April 29, 2022 – Hillsboro, OR – Q5id, a pioneer of the self-managed proven identity, announced its membership in the Oregon Bankers Association, the Nevada Bankers Association, the Idaho Bankers Association, and Washington Bankers Association.
These new relationships represent Q5’s commitment to protecting the identity of individuals through providing secure, self-managed proven identities. Banks in particular stand to benefit from offering customers the ability to use biometrics to access their accounts and keep them secure, and Q5 adds significant value in this area, according to Q5id Founder and CEO Steve Larson. “Our patented identity proofing solution creates secure identities that can be used for protecting accounts, customer assets, and data,” said Larson. “By joining these premiere associations, we can better partner with banks on what they need for frictionless onboarding, KYC compliance, and ongoing account security.”
Q5id has already contributed to the associations by participating in virtual conferences as subject matter experts and discussing the use of self-managed identities and biometrics to replace less secure multi-factor authentication methods. Tony Clem, Q5id CISO, joined Becky Wanta, CIO & CTO, and Michael Bibeau, Chief Innovation Officer, in contributing to the Washington Bankers Association 2022 Virtual FinTech Conference with engaging roundtable discussions. “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 Duncan Taylor, Senior Vice President.
Q5id provides industry-leading, patented identity proofing services that allow individuals to take back control and protection of their identity. Using multiple biometrics for secure, password-less logins eliminates credential theft, while the comprehensive identity proofing process allows for ultimate KYC due diligence.
With the ability to accurately prove identities with just a mobile device, banks using Q5id’s technology can give customers a uniquely convenient and secure way to create accounts or access existing ones. Q5id’s Proven Identity Solution offers the most robust identity proofing process with the least amount of friction on the market.
About Q5id
Q5id is transforming how individuals and organizations manage identities. With a patented, frictionless identity proofing process, Q5id offers unparalleled identity accuracy and security in a simple, easy to use mobile app. By placing the power of identity back in the hands of the individual, Q5id is poised to disrupt the identity landscape with the first readily available self-managed, proven, and truly secure identity. Founded in 2019 by four experienced identity leaders, Q5id is led by a world-class team and headquartered in Hillsboro, OR. For more information, visit https://www.q5id.com.
