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Bank Info Security 2 years, 5 months ago

Entrust in Talks to Acquire Onfido for AI-Based ID Checks

Acquisition Would Support Entrust's Digital Identity Security PortfolioEntrust, a pioneer payment, identity and data security software and services provider, is in talks to acquire Onfido, a pioneer in cloud-based, AI-powered identity verification technology, for a reported $400 million. The combined solution will help customers fight identity fraud.