AuthenticID’s disruptive and cutting-edge, AI-driven solution quickly, accurately, and securely reproduces real-world identity verification so that companies can be assured of who they are conducting business with, strengthen underwriting, reduce the losses associated with fraud, and streamline onerous customer onboarding procedures, leading to higher conversion rates. This system uses cutting edge fused machine learning algorithms and AI leveraging neural networks and state-of-the-art computer vision to identify:
If a photo and face don’t match
If an ID is a fake
If a name OR a face has been associated with suspicious activity
AuthenticID’s 99%+ accuracy rate ranks it as a leader in quality of identity verification, while returning results in seconds so that customer onboarding can be streamlined and seamless, increasing conversion rates by double digit percentages with no increases in marketing spend. AuthenticID clients enjoy an average ROI of 1,000-to-1 and hundreds of millions of dollars in fraud loss savings per company.
The company’s groundbreaking technology has already been adopted by:
10 of the Fortune 100
3 of the top US banks
2 of the 3 credit reporting agencies
3 of the top 5 US telecom companies
Several international banks
And many other companies around the world
Location: United States, Washington, Kirkland
Employees: 51-200
Founded date: 2001
Investors 1
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Mentions in press and media 2
Date | Title | Description | Source |
07.04.2023 | AuthenticID Announces New Identity Document Liveness Detecto... | AuthenticID, a global leader in identity proofing and fraud prevention solutions, announced the laun... | aithority.... |
31.08.2022 | The Identity Theft Resource Center Announces the Appointment... | The ITRC welcomes Blair Cohen, Paul Bond & Kimberly Sutherland. Each leader brings their own ski... | prweb.com/... |