authID shares surge 10.12% intraday after major retailer reports 472% biometric enrollment growth with PrivacyKey.

authID surged 10.12% intraday after announcing that a major global retailer expanded its rollout of the company’s PrivacyKey™ and biometric identity platform following exceptional performance metrics. The customer reported a 472% increase in biometric enrollments, over 5X scalability, and a 97.0% acceptance rate, alongside 97.9% first-attempt verification success. These results, achieved while mitigating cyber threats like deepfakes and ransomware, validated authID’s ability to enhance security and user experience at scale. CEO Rhon Daguro emphasized the platform’s rapid deployment and efficiency, reinforcing confidence in its market potential. The news, highlighting strong operational outcomes and global scalability, directly aligned with the intraday price surge, underscoring investor optimism about authID’s competitive edge in the cybersecurity sector.