Mastercard-owned eCommerce verification platform Ekata on Tuesday (Nov. 2) announced it has teamed with Singapore’s Advance.ai on a suite of B2B digital identity offerings and risk prevention solutions for customers in South and Southeast Asia, according to a Tech in Asia report. Through the partnership,...
Proving that customers are who they claim to be is one of the big challenges for payments providers as eCommerce sales surge. To “advance its identity verification efforts,” Mastercard will acquire identity verification firm Ekata for $850 million, the company announced in a Monday (April 19) press...
Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust. In other words, banks and financial institutions (FIs) have an obligation to make sure you are who you claim to...
Open banking regulations and proposals have progressed worldwide in recent months. Lawmakers in China, Singapore and Thailand, for example, have all either upgraded or recently introduced new laws surrounding the sharing of consumer information. Agencies in the U.S., such as the Consumer Financial Protection Bureau...
November 23, 2020
A recent report released by the United Nations found that 132 out of 194 countries have now introduced data protection regulations of some kind, all varying in terms of what type of information they protect and the severity of their restrictions. These regulations are being crafted in a world where consumers and businesses are now […]
November 13, 2020
The end of the year marks the deadline for European migration to strong customer authentication (SCA), a 15-month extension from the original deadline. But the change, originally mandated by the...
October 30, 2020
More consumers are turning to digital channels to make daily purchases as the pandemic continues. Emerging data privacy and open banking rules meant to regulate these digital transactions are thus...
September 28, 2020
Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and...
October 05, 2022
Fraud detection and prevention powered by machine learning (ML) platform Ravelin is partnering with global payments giant Mastercard to deliver an enhanced solution that integrates digital identity verification capabilities to enable secure quick commerce. Ravelin will tap Ekata to verify digital identities and Ethoca to analyze real-time fraud insights with the aim of helping merchants streamline the validation of a consumer’s […]
November 02, 2021
Mastercard-owned eCommerce verification platform Ekata on Tuesday (Nov. 2) announced it has teamed with Singapore’s Advance.ai on a suite of B2B digital identity offerings and risk prevention solutions for customers...
April 19, 2021
Proving that customers are who they claim to be is one of the big challenges for payments providers as eCommerce sales surge. To “advance its identity verification efforts,” Mastercard will acquire...
June 12, 2019
Whitepages Pro has announced that it is spinning off its B2B business from the U.S.-focused direct-to-consumer operations of Whitepages.com, and is changing its name to Ekata. The company explained that...
