authID Selected By National Notarial Centralized Verification System For Secure Biometric Identity Assurance
Portfolio Pulse from Benzinga Newsdesk
authID Inc. (NASDAQ:AUID) has been selected by the National Notarial Centralized Verification System (NNCVS) to deploy its biometric identity verification platform. This collaboration aims to enhance the security and efficiency of online notarization services by providing real-time identity assurance using advanced biometric and document-based verification methods. authID's technology will help combat fraud, deepfakes, and AI-generated attacks, ensuring a secure and seamless user experience for notaries and their clients nationwide.
April 18, 2024 | 12:09 pm
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authID Inc. (AUID) partners with NNCVS to provide biometric identity verification for online notarization, enhancing security and user experience.
The partnership with NNCVS positions authID at the forefront of the online notarization industry, potentially increasing its market share and user base. The use of authID's technology by NNCVS to combat fraud and ensure secure transactions could lead to increased demand for authID's services, positively impacting its stock price in the short term. The emphasis on security and efficiency in online notarization, a growing industry, underscores the significance of this partnership.
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