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authID and Syntrove Announce OEM Partnership for authID’s Secure Biometric Identity Services
Expands reach of authID’s next-gen biometric identity platform with integration to Syntrove’s risk and fraud technology platform Denver, June 18, 2024 (GLOBE
About this update from Authid Inc.
[{"type":"text","content":"Expands reach of authID’s next-gen biometric identity platform with integration to Syntrove’s risk and fraud technology platform Denver, June 18, 2024 (GLOBE NEWSWIRE) -- authID Inc. [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions, and Syntrove, a leading consulting and professional services firm specializing in providing risk, data, delivery and technology expertise, today announced they have signed an OEM agreement that will integrate authID’s biometric capabilities in fighting malicious, generative AI-driven fraud, deepfakes, and cyberattacks into the Syntrove offering. Syntrove, whose vision is to be at the forefront of technological and process evolution, will now distribute authID’s next-gen authentication solutions to its portfolio of leading banking, insurance, gaming, crypto and supply-chain enterprise customers to stop fraud with the strongest identity assurance available in the market. “Our partnership with Syntrove is a force multiplier that helps accelerate the delivery of our next-gen biometric authentication solutions into a broad set of verticals. We are excited to work with Syntrove to onboard our first joint customer from the gaming industry to secure workforce identity,” said Rhon Daguro, CEO of authID. “Combining Syntrove’s stellar risk-management expertise and technology platform with authID’s trusted identity assurance, precision, and seamless user experience delivers a leading market differentiator to help stop fraud, detect deepfakes, and combat generative adversarial AI fraud.” Digital enterprises today confront ever-increasing risk from fraudsters who leverage AI to generate fake ID’s and deepfakes that compromise digital account openings, foil current risk reviews, and accelerate account takeovers and asset seizures. Needing a trusted technology partner to defeat these challenges, Syntrove recognized the value of authID’s next-gen biometric identity life-cycle platform, ease of integration, and lightning-fast experience. “We partnered with authID for its market-leading speed, accuracy and precision in delivering trusted identity solutions that defeat today’s adversarial AI-driven cyberattacks in record time,” said Matt Goodman, CEO and Founder of Syntrove. “Together, Syntrove and authID will deliver the strongest identity assurance available...