AuthenticID Reports Near Zero Bias in ID Verification Decisioning

SEATTLE--(BUSINESS WIRE)--AuthenticID , a global leader in identity proofing and fraud prevention solutions, announced today its reporting of their ID verification process that demonstrates statistically near zero percent bias for any gender, race, skin color, or age.

Specifically, the results showed a 0.09% variance in false rejection rates, providing AuthenticID clients fairness and equity in their identity verification decisioning.

“The ability to measure algorithmic bias, and ensure that one segment of the population is not being disadvantaged over another, is mandatory for any identity verification process in today’s world,” says AuthenticID CEO, Jeff S. Jani.

The company plans to continue to produce statistical reports each month to monitor algorithmic drift.

“The use of automated Machine Learning and Computer Vision models over the inconsistency and inaccuracy of any human based system is also a mandate for the assurance of societal equity,” says company CTO, Richard A Huber, Jr. “This includes the ability to have a robust and ethical AI and MLOps governance model to maintain the integrity of all algorithms on an ongoing basis,” continues Huber.

This milestone reinforces AuthenticID’s mission for the use of advanced identity technologies in ethical ways that benefit humanity.

About AuthenticID

AuthenticID is a pioneer in the Identity Proofing and Fraud Detection space. AuthenticID's fully- automated solution protects identities and mitigates fraud without sacrificing user experience. Founded in 2001, AuthenticID has deep domain expertise in verifying government-issued identification documents with the market's most powerful, next-generation, automated AI platform for fraud detection and identity verification. AuthenticID's patented platform is used by the world's leading financial services firms, wireless carriers, and identity verification platforms. The company is headquartered in Seattle, Washington. For more information please visit www.authenticid.com.