authID to Secure Onboarding for 100+ Banks with $10B–$150B Assets
authID will integrate its Proof™ and PrivacyKey™ biometric authentication across a platform serving 100+ U.S. banks with $10B–$150B assets, enabling AI deepfake resistance and frictionless onboarding. The global fraud detection market is set to expand from $21B in 2025 to $39B by 2030, underscoring platform demand.
1. Strategic Partnership with Banking Platform
authID has formed a strategic agreement to deploy its biometric identity solutions via a leading U.S. banking infrastructure platform that services over 100 banks. Client institutions hold assets ranging from $10 billion to $150 billion, spanning commercial, in-branch, digital and call-center channels.
2. Integrated Biometric Verification Solutions
The partnership will integrate authID Proof™ for ID and liveness verification alongside PrivacyKey™ cryptographic tokens, enabling AI deepfake detection and eliminating password, OTP and device-based risks. Biometric data is never stored, supporting privacy compliance and seamless reauthentication across customer journeys.
3. Expanding Market Opportunity
The global banking fraud detection and prevention market is valued at $21 billion in 2025 and forecast to reach $39 billion by 2030. Rising real-time payment fraud, AI deepfake threats and regulatory requirements are driving demand for unified, AI-powered identity platforms.
4. Scalability and Compliance Credentials
authID’s SDKs and APIs support consistent user experiences across digital, call-center and in-branch environments, with SOC 2 and ISO 27001 certifications. The partner controls branding and flow, demonstrating the platform’s scalability for regional and community banks, which represent over 90% of U.S. banking institutions.