BoomID offers an identity assurance platform that verifies users through multiple factors, providing a secure and convenient way to access digital services. This helps organizations reduce fraud and improve user experience by ensuring only legitimate users gain access.
Funding
Funding not disclosed
Founders
Product
Problem
Organizations face challenges in verifying the identity of individuals accessing physical and digital resources, leading to potential security breaches, fraud, and compliance issues. Traditional methods like badges, passwords, and manual logs are often insufficient to prevent impersonation, credential sharing, and unauthorized access.
Solution
BoomID offers an identity authorization platform that uses palm-based biometrics and dynamic risk intelligence to provide real-time identity assurance. The platform combines a contactless palm scan for enrollment with continuous analysis of contextual data and behavioral patterns to grant or deny access. This approach enables organizations to verify the identity of vendors, workforce, visitors, and people accessing digital systems, ensuring that only authorized individuals gain entry or access. BoomID's solution helps prevent vendor fraud, secures physical and digital access points, streamlines visitor management, and accurately tracks workforce attendance.
Target Audience
BoomID targets organizations across various sectors, including government, education, financial services, healthcare, and hospitality, that require secure and auditable identity verification for employees, vendors, visitors, and digital access.
Features
- Palm-based biometric authentication for secure and contactless identity verification
- Proprietary risk engines that analyze contextual data and behavioral patterns for real-time decision-making
- Integration with Dun & Bradstreet for vendor compliance validation
- Spoof-proof digital identity checks for high-risk logins
- Role-based access control and time-restricted permissions
- Audit logging for compliance and accountability
- Hardware-agnostic design that works with common devices or mobile apps
- Privacy-centric approach that collects minimal data and never stores PII