authID Inc. (NASDAQ: AUID) held its Annual Meeting of Shareholders via webcast on July 6, 2026, at 10:00 am Eastern Time. During the proceedings, all directors nominated for election were duly elected, and all resolutions proposed to the shareholders were duly adopted.

The meeting served as a platform for the company to secure shareholder approval for its governance structure and strategic direction. authID provides biometric identity verification and authentication solutions, ensuring enterprises "Know Who's Behind the Device™" for every customer or employee login and transaction.

The company's patented IDX platform verifies user identity with a 1-in-1-billion False Positive Rate. This technology aims to secure the distributed workforce of employees and contractors while enforcing authorization and accountability for AI agents.

By creating a biometric root of trust for each user, authID's platform stops fraud at onboarding and prevents account takeover. The technology also detects and stops deepfakes, eliminates password risks and costs, and provides a frictionless user identity experience.

Key Meeting Outcomes

authID, a provider of biometric identity verification and authentication solutions, has announced its inclusion in the Microsoft Entra Verified ID partner ecosystem as an Entra Verified ID Identity Verification (IDV) Partner. This certification expands authID’s potential reach across the global Microsoft customer base and strengthens its partnership momentum with MajorKey Technologies, an Elite Microsoft Partner. The integration delivers high-assurance, privacy-preserving identity verification at scale across the Microsoft ecosystem, allowing enterprises to validate that a digital identity is tied to a real, present individual.

Microsoft Entra services over 800,000 organizations globally, supporting over 1 billion monthly active users, and processing over 8 billion authentications daily. Certification means that authID’s solution has been rigorously vetted by Microsoft for security, interoperability, and compliance standards. This provides instant credibility with enterprise buyers and allows authID to deliver its IDV solution to the majority of global enterprise customers without custom development or security exceptions.

Addressing the Expanding Digital Identity Ecosystem

The certification comes at a critical time for enterprise security as reported losses from job scam fraud jumped from $90 million in 2020 to over $501 million in 2024, a 457% increase in four years. Gartner projects that one in four candidate profiles globally could be fraudulent by 2028. As enterprises accelerate digital transformation, identity verification has become a foundational requirement across hiring, onboarding, account recovery, and privileged access workflows.

Partnership Details

The inclusion in the Microsoft Entra Verified ID partner ecosystem marks a significant step for authID in expanding its market presence. The collaboration leverages the strengths of both companies to enhance identity verification capabilities.

Technology and Capabilities

authID’s technology combines high-assurance biometric verification with a privacy-first architecture. Key features include sub-second identity verification with industry-leading accuracy, zero biometric data storage to reduce enterprise liability, and liveness detection to ensure the real user is present. By integrating authID Proof with Microsoft’s decentralized identity platform, organizations can establish trust at every digital interaction while preserving user privacy.