Keeping our digital lives secure can feel like a full-time job. If you work in banking, healthcare, gaming, government, or any other industry, safeguarding personal info and data while making sure only the right people have access is a big deal. That's where OnID comes in. It is a comprehensive, biometric-based platform that takes the headache out of security by offering a seamless, all-in-one solution.
At its heart, OnID is the first platform to combine onboarding, identification, and verification all in one place. What's the secret? Think Mission Impossible, only it isn't science fiction. OnID offers five biometric methods, fingerprints, facial recognition, voice authentication, and more, along with document verification, to create a foolproof system. No more juggling multiple vendors or piecing together fragmented security solutions. OnID gives businesses everything they need while saving them time, money, and effort.
Taking the Fight Against Fraud
"Fraud isn't just an inconvenience; it's a massive financial burden," explains CEO and co-founder of OnID Inc. John Puente. "In healthcare alone, Medicare and Medicaid fraud rack up costs of around $18 billion every year." Criminals steal personal information and game the system, billing for services that never happened. OnID ensures that only the right person can access their account by combining multiple layers of biometric authentication with document verification and proof-of-life technology. "It's like locking the front door and putting a watchdog out back; bad actors don't stand a chance," asserts Puente.
The Expertise Behind OnID
OnID's foundation is built on the expertise of its founder, a dynamic sales executive, and business leader with over 25 years of experience. Puente's career includes opening enterprise, law enforcement, banking, and government sectors for IT-based software services, telecommunications, and wireless solutions across North America, the Caribbean, and Latin America.
With a track record of driving sales growth, launching new ventures, two successful exits, and executing go-to-market strategies, he has been instrumental in bringing advanced cybersecurity solutions into new markets. His deep understanding of IT security, government regulations, and sales channel management has played a crucial role in OnID's success, positioning the company as a trusted player in the field of biometric identification.
Other Reasons to Choose OnID
While some competitors currently offer one form of biometric security, OnID offers them all. Many businesses end up purchasing each service, such as facial recognition, document verification, or fingerprints, separately, but that's a lot to manage. OnID simplifies everything and adds multiple layers of security by bundling it into a single, easy-to-use platform.
"It's not just about convenience," explains Purente. "By integrating multiple biometric systems in one place, we can lower costs, boost security, and make management a breeze. It is an all-around win." As the OnID team likes to say, "Security meets simplicity." With a pay-as-you-go model, businesses only pay for what they use. That makes OnID cost-effective and scalable, perfect for companies looking to tighten security without the stress of multiple contracts or services.
Real Success, Real Results
OnID isn't just a concept; it's already delivering results. In healthcare, for instance, OnID helps verify identities with pinpoint accuracy, which has significantly cut down on Medicare and Medicaid fraud. Likewise, a major bank is switching to OnID's biometric solution for 300,000 users, which is growing to 700,000. The outcome? Faster onboarding, fewer fraud cases, and a better overall customer experience.
OnID's reach is only growing. The platform is expanding into fintech and gaming, two sectors where secure, accurate identification is just as crucial. Whether it's verifying users' ages for online gaming or protecting sensitive financial data, OnID's biometrics are a perfect fit for a range of high-stakes industries.
Strategic Partnerships for Big Growth
OnID has a number of strategic partnerships with React, HID, InGroupe Nexus, Regula Forensics, and Identy, which are all leaders in identity and access management. This collaboration opens doors in the U.S. banking and government sectors, offering banks and institutions an easy, secure way to onboard and verify their users.
React is also a key shareholder of OnID, bringing over 15 years of expertise in delivering secure banking transactional solutions. The company was founded by Alan Archila, who has recently been appointed as OnID's Chief Information Security Officer (CISO). Alan's extensive experience in developing advanced fraud prevention solutions for global banks and governments positions OnID for robust scalability and ensures its compliance with international security standards.
Since launching OnID in May across North America, we've secured our first $16K deal and expect a monthly run rate of $5K for 2024, with the potential to double or triple within a year. We're also negotiating 4–5 more deals. "We also have several more partnerships and clients in the pipeline, including a healthcare provider, bank, state pension, e-passport, and medical lab, valued between $20K and $3 million," Puente shares.
What's Next for OnID?
As identity fraud continues to rise, businesses need more than just basic solutions; they need something scalable and reliable. OnID doesn't just address this need; it is creating a new standard for how identity verification should and could work.
With a proven track record, strong partnerships, and an ability to fight fraud across industries, OnID is gearing up for serious growth. By blending security with simplicity, OnID offers businesses a future-proof solution that reduces risk and increases efficiency. With a focus on continued innovation, the company is sure to stay ahead of the curve, helping to create safer, more secure digital experiences across the globe.
Visit OnID today.
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