AuthenticID, with the slogan "Identity made simple," offers a disruptive AI-driven solution for quick, precise, and secure identity verification. Utilizing state-of-the-art AI, including neural networks and computer vision, the system can detect discrepancies in photos, identify fake IDs, and flag suspicious activities associated with names or faces. AuthenticID boasts an impressive 99%+ accuracy rate and delivers results within seconds, streamlining customer onboarding processes and increasing conversion rates without additional marketing expenses. Notably, the company has attracted investment, with a recent $100.00M Private Equity Round on 22 July 2021, with Long Ridge Equity Partners as the investors. The company's innovative technology has found traction across various sectors, with adoption 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, and several international banks, among others. AuthenticID's solution aims to enable businesses to conduct secure transactions, strengthen underwriting, mitigate fraud losses, and simplify customer onboarding. With a track record of delivering substantial return on investment, averaging 1,000-to-1, and contributing to significant fraud loss savings for its clients, AuthenticID stands out as a leader in quality identity verification.
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