Wirecard Communication Services acquired by IDnow

Tuesday 1 September 2020 11:59 CET | News

IDnow and Wirecard Communication Services have announced the signing of an agreement for the acquisition of Wirecard Communication Services by IDnow. 

With Wirecard Communication Services, IDnow will focus on providing identity services and continue to build additional capacity for the growth of IDnow identification processes. The acquisition is intended to facilitate the service quality of IDnow products and thus further increase the responsiveness for customers and cut waiting times.

Wirecard Communication Services GmbH was established on 29 April 2003, and is part of the Wirecard Group. In a structured investor process, Wirecard Communication Services was offered for sale by way of an asset deal. IDnow and Wirecard Communication Services have already been working together for more than five years.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: IDnow, acquisition, Wirecard Communication Services, identification, iD, identity services
Categories: Fraud & Financial Crime
Countries: World
This article is part of category

Fraud & Financial Crime