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Synopsis
MTX Group, a global technology consulting firm, completed the acquisition of VerifyID.ai, an AI-based digital identity verification platform designed for the public sector. Financial terms were not disclosed. "This acquisition marks another strategic step in our mission to help governments and enterprises modernize with trust and transparency. Identity is central to every digital interaction. VerifyID.ai's advanced AI and decentralized architecture will allow us to reimagine how public sector agencies verify and protect identities — securely, ethically, and at scale," Das Nobel, MTX Group Founder and CEO.
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