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The biometric verification and authentication leader was honored for setting a new standard in identity management with its advanced biometric solutions
DENVER, Colorado, March 19, 2025 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced that it has once again been selected as the winner of the “Best ID Management Platform” award in the 2025 FinTech Breakthrough Awards.
Presented by FinTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global FinTech market, the 9th annual FinTech Breakthrough Awards recognize the most innovative companies in the financial technology industry, highlighting those that have demonstrated exceptional performance and growth. authID was recognized for its groundbreaking biometric identity verification technology, which has set a new standard for precision, speed, and data privacy in the fintech industry, as well as the verification landscape at large.
This marks the third time in the past four years that authID has been recognized as the “Best ID Management Platform” by FinTech Breakthrough. The company previously received this recognition in 2022 and 2023.
"We are honored to once again be recognized as the ‘Best ID Management Platform’ by FinTech Breakthrough," said Rhon Daguro, CEO of authID. "At authID, we are committed to helping businesses navigate the ever-evolving challenges of digital identity security. Our platform offers biometric authentication and identity verification solutions that are not only sub-second fast and accurate but also designed with privacy and compliance in mind. This recognition is a testament to the dedication of our team in making the digital ecosystem safer, more secure, and more user-friendly for both businesses and consumers."
As consumer awareness of data privacy grows, authID addresses the need for secure digital identity management without compromising on compliance or ease of use. By leveraging public/private key encryption and key-rotation capabilities, as well as advanced deepfake detection, authID’s solutions enable companies to control who can access sensitive data and combat sophisticated fraud. Moreover, authID’s groundbreaking PrivacyKey™ solution stores zero biometric data while retaining one-in-one-billion false-match accuracy and 25ms authentication speed, and helping prevent identity fraud, account takeovers, and data breaches, ensuring clients stay ahead of emerging threats and regulatory changes.