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Synopsis
Onfido, an automated identity verification company, completed the acquisition of Airside Mobile, a private, digital identity sharing technology provider. Financial terms were not disclosed. “Until now identity verification has digitized physical processes, but those processes haven’t changed. We’re still handing our identity over to be checked every time we access a new service. This partnership will change that — giving users control and organizations greater confidence in who their customers are. We plan to take Airside’s proven approach to the airline industry and apply it to other sectors requiring high customer assurance, such as financial services — providing a single, trusted view of each customer’s identity,” Mike Tuchen, Onfido CEO.
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