1. authID's PrivacyKey™ wins Best Digital Trust Solution at 2025 PayTech Awards. 2. PrivacyKey provides fast, secure biometric authentication for digital payments. 3. The solution enhances security while ensuring data privacy and compliance. 4. authID's user verification protects financial institutions against fraud. 5. PrivacyKey integrates with multiple industry platforms enhancing its market presence.
FAQ
Why Bullish?
Awards recognition often leads to increased investor confidence and visibility. For example, similar awards won by tech companies like Zoom in 2020 resulted in significant stock price increases due to market trust and heightened demand.
How important is it?
The PayTech award amplifies authID's reputation, likely boosting sales and partnerships, influencing shares. Recognition in a competitive space enhances credibility.
Why Short Term?
Immediate recognition could drive short-term investments. Historically, products gaining accolades see quick market responses, as seen with recent fintech innovations.
authID's PrivacyKey™ Wins Best Digital Trust Solution at 2025 PayTech Awards
Published on December 10, 2025
Overview of the Award
DENVER, Dec. 10, 2025 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a prominent provider of biometric identity verification and authentication solutions, has announced that its flagship product, PrivacyKey™, has been honored as the Best Digital Trust Solution – ID Verification & Authentication at the 2025 PayTech Awards. These awards celebrate innovation and excellence in the global payments and fintech landscape.
Key Features of PrivacyKey™
PrivacyKey™ delivers rapid, secure, and privacy-first biometric authentication. This solution ensures that users are accurately verified while protecting sensitive information and meeting international compliance standards. Key attributes include:
- Sub-second authentication: Provides quick, deterministic biometric verification.
- Liveness detection: Protects against spoofing attempts.
- Privacy-preserving architecture: No biometric data, such as facial images, are stored.
From account onboarding to payment approvals and ongoing verification, PrivacyKey™ facilitates a seamless, fraud-proof experience for both consumers and enterprises.
Quotes from Leadership
“We are honored that PrivacyKey™ has been recognized by the PayTech Awards as a leading digital trust solution,” stated Rhon Dauguro, CEO of authID. “Our mission is to eliminate the trade-off between security and convenience, making biometric identity authentication seamless for users while highly effective for enterprises. This recognition validates our impact in helping financial institutions combat fraud and strengthen consumer trust.”
Technological Excellence and Compliance
PrivacyKey™ boasts advanced key-management capabilities that enhance user protection and privacy. Enterprises utilizing this system can efficiently manage keys, ensuring that they are only accessible by authorized personnel. This level of security distinguishes authID from its competitors.
Moreover, PrivacyKey™ has been adopted by significant industry players, including:
- NEC Networks and System Integration Corporation (NESIC)
- Prove
- MajorKey
- Available in marketplaces for Zendesk and Nvidia
By replacing vulnerable tokens and device-bound artifacts, PrivacyKey™ ensures unparalleled privacy protection, performance, and accuracy.
Future Outlook
In addition to its human verification capabilities, PrivacyKey™ plays a crucial role in authID’s IDX platform, which secures distributed workforces. The solution also underpins the authID Mandate framework for Agentic AI security, ensuring that AI agents are launched only after verifying their biometrically-authenticated sponsors.
“Winning the Paytech Award underscores our commitment to advancing digital trust,” said Erick Soto, authID's Chief Product Officer. “We will continue to redefine how enterprises and consumers protect themselves in an increasingly complex threat landscape.”
About authID
authID® (Nasdaq: AUID) is dedicated to ensuring that enterprises can “Know Who's Behind the Device™” for every customer or employee login and transaction through its patented biometric identity platform. With a 1-in-1-billion false positive rate, authID guarantees a high level of assurance, speed, and privacy for digital identities.
The IDX platform enhances security for distributed workforces and offers accountability for AI agents, establishing a biometric root of trust for users. To learn more, visit www.authID.ai.