authID shares surge 32.03% premarket after securing $6B global retailer partnership for workforce verification and AI fraud prevention.

authID surged 32.03% in premarket trading following the announcement that a global personal care retailer with over $6 billion in annual sales selected its biometric identity verification solutions in partnership with MajorKey. The collaboration aims to secure employee and contractor identity verification while mitigating AI-driven hiring fraud, deepfakes, and synthetic identity threats. The retailer, leveraging authID’s privacy-preserving technology and MajorKey’s identity management expertise, will deploy the solution to verify offshore contractors and remote hires, ensuring compliance with global data regulations. The CEO highlighted the partnership as a validation of authID’s market leadership and its ability to address a $20 billion digital authentication market. The news underscores growing demand for secure workforce onboarding solutions amid rising fraud risks, positioning authID as a key player in enterprise identity security.