\" target=\"_blank\"><u>\u2018Best ID Management Platform\u2019<\/u><\/a> award a second time from FinTech Breakthrough. Cyberattacks, identity fraud, and account takeover drain Fintech resources and stagnate innovation,\u201d said Rhon Daguro, CEO of authID. \u201cVerified stems the risks of increasing fraud with faster, frictionless, and accurate user identity solutions so Fintech organizations can focus on designing for the future.\u201d\u00a0 <\/p>\n<p>In the last year, authID also secured several independent assessments of its technology, including the issuance of a U.S. patent protecting Verified\u2019s methodology that delivers a non-repudiable biometric audit trail, an asset critical to fighting fraud. The Verified platform also achieved certification for ISO 27001:2013 for Information Security Management System (ISMS), and a perfect score conformance with ISO 30107-3 Level 2 for presentation attack detection, offering strong protection from spoofing attacks that have plagued other identity providers. <\/p>\n<p>\n        <strong>About authID\u00ae Inc.<\/strong><br \/>\n        <br \/>At authID\u00a0(Nasdaq: AUID), We Are Digital Identity\u00ae. authID\u00a0provides secure identity\u00a0verification and\u00a0authentication through Verified\u2122, an easy-to-integrate\u00a0strong authentication platform. Verified\u00a0combines document-based identity verification with strong FIDO2 passwordless\u00a0device authentication and cloud biometrics to\u00a0deliver identity-first cybersecurity\u00a0for both workforce and consumer applications. Powered by sophisticated biometric and artificial intelligence technologies, authID\u00a0establishes trusted digital identities, binds an identity to provisioned devices, and eliminates the risks of\u00a0passwords to deliver the faster, frictionless, and accurate user identity solutions demanded by today\u2019s digital ecosystem. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3L2bQ9mGnnWkoXOig34XMVkP5jbLdQ0x9dBZGljtx0Ra6zuW7Ii55yH24_ncZXWBHz-b93IrLSX89QnUo2KF3g==\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.authid.ai<\/u><\/a>.<\/p>\n<p>\n        <strong>About FinTech Breakthrough<\/strong><br \/>\n        <br \/> Part of\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=i68X_lakpCfh48kU3-Czozsra1SlZI1UIyoaAHfhAfzMsuCmH32iT1jZQmxTsbIHKGFpeGIh0-xTX5uSrjKs5CKEI7h_m9BTsFMfYOqe3sc=\" rel=\"nofollow noopener\" target=\"_blank\"><u>Tech Breakthrough<\/u><\/a>,\u00a0a leading market intelligence and recognition platform for technology innovation and leadership around the globe, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=YeHYrph5pBXj25jdiblr1T4Uiw--TGYBX5SUHfD8yQ7lJtRN5klZHGeckf4r7KbaX0XTa--yyCpknLFCMu86TpE_N1XbTLR3ATx_ylhxAFo=\" rel=\"nofollow noopener\" target=\"_blank\"><u>FinTechBreakthrough.com<\/u><\/a>.<\/p>\n<p>\n        <strong>authID Media Contact<\/strong><br \/>\n        <br \/>Graham Arad<br \/>investorrelations@authid.ai<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMTMwOCM1NTczNDI3IzIyMDkxOTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/Njc1ZjliM2QtMWIzZi00YzdlLWEyZmMtM2NlZjc5MzVlZmNjLTEyMjA3NDg=\/tiny\/authID-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies DENVER, May 04, 2023 (GLOBE NEWSWIRE) &#8212; authID [Nasdaq: AUID], a leading provider of secure identity biometric authentication solutions,\u00a0today announced that for the second straight year the Company was selected as \u201cBest ID Management Platform\u201d in the annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global Fintech market today. Recognized again for its innovation in biometric identity authentication, the authID Verified\u2122 platform continues to secure market adoption across the Fintech ecosystem with new banks, credit unions and Fintech SaaS providers. Verified seamlessly secures the Fintech user journey by establishing a trusted digital identity &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-754919","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies DENVER, May 04, 2023 (GLOBE NEWSWIRE) &#8212; authID [Nasdaq: AUID], a leading provider of secure identity biometric authentication solutions,\u00a0today announced that for the second straight year the Company was selected as \u201cBest ID Management Platform\u201d in the annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global Fintech market today. Recognized again for its innovation in biometric identity authentication, the authID Verified\u2122 platform continues to secure market adoption across the Fintech ecosystem with new banks, credit unions and Fintech SaaS providers. Verified seamlessly secures the Fintech user journey by establishing a trusted digital identity &hellip; Continue reading &quot;authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-05-04T13:44:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMTMwOCM1NTczNDI3IzIyMDkxOTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program\",\"datePublished\":\"2023-05-04T13:44:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\\\/\"},\"wordCount\":630,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgzMTMwOCM1NTczNDI3IzIyMDkxOTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\\\/\",\"name\":\"authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/","og_locale":"en_US","og_type":"article","og_title":"authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program - Market Newsdesk","og_description":"Prestigious International Awards Program Recognizes Outstanding Financial Technology Products And Companies DENVER, May 04, 2023 (GLOBE NEWSWIRE) &#8212; authID [Nasdaq: AUID], a leading provider of secure identity biometric authentication solutions,\u00a0today announced that for the second straight year the Company was selected as \u201cBest ID Management Platform\u201d in the annual FinTech Breakthrough Awards program conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes the top companies, technologies and products in the global Fintech market today. Recognized again for its innovation in biometric identity authentication, the authID Verified\u2122 platform continues to secure market adoption across the Fintech ecosystem with new banks, credit unions and Fintech SaaS providers. Verified seamlessly secures the Fintech user journey by establishing a trusted digital identity &hellip; Continue reading \"authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/","og_site_name":"Market Newsdesk","article_published_time":"2023-05-04T13:44:30+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMTMwOCM1NTczNDI3IzIyMDkxOTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program","datePublished":"2023-05-04T13:44:30+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/"},"wordCount":630,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgzMTMwOCM1NTczNDI3IzIyMDkxOTU=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/authid-selected-for-2nd-straight-year-as-best-id-management-platform-in-7th-annual-fintech-breakthrough-awards-program\/","name":"authID Selected for 2nd Straight Year as \u201cBest ID Management Platform\u201d in 7th Annual FinTech Breakthrough Awards Program - 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