Entrust has entered into exclusive discussions to acquire Onfido. This potential acquisition would add Onfido’s cloud-based, artificial intelligence (AI)-powered identity verification (IDV) technology to Entrust’s existing portfolio of identity solutions, Entrust said in a press release emailed to PYMNTS Tuesday (Jan. 6). “We chose to enter into...
Onfido has acquired Airside Mobile to deliver shareable digital identity solutions. The acquisition will expand Onfido’s automated identity verification platform to include Airside Mobile’s shareable digital identity technology that has been used by over 10 million travelers and allows them to fast-track their way through...
Depending on the industry, business-to-business (B2B) payments require different security measures to safeguard their systems. And with fraud remaining a top concern for B2B firms, adopting the right payment technology is increasingly critical to protecting businesses’ bottom lines. For example, 47% of B2B firms have...
Today in the connected economy, UnitedHealthcare extends its collaboration with the fitness platform Peloton as more consumers look for ways to mix digital and in-person health. Also, Target and TD Bank decide to continue their collaboration on the Target Red Card until 2030, and Japan’s...
July 19, 2021
PYMNTS’ June 2021 study, Selfie ID: Consumers and the Use of Facial Biometrics to Secure Digital Commerce, a collaboration with Onfido, surveyed nearly 2,600 U.S. consumers in Q2 2021 on their feelings about using smartphone selfies to identify themselves, as well as the level of awareness around the added security that selfie-based ID solutions deliver. […]
June 25, 2021
With the right tools, a trained locksmith can open a locked door in a matter of seconds. But the ease and speed with which this most basic of security systems...
June 15, 2021
As hackers are becoming more prolific with cyberattacks on digital accounts, biometric authentication technologies such as fingerprint, voice and facial recognition have grown favorable for customer identification and verification. Not...
May 03, 2021
Fighting fraudsters is a problematic realm in the digital era because fraud stubbornly refuses to be a static target. Instead, digital fraud is an ever-evolving and improving field of endeavor...
April 09, 2024
Data security firm Entrust has finalized its purchase of identity verification company Onfido. “With this completed acquisition, Entrust now provides the industry’s most comprehensive portfolio of AI-powered, identity-centric security solutions,” the company said in a news release Tuesday (April 9). Entrust did not disclose the terms of the deal, which was first announced in February. The release notes that attacks on […]
February 06, 2024
Entrust has entered into exclusive discussions to acquire Onfido. This potential acquisition would add Onfido’s cloud-based, artificial intelligence (AI)-powered identity verification (IDV) technology to Entrust’s existing portfolio of identity solutions, Entrust said...
May 22, 2023
Onfido has acquired Airside Mobile to deliver shareable digital identity solutions. The acquisition will expand Onfido’s automated identity verification platform to include Airside Mobile’s shareable digital identity technology that has...
September 21, 2022
Next-generation facial biometric technology has the ability to speed up verification, detecting a real person in seconds. Global digital identity verification and authentication provider Onfido introduced a new solution for...
