authID Inc. announced on February 4, 2025, that Salus, an inclusive microlending platform, has chosen its biometric identity verification and authentication solutions. Salus will leverage authID’s technology for onboarding and authenticating applicants from underprivileged communities. This partnership aims to protect user privacy and maintain compliance with regulatory requirements in financial services.
Salus, launched in 2023, partners with credit unions to provide credit to over 120 million young, underserved adults without prime credit scores. James Chemplavil, CEO of Salus, stated that authID’s solutions offer the fast, friendly, and accurate verification needed for their customers and partners. This helps credit unions build trust with members and confidently make loans to underbanked individuals.
Rhon Daguro, CEO of authID, expressed enthusiasm for adding Salus to their customer portfolio, recognizing their mission to serve individuals struggling with traditional banking processes. He highlighted authID’s deterministic validation of identity, which helps quickly and accurately onboard legitimate applicants while deflecting criminals and deepfakes. This collaboration further demonstrates authID's commitment to broadening access to financial participation securely.
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