Mastercard completes the acquisition of Ekata

Thursday 10 June 2021 13:31 CET | News

Mastercard has completed its acquisition of Ekata, a provider of identity verification services.

Ekata's identity verification data, machine learning technology and global experience will add to Mastercard's fraud prevention and digital identity programs. The combined services will help businesses know who their customers are and, in turn, help those customers interact online, while continuing to advocate and support the responsible use of data.

Mastercard acquired Ekata for USD 850 million.

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Keywords: Mastercard, digital identity, Ekata, acquisition, fraud prevention
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime

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