Q5id Joins Four State Bankers Associations to Provide Expertise and Support in Improving Account Security

Hillsboro, OR -- Identity protection provider Q5id has officially become a member of the Oregon Bankers Association, the Nevada Bankers Association, the Idaho Bankers Association, and the Washington Bankers Association (WBA).

The company's membership represents its "commitment to protecting the identity of individuals through providing secure, self-managed proven identities." Q5id also presents an opportunity for banks to offer customers the ability to access and secure their accounts through biometric technology.

Q5id Founder and CEO Steve Larson pointed out that joining the four state bankers associations enables the company to fulfill the needs of financial institutions for frictionless onboarding, KYC compliance, and ongoing account security.

He also mentioned that Q5id's patented identity proofing solution is designed to secure identities to protect accounts, customer assets, and data.

As a new member, Q5id has already participated in the virtual conferences of the four associations to impart its knowledge in self-managed identities and biometrics. The company discussed how the technologies could replace weak multi-factor authentication (MFA) methods for better security.

Its most recent appearance is at the Washington Bankers Association 2022 Virtual FinTech Conference. Q5id CISO Tony Clem, CIO and CTO Becky Wanta, and Chief Innovation Officer Michael Bibeau attended the event.

"WBA is beyond thrilled to have had Q5id's participation and support for our annual Fintech Conference. Our attendees were incredibly grateful for their knowledge and expertise!" said WAB Senior Vice President Duncan Taylor.

Since 2018, Q5id has been providing patented identity proofing services that allow businesses and individuals to control and protect their data and identities. It uses biometric technology to secure user logins and identity proofing solutions to help companies comply with KYC regulations.

Both businesses and individuals can verify identities through their mobile app, giving them a convenient way to create or access accounts.

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The need for a proven and secure identity has never been higher. Consumers demand it, businesses need it to establish and maintain customer trust, and compliance laws mandate it. Traditional methods of authentication and verification such as passwords, SMS passcodes, and knowledge-based authentication are increasingly vulnerable.

At Q5id, we prove that your customers'​ digital identity and real-world identity are the same. Our unique identity verification and authentication solution delivers a Proven and Secure digital identity for everyone in your digital ecosystem.

We are a team of experts developing advanced technology to support critical infrastructure.

To learn more about Q5id, visit their website: https://q5id.com/

This release was published on openPR.