Slide 1: Company Presentation August 2021
© 2021 authID.ai. All Rights Reserved. New York | Bogota | London | Johannesburg OTCQB: AUID Company Presentation August 2021
Slide 2: Disclaimer and forward-looking statements
• This Presentation and information provided at a meeting at which it is presented (the “Presentation") has been prepared on the basis of information furnished by the management of authID . ai or Ipsidy Inc . (“authID . ai” or the “Company”) and has not been independently verified by any third party
Slide 3: Our Team
Our Team Experienced leaders in industries ranging from identity, software, fintech, and cybersecurity T o m Th i mot Chief Executive Officer, Director • Joined authID June 2021 • Five - time CEO • Created differentiated product strategy and profitable revenue engine at multiple high - growth techno
Slide 4: Vision and Mission
Vision © 2021 authID.ai. All Rights Reserved. - 4 - © 2021 authID.ai. All Rights Reserved. Recognise your customer instantly without friction or loss of privacy, powered by the most sophisticated biometric and artificial intelligence technologies Mission Eliminate passwords , and become the preferre
Slide 5: The Password & Account Recovery Nightmare
The Password & Account Recovery Nightmare 1 Forrester Research, Gartner Passwords Plague Enterprises 1 • Compromised Passwords Cause 80% of Data Breaches • ~ $70 Password Reset Costs • 40% of IT Help Desk Calls Consumers Hate Passwords • Stolen Accounts - Consumer Nightmares • KBA Data - Often Forgo
Slide 6: How big is the problem?
© 2021 authID.ai. All Rights Reserved. - 6 - R e sets/ Y r P a s s wo r ds = 280 B 100 Passwords Per Person 4.7 B Access to Internet 60 Password Resets Per Yr © 2021 authID.ai. All Rights Reserved. How big is the problem * ? * Source: authID.ai data
Slide 7: Identity Proofing & Authentication Markets
Identity Proofing & Authentication Markets 30 . 4 35 . 7 20 2 3 20 2 4 20 2 5 Global, Digital - Identity Market $36B by 2025 17% CAGR 25.9 22.1 18.9 16.1 20 2 0 20 2 1 20 2 2 S o u r c e : M a r k e t s A n d M a r k e t s Additional Market Data • ~90% of mid - size organizations. 60% of large compa
Slide 8: Recognise Your Customer. Whenever. Wherever.
Recognise Your Customer. Whenever. Wherever. Know Users Are Who They Say They Are x Stop Identity Fraud x Increase “Good” Customer Conversions x Supports ID Docs from around the world Biometric Identity. Recognise Your Customer One - Time Revenue Onboard x Step - Up Assurance & Identity Recovery x
Slide 9: Biometric Identity Recovery: Our Disruptive Wedge
Biometric Identity Recovery Our Disruptive Wedge © 2021 authID.ai. All Rights Reserved. - 9 - © 2021 authID.ai. All Rights Reserved. Uses Who You Are. Not What You Have x Recover account access with trusted biometrics • Not One - Time Password (OTP) • Not Knowledge - Based Authentication (KBA) x Enh
Slide 10: Our Differentiators
Our Differentiators Comprehensive Vision. Global IDaaS Platform. x Cloud - Based IDaaS Platform x Automated Proofing, Open API To Peers x Bound to Trusted Identity, FIDO2 Authentication x Step - Up Biometric Multi - Factor Authentication x Global Identity Data Sources x Privacy and Ethical AI Compet
Slide 11: Competitive Fundraising and Valuations
Competitive Fundraising and Valuations Com pet i t iv e Q u adra nt T w i l i o • Leading provider of legacy one - time password technology that authID will replace • Twilio’s Verify authenticates the device owner via SMS , not by person’s biometric • ~$67B market cap (NYSE: TWLO) T r a ns mi t P a
Slide 12: Artificial Intelligence & Biometrics are Frictionless
Artificial Intelligence & Biometrics are Frictionless Guiding Principles • Advanced SOTA biometric accuracy, model of models • Adaptive, continuously extending and expanding our capabilities • Forward - focused on new authentication contexts and modalities Biometric Dominance x 99.995+% Accurate Fac
Slide 13: Elevate New Brand. Drive New Revenue
Elevate New Brand. Drive New Revenue Digital Demand Generation & Self - Service Fulfilment HealthCare Patient & Provider Telcos E - Commerce & Sharing Economy FinTech, Financial Institutions & Payment Processors • Implement key marketing automation tools for lead attribution, measurement and trackin
Slide 14: Our Partners Are a Force-Multiplier
Our Partners Are a Force - Multiplier HealthCare Patient & Provider T e l c os E - Commerce & Sharing Economy FinTech & Financial Institutions Payment Processors - 14 - © 2021 authID.ai. All Rights Reserved. Broad Reach To Key Market Segments IAMs & CIAMs
Slide 15: We Deliver Identity Assurance to Financial Institutions
We Deliver Identity Assurance to Financial Institutions Automated, “Trusted” New Customer Onboarding Eliminated Passwords | Lower Support Costs Reduced Risk, Phishing & Account Takeover | Delighted Customers! Challenges • Identity Assurance for New Digital Onboarding • Friendly Fraud • Phishing, Com
Slide 16: Simple Capital Structure. Clean Balance Sheet.
Simple Capital Structure. Clean Balance Sheet. - 16 - © 2021 authID.ai. All Rights Reserved.
Slide 17: No FRICTION, just FACE IT!!!
© © 2 2 0 0 2 2 1 1 a a u u t t h h I I D D . . a a i . i . A A l l l l R R i g i g h h t t s s R R e e se se r r v v e e d d . . The world with authID No FRICTION, just FACE IT!!! - 17 - View Video
Slide 18: The Winning Formula
© 2021 authID.ai. All Rights Reserved. The Winning Formula - 18 - • Optimal IDaaS products for a massive TAM • Recurring value we create for enterprises and their customers drives recurring, high - margin revenue Recurring Value • C lou d - b a s e d, microservice architecture • Fast, accurate and f