Mastercard announced on Monday it has acquired digital identity platform Ekata for $850 million. According to Mastercard, Ekata works with global merchants, financial institutions, travel companies, marketplaces, and digital currency platforms. It notably uses insights to deliver unique scores, data attributes and risk… Read More
Jumio, a U.S.-based AI-powered end-to-end identity verification and eKYC solutions provider, announced on Monday it has joined forces with Microsoft for the rollout of its Azure Active Directory (Active AD) verifiable credentials to help provide self-service enrollment and fast onboarding of remote users. Jumio reported that… Read More
Jumio, a U.S.-based AI-powered end-to-end identity verification and eKYC solutions provider, announced on Wednesday it received a $150 million investment from Great Hill Partners, a private equity firm. Founded in 2010, Jumio’s mission is to make the internet a safer place by protecting the ecosystems… Read More
IDnow, a provider of identity verification-as-a-service solutions, will be acquiring identity Trust Management, a global provider of digital and offline ID verification software from Germany. IDnow confirmed that it would continue to maintain identity Trust Management’s Düsseldorf location and will retain its employees as well…. Read More
Vouched, a developer of proprietary artificial intelligence and computer vision for end-to-end identity verification and real-time fraud detection, announced on Thursday it has raised $3 million through its latest funding round, which was led by Flying Fish Partners. Founded in 2018, Vouched describes itself as… Read More
Jumio, a U.S.-based AI-powered end-to-end identity verification and eKYC solutions provider, announced on Tuesday it has acquired the AML platform from Beam Solutions, a San Francisco-based startup focused on transaction monitoring and KYC. Jumio reported it will integrate Beam’s suite of AML solutions into… Read More
Trulioo, an on-demand global identity verification company, has been recognized on The Globe and Mail’s second-annual ranking of Canada’s 2020 Top Growing Companies – which ranks companies based on their three-year revenue growth. As mentioned in a release shared with CI, Trulioo recorded three-year growth… Read More
Trulioo, a provider of global identity verification solutions, revealed on July 8, 2020 that it has developed new document verification and facial recognition software. The new features will be added to EmbedID, a low-code developer tool that can work with the GlobalGateway API – which… Read More
France-based AI company ubble has acquired more than €10 million (appr. $11.2 million) in capital through a round led Breega and Partech and Breega. The funds raised will reportedly be used to develop ubble’s remote onine ID verification product which will include biometric facial recognition…. Read More
The deVere Group, a global financial consultancy providing advice to expatriate clients and investors, has introduced a customer onboarding verification app. The company’s Ident Me app aims to offer a secure identity verification system, which could serve as an alternative to traditional customer onboarding solutions…. Read More
LendingUSA, a U.S.-based fintech lender that provides loans to small businesses ranging from $1000 to $35,000, announced the launch of its instant ID verification feature. According to LendingUSA, the feature will improve identity security for borrowers, and streamlining the entire loan application & funding process… Read More
Onfido, a global identity verification provider, has reportedly secured $100 million through its latest investment round, which was led by TPG Growth. Founded in 2012, Onfido describes itself as the “new identity standard” for the internet. The company reported that its AI-based technology assesses whether… Read More
Acuant, an identity verification solutions provider, announced on Tuesday it has finalized the acquisition of its former strategic partner, IdentityMind, a SaaS RegTech platform that builds, maintains and analyzes digital identities worldwide. As previously reported, IdentityMind helps users win the fight against fraud, money laundering,… Read More
Jumio, an established provider of artificial intelligence (AI)-enhanced end-to-end identity verification and authentication services, has teamed up with CIMB Bank Philippines’ all-digital bank to offer a convenient and user-friendly digital onboarding solution to Filipinos. Having completed its first full year of business operations, CIMB Bank… Read More
Nir Kshetri, a professor of management at the University of North Carolina, says that there are some major issues that must be addressed before blockchain-enabled voting can be carried out in a safe and trustworthy manner. Kshetri noted that “small-scale tests run so far have… Read More
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