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The acquisition follows the company s best quarter in history with record revenue
LOS ANGELES, May 04, 2021, the global trusted identity platform for fraud prevention and AML compliance, today announced the completion of the acquisition of Hello Sodaas part of their continued investment and commitment to innovative technology. Hello Soda is a global provider of identity verification and KYC solutions headquartered in the UK with focus on the European and Asian markets. Along with the company s deep expertise in eMoney and gaming, with customers including VirginBet, Klarna and Paysafe, the union will bring together powerful technology and data science capabilities that are key to unlocking trust in digital identities.
Acuant Announces the Acquisition of Hello Soda to Strengthen Its Trusted Identity Platform and Global Position in Digital Identity | Comunicados | Edición USA
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The Hello Soda dark web solution reduces fraud risk by scanning over 600 million dark web records for signs of compromised personally identifiable information. Hello Soda’s other interesting solutions include ProfileiD and iDocufy.
ProfileiD analyzes customers’ digital footprint to automate user authentication “in sub-5 seconds.” iDocufy, on the other hand, verifies over 6,000 forms of government-issued identity documents.
“We could not be happier to join Acuant, bringing our talent, technology, network and expertise to strengthen all we have accomplished and to take our mutual vision further as a team,” stated James Blake, founder and CEO of Hello Soda.
“Our combined technology will serve us well in our joint mission to democratize trust and provide solutions to reach every sector of the global population, allowing every individual to conduct trusted transactions when and where they wish.”
Happy Identity Management Day
Every dog has its day as the saying goes and it s increasingly the case that every aspect of information technology has one too a day that is, not a dog.
Today is Identity Management Day, created by the The National Cybersecurity Alliance and the Identity Defined Security Alliance. It s the first one so you can forgive the lack of greetings cards and themed balloons in the shops but there is plenty of industry comment.
Anurag Kahol, CTO and co-founder of Bitglass says, Identity Management Day emphasizes the importance of protecting our digital identities (which is increasingly critical as the acceleration of digital transformation efforts opens new doors for threat actors). With many internet users holding dozens of online accounts across various services, it has become more difficult for them to memorize numerous, complex passwords. Unfortunately, password reuse has become a common malpractice that increases the chances of account hijacking when o
Acuant Joins Forces with Microsoft to Build a More Trustworthy Identity Ecosystem with Verifiable Credentials
New Approach in Decentralized Identifiers Will Provide Microsoft Azure Active Directory Users Control Over ID Management
LOS ANGELES, April 06, 2021, a leading global provider of identity verification solutions, today announced its collaboration with Microsoft to improve verifiability and secure information exchange in Azure Active Directory.
Azure AD verifiable credentialsare now available in public preview. The introduction of Azure AD verifiable credentials allows businesses and users to establish trust without sacrificing data privacy, changing the way we grant permissions to access information. My Digital ID from Acuant will be an offering that enables organizations to issue, request and verify digital credentials to accelerate onboarding of new and existing users, secure access to apps and enable a more trustworthy credential recovery experience.
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