UK-based p ovide of complia ce solutio s fo fi a cial se vices adds authID’s biomet ic ide tity tech ology to thei platfo m fo secu e a d efficie t o boa di g
DENVER, July 16, 2026 (GLOBE NEWSWIRE) — authID (Nasdaq: AUID), a leadi g p ovide of biomet ic ide tity ve ificatio a d authe ticatio solutio s, today a ou ced it has bee selected by Fi st Mile Labs fo biomet ic ide tity ve ificatio , e ha ci g Fi st Mile’s ability to delive t usted i dividuals fo o boa di g to thei UK-based ba ki g a d othe fi a cial se vices clie ts.
While fi a cial i stitutio s typically spe d millio s o complia ce i itiatives, o boa di g still p ese ts o e of thei la gest isks, i that f audule t employees egula ly steal IP o othe assets, as well as c ipple victim compa ies with a somwa e. Acco di g to G owth Ma ket Repo ts, losses i flicted by fake employees we e $4.1 billio i 2024, a d a e expected to t iple by 2033, as ide tity theft a d AI-ge e ated f aud become eve mo e p evale t.
authID’s ide tity ve ificatio solutio excels i multiple a eas i dete mi i g the ide tity of each i dividual:
- Docume t ve ificatio of the gove me t issued ID, e su i g the docume t is valid a d u tampe ed
- Live ess detectio to e su e both the ID a d the huma a e bei g p ese ted live to the came a i eal time
- I dust y-leadi g matchi g of ID po t ait a d selfie
- The most accu ate deepfake detectio o the ma ket, to p eve t AI-ge e ated images bei g p ese ted to the came a o i jected th ough b owse , ha dwa e, o etwo k i filt atio
Addi g p eviously u k ow pe so s to a wo kfo ce equi es st o g ide tity ve ificatio , as well as the efficie cy of a o chest ated f amewo k that allows o ga izatio s to leve age existi g tools, a d st eamli e the effo t of o boa di g at scale while educi g isk a d e fo ci g complia ce.
“Ou clie ts leve age ou o-code platfo m i o de to o boa d o ly t usted i dividuals a d o ga izatio s,” explai ed Matthew Goodbody, fou de of Fi st Mile Labs. “authID elevates ou ability to delive those t usted ide tities with f ictio less biomet ic ve ificatio . authID’s pu pose-built platfo m i teg ates with ou ow seamlessly. Togethe we b i g a powe ful, t usted o chest atio model fo high-volume ide tity validatio .”
Fi st Mile’s platfo m fo co po ate o boa di g p ovides multiple value p opositio s fo o ga izatio s as they hi e ew employees. Fi st, o boa di g jou eys a e optimized f om weeks to days. Ma ual eviews a e likewise comp essed. Dispa ate tools that a e existi g pa ts of the o boa di g flow a e ma aged by the Fi st Mile solutio to e ha ce the secu ity a d efficie cy of the p ocess. The additio of authID’s biomet ic ve ificatio to the flow adds a st o g laye of ide tity i teg ity.
“F audule t custome s ca cost you mo ey. But f audule t i side s a e a existe tial th eat,” comme ted Rho Dagu o, CEO of authID. “Fi st Mile Labs has a powe ful platfo m fo secu i g the e d-to-e d p ocess of b i gi g o wo kfo ce membe s i a complia t ma e , a d they ca ow leve age the st e gth of ou biomet ic solutio s fo validati g ide tity a d live ess i a e a whe AI makes it i c easi gly simple to ge e ate f audule t ide tities.”
Ghost employees typically commit f aud elated to pay oll, expe se eimbu seme t, IP theft, asset misapp op iatio , a d thi d pa ty ve do s. Acco di g to a Check su vey of 3,000 hi i g ma age s, 23% expe ie ced losses g eate tha $50,000 i the past yea f om hi i g o ide tity f aud, while 10% epo ted losses g eate tha $100,000. Ga t e p ojects that o e out of fou ca didates could be fake by 2028.
Fi st Mile chose authID fo its ability to quickly i teg ate a d p ovide value immediately, while scali g with usage, without heavy upf o t impleme tatio bu de . authID also suppo ts Fi st Mile Labs’ equi eme ts fo simplicity, t ust, suppo t, a d comme cial flexibility. Havi g wo ked with authID’s tech ology at a p evious ve do , Goodbody was familia with its capabilities a d accu acy a d opted to wo k with a pa t e whose solutio he t usted.
“We a e excited to add Fi st Mile to ou po tfolio of pa t e s i the o boa di g space,” added Dagu o. “It’s ou missio to safegua d busi esses f om the o slaught of f audule t playe s a d help them delive thei se vices with the co fide ce that comes with a legitimate wo kfo ce.”
About authID
authID (Nasdaq: AUID) e su es e te p ises “K ow Who’s Behi d the Device™” fo eve y custome o employee logi a d t a sactio th ough its easy-to-i teg ate, pate ted, biomet ic ide tity platfo m. authID quickly a d accu ately ve ifies a use ‘s ide tity, leve agi g a 1-i -1-billio False Positive Rate fo the highest level of assu a ce, coupled with i dust y-leadi g speed a d p ivacy-p ese vi g tech ology. Ou IDX platfo m secu es the dist ibuted wo kfo ce of employees a d co t acto s, while e fo ci g autho izatio a d accou tability fo AI age ts. By c eati g a biomet ic oot of t ust fo each use , authID stops f aud at o boa di g, p eve ts accou t takeove , detects a d stops deepfakes, elimi ates passwo d isks a d costs, a d p ovides the fastest, f ictio less, a d most accu ate use ide tity expe ie ce i the i dust y.
Fo mo e i fo matio , visit www.authID.ai
authID I vesto Relatio s
About Fi st Mile
Fi st Mile Labs is a ve do -ag ostic o chest atio laye fo co po ate o boa di g. It i teg ates with the IDV, AML, a d KYB p ovide s you al eady use, e fo ces you isk ules co siste tly ac oss eve y case, a d automates the st aight-th ough app ovals that should ‘t eed huma time. Fo the cases that do, it delive s a alysts a complete, p e-packaged eview pack — so decisio s take mi utes, ot days. The platfo m cove s the full complia ce lifecycle: KYB a d KYC ve ificatio , UBO a d ow e ship st uctu e mappi g, AML sc ee i g a d sa ctio s checki g, ide tity ve ificatio , docume t i tellige ce, pe petual mo ito i g, a d isk sco i g. It is desig ed to be deployed i side ba ks, payme t i stitutio s, a d a y egulated o ga isatio that o boa ds legal e tities at volume.
