AuthenticID, a global leader in identity proofing and fraud prevention solutions, has been named a winner of the 2023 Fortress Cyber Security Awards in the Authentication & Identity category. The Fortress Cyber Security Awards are given annually by the Business Intelligence Group to identify and reward the world’s leading companies and products that keep data and electronic assets safe from growing threats from fraud, data breaches, and hacks.
“We are honored to be among the winners of the 2023 Fortress Cyber Security Awards,” said Reed Taussig, AuthenticID CEO. “Staying a step ahead of fraud and security threats requires expertise, dedication, and the hard work of a talented team. I’m proud that our AuthenticID team is being recognized for their work to ensure our customers can use our platform to combat fraud worldwide while helping them protect their enterprise and valuable data assets.”
AuthenticID is committed to upholding strong information security policies and data privacy practices throughout all aspects of its business operations and has completed data security and risk management certifications to attest to this commitment.
AuthenticID offers a solution that runs 100% on machine learning and computer vision technology. When it comes to guarding against algorithmic bias, this technology sets the global standard, with leading NIST-rated algorithms for non-bias race and gender decisioning.
This holistic Identity proofing solution suite combines three elements to prevent fraud.
(1) AuthenticID’s ID verification product utilizes AI and Machine learning technology to review over 2,000 computer vision models to analyze the authenticity of a government-issued ID and detect tampering.
(2) Our Biometric Authentication product confirms a person’s identity using facial recognition software and can detect liveness (are they present or taking a picture of a screen) and match a selfie image to an existing ID document to determine if a person is who they claim to be.
(3) Our Fraud Shield solution serves as a biometric watch list that allows users to enroll suspected fraudsters into a database to fight fraud in real-time.
Learn more about how AuthenticID’s solutions help companies mitigate their fraud risk and offer seamless identity authentication for users by visiting www.authenticid.com.
About AuthenticID
AuthenticID is a pioneer in the Identity Proofing and Fraud Detection space. AuthenticID’s fully-automated solution protects identities and mitigates fraud without sacrificing user experience. Founded in 2001, AuthenticID has deep domain expertise in verifying government-issued identification documents with the market’s most powerful, next-generation, automated AI platform for fraud detection and identity verification. AuthenticID’s patented platform is used by the world’s leading financial services firms, wireless carriers, and identity verification platforms.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230601005654/en/