authID shares surge 15.69% intraday after signing deal with global personal care retailer to combat AI-driven hiring fraud and secure IT systems.

authID surged 15.69% in intraday trading, driven by its announcement of a partnership with a global personal care products retailer with over $6 billion in annual sales. The company will provide employee and contractor identity verification solutions to combat AI-driven recruitment fraud and secure enterprise IT system access. AuthID is a leading provider of biometric authentication solutions, offering cloud-based services for workforce verification and enterprise cybersecurity through biometric identification, authentication, and account recovery.