authID partners with TurboCheck to enhance identity verification, combating employment fraud driven by deepfakes and AI.
Quiver AI Summary
authID has announced a significant partnership with TurboCheck, selected by a leading global workforce solutions provider to combat increasing employment identity fraud. This collaboration aims to enhance hiring and onboarding security by employing deepfake-resistant identity verification technologies amidst rising threats from AI-generated impostors. The urgency of addressing hiring fraud is highlighted by predictions that one in four job candidates could be fake by 2028, posing risks such as data theft and financial fraud. With TurboCheck's fraud detection tools integrated with authID’s biometric verification, the partnership will facilitate real-time candidate validation, ensuring that only legitimate applicants enter the hiring process. The partnership underscores the commitment to improving workforce security and reflects the broader trend of integrating advanced identity verification solutions in response to evolving threats in the hiring landscape.
Potential Positives
- AuthID has secured a partnership with one of the world's largest workforce solutions providers, highlighting its growing leadership in identity verification and authentication.
- The collaboration with TurboCheck reinforces authID's capabilities to combat employment identity fraud, addressing a critical and rising concern in the hiring process.
- This deployment showcases authID's advanced technology that offers deepfake-resistant identity proofing, enhancing trust and security in the hiring lifecycle.
- The partnership addresses a substantial financial risk for companies linked to hiring fraud, thereby positioning authID as a vital solution in safeguarding organizational integrity and productivity.
Potential Negatives
- Press release emphasizes the alarming rise of employment identity fraud, suggesting a growing threat that companies must now confront, which could indicate existing vulnerabilities in authID's technology or market position.
- Partnership with TurboCheck highlights the necessity for advanced fraud detection solutions, potentially implying that authID's previous measures were inadequate in preventing sophisticated fraudulent activities.
- The statistics regarding the prevalence of fake job candidates reveal a significant challenge in the overall workforce landscape, which could adversely affect authID's market competitiveness and demand for their services.
FAQ
What is authID's role in workforce verification?
authID provides biometric identity verification solutions to combat employment identity fraud and enhance hiring security.
How does authID protect against deepfake identities?
authID's technology, combined with TurboCheck, uses deepfake-resistant biometric verification and liveness detection to confirm candidate identities.
Why is hiring fraud a concern for employers?
Hiring fraud can lead to significant financial losses, legal issues, and reputational damage for organizations, necessitating robust verification processes.
What technologies are used in the partnership with TurboCheck?
The partnership utilizes authID Proof™ and authID Verified™ for real-time candidate validation and ongoing worker authentication.
What market trend is increasing the need for identity verification?
The rise of remote and hybrid work models amplifies the demand for trusted workforce identity verification across various industries.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AUID Insider Trading Activity
$AUID insiders have traded $AUID stock on the open market 6 times in the past 6 months. Of those trades, 2 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $AUID stock by insiders over the last 6 months:
- STEPHEN JEFFREY GARCHIK has made 1 purchase buying 126,608 shares for an estimated $216,499 and 1 sale selling 50,000 shares for an estimated $53,000.
- KEN JISSER purchased 40,650 shares for an estimated $50,406
- THOMAS ROBERT SZOKE (Chief Technology Officer) has made 0 purchases and 3 sales selling 10,249 shares for an estimated $30,797.
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$AUID Revenue
$AUID had revenues of $-106.1K in Q3 2025. This is a decrease of -142.64% from the same period in the prior year.
You can track AUID financials on Quiver Quantitative's AUID stock page.
$AUID Hedge Fund Activity
We have seen 6 institutional investors add shares of $AUID stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CONNECTIVE CAPITAL MANAGEMENT, LLC added 44,922 shares (+59.1%) to their portfolio in Q3 2025, for an estimated $143,301
- VANGUARD GROUP INC added 25,822 shares (+6.1%) to their portfolio in Q3 2025, for an estimated $82,372
- STATE STREET CORP added 24,400 shares (+77.9%) to their portfolio in Q3 2025, for an estimated $77,836
- GEODE CAPITAL MANAGEMENT, LLC added 19,780 shares (+18.7%) to their portfolio in Q3 2025, for an estimated $63,098
- COMERICA BANK removed 19,127 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $61,015
- XTX TOPCO LTD removed 14,578 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $46,503
- TWO SIGMA INVESTMENTS, LP removed 12,926 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $41,233
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Full Release
New global customer win underscores authID’s growing leadership in workforce verification and the urgent need for deepfake-resistant identity proofing in hiring
DENVER, Jan. 08, 2026 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading provider of biometric identity verification and authentication solutions, today announced that one of the world’s largest workforce solutions providers has selected authID and technology partner TurboCheck to protect its hiring, onboarding, and daily workforce operations from a fast-growing wave of employment identity fraud.
The addition of this leading global workforce solutions provider underscores the continued momentum of authID’s workforce-verification business and validates the company’s ability to stop the rise of AI-generated impostors infiltrating global enterprises.
“Hiring fraud has become one of the most urgent and dangerous threats facing the modern workplace,” said Emmanuel Toutain, Founder and CEO of TurboCheck . “Our partnership with authID brings together two powerful technologies to ensure that organizations can verify workers in real time, at scale, and across regions. We are proud to support our workforce solutions customer as they strengthen their global hiring security.”
According to Gartner, by 2028 one in four job candidates worldwide will be fake, driven by AI-fabricated IDs, synthetic profiles, and machine-generated interview responses. Once hired, these impostors can steal sensitive data, plant malware, or commit large-scale financial fraud. The financial liability for companies caused by hiring fraud is substantial, including direct monetary losses, legal fees from negligent hiring lawsuits that can reach millions of dollars, and significant damage to productivity and reputation. The Association of Certified Fraud Examiners (ACFE) estimates that organizations lose an average of 5% of their annual revenue to occupational fraud, which often originates with a dishonest hire.
Major employers are now accelerating the adoption of identity-verified interviews and trusted onboarding workflows to protect their organizations from AI generated photo IDs, synthetic, seemingly legitimate resumes and even use of AI bots during live video interviews.
The global workforce solutions provider will deploy TurboCheck's fraud detection tools, which are powered by authID Proof™ and authID Verified™, to validate candidates before interviews, authenticate workers during onboarding, and ensure ongoing trust throughout the employee lifecycle. The combined solution with TurboCheck provides:
- Deepfake-resistant biometric verification powered by liveness detection
- Global document verification supporting regional and cross-border hiring
- Geolocation and identity corroboration to confirm candidate presence
- Seamless pre-interview validation, preventing fake applicants from ever entering the hiring funnel
By complementing strong background checking with biometric identity assurance, authID progresses beyond passive signals from paperwork and device to provide proof of life, linking the actual human to the documentation provided.
This latest deployment underscores authID’s unparalleled ability to solve hiring-fraud use cases where traditional Know Your Customer (KYC) methods fall short. It also builds on the company’s workforce-verification momentum with key partners, who stand against the infiltration of human resources by opportunists, professional criminals, state-sponsored fraudsters, and cyber-thieves. As the corporate world continues its momentum toward a remote workforce, the combined solution of authID and TurboCheck represents an expanding opportunity to secure the labor pool, and safeguard across additional enterprises, even as bogus applicants leverage digital tools to falsify their credentials.
“Artificial intelligence is transforming the hiring landscape, and those changes are not always for the better. Employers worldwide are now confronting a new class of threats, from deepfake job candidates to AI-generated identities designed to bypass traditional screening,” said Rhon Daguro, CEO of authID . “The customer’s selection of authID and TurboCheck reinforces our shared commitment to building a safer, trusted global workforce. Together, we are ensuring that companies can hire confidently, protect their data, and verify the authenticity of every worker from the very first interaction.”
As remote and hybrid work remain widespread, the need for trusted workforce identity verification is escalating across staffing, recruiting, gig-economy platforms, and global enterprises. With this partnership, authID continues to provide the foundation for that trust and safeguard the extensive enterprise hiring industry.
For more information on how authID combats one of the most common forms of workforce infiltration, download their whitepaper on deepfakes here .
About authID
authID® (Nasdaq: AUID) ensures enterprises "Know Who's Behind the Device™" for every customer or employee login and transaction through its easy-to-integrate, patented, biometric identity platform. authID quickly and accurately verifies a user's identity and eliminates any assumption of 'who' is behind a device to prevent cybercriminals from compromising account openings or taking over accounts. Combining secure digital onboarding, biometric authentication, and account recovery with a fast, accurate, user-friendly experience, authID delivers biometric identity processing in 700ms, with 1-to-1-billion false match rate and 1-to-many sub-second search capability. authID delivers all the benefits of biometric identity verification while ensuring complete privacy protection and regulatory compliance by storing no biometric data whatsoever. For more information, visit https://authid.ai .
About TurboCheck
TurboCheck is the #1 job applicant fraud detection platform in the world. As fraud has become more sophisticated with the use of AI, GPTs and advanced strategy, fraudulent applicants have grown to become 20-60% of the applicant pool, and have become a significant security threat for companies and reputation risk for staffing groups. TurboCheck's patented and legally compliant technology helps hiring teams quickly validate the realness of candidates, reduce risk, and speed time to hire. From initial application, through interviews, reference checks, employment verification, and into ongoing employment, TurboCheck helps to detect fraud, fakes and resume cheaters. For more information, visit www.turbocheck.com .
Investor Relations Contacts
authID Investor Relations
[email protected]
