FB pixel

authID multi-party, multi-factor biometric authentication patent gets go-ahead

authID multi-party, multi-factor biometric authentication patent gets go-ahead
 

The U.S. Patent and Trademark Office USPTO has granted authID.ai a Notice of Allowance regarding a recent patent application for the multi-party, multi-factor biometric authentication method already commercialized by the company.

‘A Method and System for Transaction Authorization Based on a Parallel Autonomous Channel Multi-User and Multi-Factor Authentication‘ describes a way to enable an account holder to authorize a transaction, while at the same time a third-party identity verifier (such as authID) validates the identity of the account holder, (e.g. via a personal code or biometrics), thus confirming the account holder’s consent for the transaction, according to a company announcement. 

“This patent sets authID.ai apart from other identity authentication providers by ensuring strong protection from spoofing and social engineering attacks that have plagued others in our industry,” explains the company’s CEO Tom Thimot.

Because of its dual form of confirmation, the new method combines explicit consent for the transaction with identity verification, creating a permanent record of both consent and verification for all parties, secured with a unique digital signature.

“We are committed to providing the highest levels of security and authentication assurance to our customers and their users when they transact business,” Thimot adds.

The technology behind the multi-party, multi-factor authentication patent is behind critical parts of authID.ai’s Verified authentication process, an additional step in confirming the identity of the account holder initiating a transaction.

Multi-party computation is an area of growing interest for companies in the biometrics space.

“authID.ai’s patented method provides strong identity assurance that eliminates the potential for scams, and offers an indisputable audit trail to both the account holder and our enterprise customers,” Thimot concludes.

The news of the Notice of Allowance from USPTO comes weeks after authID.ai announced it will provide its selfie biometric authentication solution to users of Microsoft’s Office 365 and Azure cloud computing service. 

Related Posts

Article Topics

 |   |   |   |   |   |   |   |   |   | 

Latest Biometrics News

 

Biometric identity verification gets caught up in great expectations and politics

The next generation of biometric identity verification collides with the politics of digital identity in the most-read articles of the…

 

Todd Morris named NEC NSS President as Dr. Kathleen Kiernan retires

Todd Morris is the new President of NEC National Security Systems (NEC NSS). Morris succeeds Dr. Kathleen Kiernan, who is retiring…

 

ISO’s mDL standard can’t guarantee issuer trustworthiness

The fear that the server retrieval capability supported by the ISO/IEC 18013 standard for mobile driver’s licenses (mDLs) could be…

 

One app, two app, three app, four: DECTA study shows users have ‘wallet fatigue’

While some see the concept of a “15-minute city” as sinister, advocates say they just don’t want to go very…

 

Stop ghost students stealing college financial aid with biometric liveness

The Associated Press recently documented a vast and fast-growing fraud on the U.S. education system in which scammers use AI…

 

Russia launching digital ID ‘super-app’ inspired by Chinese WeChat

Russia is introducing a new digital identity “super-app” that will combine messaging, government and private services, e-signatures and digital IDs….

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events