Payments NewsDigital ID Archives - Payments News

Payments Pioneer’s Vision: Use AI to Link Digital ID, Banks

February 1 2021

in
Digital ID

“Will Graylin’s new company OV Loop wants to use artificial intelligence — including the platform it just inherited with its PayFi acquisition — to connect digital ID to in-app payments, making it easier for banks to work with third-party wallets.”

Deals

Equifax Announces Definitive Agreement to Acquire Kount

January 11 2021

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Digital ID

“Equifax ® (NYSE: EFX ) a global data, analytics and technology company has signed a definitive agreement to acquire Kount, a provider of Artificial Intelligence (AI)-driven fraud prevention and digital identity solutions, for $640 million. As global digital transformation accelerates, driving customer interactions to digital channels in record numbers, businesses require new ways to establish digital […]

Companies

Mastercard and Optus Bring Digital Identity to the Australian Telecommunications Industry

November 17 2020

“Mastercard and Optus today announced a strategic partnership to provide customers a simpler and more secure way to prove their identity online and in-store. In using ID , the Mastercard digital identity service, Optus will strengthen its identity verification and authentication process while retaining its best-in-class, digital-first customer experience.”