Fraud detection

Mastercard purchases identity verification company Ekata, its 6th known acquisition to exceed a $100M purchase price HW+

As mobile payment usage increases, companies that offer fraud prevention services and identity verification are an integral part of the payments ecosystem. Mastercard’s acquisition of Ekata for $850 million showcases the incredible value that identity verification with venture capital funding may be able to attract. Ekata found its success in providing financial institutions with APIs […]