8x8 (EGHT) Introduces Verif8 AI-Powered Authentication Service

8×8, Inc. (NASDAQ:EGHT) is one of the most popular AI penny stocks to buy according to billionaires. On June 24, the company introduced a new omnichannel authentication service named 8×8 Verif8. 8×8 Verif8 is a One-Time Password (OTP) authentication solution designed to enhance security across SMS, voice, and Viber platforms for businesses of all sizes.

According to 8×8, the Verif8 solution addresses a 44% year-over-year increase in global cyberattacks. It aims to provide secure, real-time authentication without requiring complex infrastructure or extensive development resources. Some of the key features include self-service onboarding, pre-approved Sender IDs, and easy API integration. It also supports OTP delivery via SMS, voice, and Viber, and provides pre-built templates in 43 languages and ready-to-use Sender IDs for immediate deployment.

Verif8 operates on 8×8’s Communications Platform as a Service (CPaaS) layer. It integrates with the broader 8×8 Platform for Customer Experience (CX), which combines contact center, unified communications, and CPaaS solutions to enable seamless and secure customer interactions across the entire customer journey.

8×8, Inc. (NASDAQ:EGHT) provides cloud-based communication solutions that unify contact center, voice, video, chat, and APIs into a single AI-powered platform for customer experience. Its Intelligent Customer Assistant leverages generative AI to automate digital and voice interactions.

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Disclosure: None. This article is originally published at Insider Monkey.