authID has been selected by First Mile Labs to provide biometric identity verification for employee onboarding, enhancing the ability of UK-based banking and financial services clients to secure their workforce. The partnership addresses the significant risk posed by fraudulent employees, who can steal intellectual property or assets and deploy ransomware, with losses from fake employees reaching $4.1 billion in 2024 according to Growth Market Reports.

First Mile Labs, a vendor-agnostic orchestration layer for corporate onboarding, will integrate authID’s biometric identity technology into its platform. This integration is designed to streamline the onboarding process, reducing it from weeks to days while enforcing compliance and reducing risk. The solution leverages existing tools to create a secure and efficient framework for high-volume identity validation.

authID’s identity verification solution provides several key capabilities, including document verification of government-issued IDs, liveness detection to ensure real-time presentation, and industry-leading matching of ID portraits and selfies. It also features deepfake detection to prevent AI-generated images from being presented through browser, hardware, or network infiltration.

"Our clients leverage our no-code platform in order to onboard only trusted individuals and organizations," explained Matthew Goodbody, founder of First Mile Labs. "authID elevates our ability to deliver those trusted identities with frictionless biometric verification. authID’s purpose-built platform integrates with our own seamlessly. Together we bring a powerful, trusted orchestration model for high-volume identity validation."

The collaboration aims to safeguard businesses from the increasing prevalence of identity theft and AI-generated fraud. Gartner projects that one out of four candidates could be fake by 2028, highlighting the need for robust verification measures. authID’s technology was chosen for its quick integration, scalability, and accuracy, which Goodbody was familiar with from previous experience.

Key Features of authID’s Solution

"Fraudulent customers can cost you money. But fraudulent insiders are an existential threat," commented Rhon Daguro, CEO of authID. "First Mile Labs has a powerful platform for securing the end-to-end process of bringing on workforce members in a compliant manner, and they can now leverage the strength of our biometric solutions for validating identity and liveness in an era when AI makes it increasingly simple to generate fraudulent identities."

authID Inc filed a prospectus for the resale of up to 4,637,852 shares of common stock by selling stockholders. The shares consist of up to 4,065,000 shares issuable upon the exercise of stock purchase warrants and up to 572,852 fee shares. These securities were issued or are issuable to the selling stockholders in connection with a private placement that closed on April 29, 2026.

The registrable securities were issued pursuant to a Securities Purchase Agreement dated April 29, 2026. The issuance relied on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933 and Rule 506(b) of Regulation D. authID is registering the resale to satisfy registration rights granted to the selling stockholders.

The company stated it is not selling any securities under this prospectus and will not receive proceeds from the sale of the registrable securities by the selling stockholders. However, authID will receive the proceeds of any cash exercise of the April 2026 Warrants.

Selling stockholders may sell the securities through various methods at varying prices, including ordinary brokerage transactions or directly to market makers. authID will bear all fees and expenses related to its obligation to register the securities, while the selling stockholders will bear commissions and discounts attributable to their sales.

Breakdown of Registrable Securities