authID Launches Identity Exchange (IDX) to Eliminate Enterprise Identity Blind Spots, in Strategic Partnership with NEC Networks & System Integration Corporation (NESIC)
Rhea-AI Summary
authID (Nasdaq: AUID) has launched Identity Exchange (IDX), a next-generation identity management platform developed in partnership with NEC Networks & System Integration Corporation (NESIC). The platform introduces biometric-bound, passwordless credentials designed to eliminate enterprise identity blind spots and support Zero Trust architecture.
IDX's key features include privacy-preserving biometrics through authID's PrivacyKey, FIDO2 implementation for passwordless logins, AI-driven identity lifecycle management, and seamless integration with major IAM platforms. The platform targets use cases including enterprise workforce authentication, contractor onboarding, supply chain security, government credentials, and call center authentication.
Positive
- Strategic partnership with NESIC, a subsidiary of NEC Corporation
- Platform compliant with global standards through ADI Association specification
- Integration with major platforms including Microsoft Entra ID, Okta, and Ping Identity
- Privacy-preserving biometrics technology eliminates sensitive data storage
Negative
- None.
News Market Reaction
On the day this news was published, AUID gained 7.71%, reflecting a notable positive market reaction. Argus tracked a peak move of +4.5% during that session. Our momentum scanner triggered 11 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $4M to the company's valuation, bringing the market cap to $54M at that time.
Data tracked by StockTitan Argus on the day of publication.
New platform delivers passwordless, privacy-first, and interoperable digital credentials to modernize identity security and support Zero Trust architecture
DENVER, July 31, 2025 (GLOBE NEWSWIRE) -- authID® (Nasdaq: AUID) (“authID”), a leading provider of biometric identity verification and authentication solutions, today announced the launch of authID Identity Exchange (IDX), a next-generation platform purpose-built to close long-standing gaps in enterprise identity and access management. IDX modernizes identity management with biometric-bound, passwordless, interoperable credentials that stop phishing attacks, ensuring only verified users can access sensitive systems and data.
Developed in strategic partnership with NESIC, a subsidiary of NEC Corporation, and a leader in integrated IT and network solutions for digital transformation (DX), IDX allows authorized personnel to create or claim a central credential that can be leveraged across multiple subsidiaries of a large enterprise, simplifying and securing the management of workforce identities.
With IDX, organizations can eliminate ghost accounts and shared credentials for every identity in the enterprise, automate onboarding through secure document verification, and extend protections to full-time employees and contractors alike. The platform also helps reduce identity-related IT support costs while ensuring compliance with global data security and privacy regulations.
“At authID, our mission is to solve pain points in today’s identity infrastructure, particularly those that continually expose large, complex organizations to breaches, fraud, operational friction, and unnecessary compliance risks,” said Rhon Daguro, CEO of authID. “IDX helps redefine how identity verification should work in a Zero Trust world: unphishable, privacy-first, frictionless, and built to secure every identity across the extended enterprise.”
IDX is the first enterprise platform built on the Accountable Digital Identity Association (ADI Association) specification (now part of the Secure Identity Alliance or SIA), ensuring it is aligned with global interoperability and data sovereignty standards. Key innovations include:
- Privacy-by-Design: Leveraging privacy-preserving biometrics (via authID’s PrivacyKeyTM), IDX authenticates users without storing sensitive biometric data, eliminating honeypots and supporting compliance with GDPR, HIPAA, BIPA and other regulatory frameworks.
- Frictionless Authentication: IDX is the first platform to combine authID’s PrivacyKey biometric protocol with FIDO2 in a single implementation, enabling strong, unphishable, and passwordless logins for every enterprise identity.
- AI-Driven Identity Lifecycle Management: From onboarding to revocation, IDX uses intelligent automation to reduce IT overhead and ensure policy compliance.
- Plug-and-Play Integration: IDX works seamlessly with leading Identity and Access Management (IAM) platforms including Microsoft Entra ID, Okta, and Ping Identity, while also interoperating with emerging global identity exchanges.
“NESIC and authID share a vision for a more secure and connected digital future where every identity is verified, protected, and interoperable,” said Osamu Kikuchi, EVP, CDO, CIO, and member of the board at NEC Networks & System Integration Corporation. “Having launched the Japanese Identity Exchange via our Symphonict Trust framework, we’re excited to partner with authID to expand this vision globally.”
The initial target use cases available at deployment include:
- Enterprise workforce authentication across devices and locations.
- Contractor and vendor onboarding without shared accounts.
- Supply chain security and access governance.
- Government and public-sector federated credentials.
- Call centers and support with strong agent authentication.
“IDX represents a foundational shift in how enterprises manage identity: decentralized, privacy-first, and built for a connected world,” said Ramesh Kesanupalli, co-founder of the ADI Association and FIDO Alliance founder. “This is the future of identity in motion.”
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 powers biometric identity proofing in 700ms, biometric authentication in 25ms, and account recovery with a fast, accurate, user-friendly experience. With our ground-breaking PrivacyKey™ solution, authID provides a 1-to-1-billion false match rate, while storing no biometric data. authID stops fraud at onboarding, blocks deepfakes, prevents account takeover, and eliminates password risks and costs, through the fastest, most frictionless, and most accurate user identity experience demanded by today’s digital ecosystem. For further information please visit authid.ai.
Media Contacts
NextTech Communications
Walter Fowler
1-631-334-3864
wfowler@nexttechcomms.com
Investor Relations Contacts
Investor-relations@authid.ai
FAQ
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