AI
Socure inks $136m deal to acquire AI-powered risk decisioning platform Effectiv
Deal Overview: Socure, a US digital identity verification and fraud prevention platform, will acquire San Francisco-based risk decisioning start-up Effectiv for $136 million.
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Banking
Capital One commercialises AirKey authentication technology for financial institutions
AirKey, a NFC-enabled authentication technology developed by Capital One, will now be commercially offered to other financial institutions.
The technology enables cardholders to...
AI
Mastercard puts down $2.65bn for AI-powered threat intelligence platform Recorded Future
Mastercard plans to acquire US-based threat intelligence platform Recorded Future for $2.65 billion.
The deal, with Insight Partners (which acquired Recorded Future in...
Banking
Visa prepares for 2025 launch of Visa A2A in UK
Visa A2A will launch in the UK in 2025, offering account-to-account (A2A) payments for greater consumer control and protection via bank transfers.
It...
Banking
Mastercard to pilot Payment Passkey Service in India
New Service Introduction: Mastercard is launching a pilot for its new Payment Passkey Service in India.
Participants: The pilot involves major online merchants...
Banking
US identity verification start-up IDPartner Systems to shut down
Company Overview: IDPartner Systems is a US-based provider of online identity verification tools, founded in 2021 and headquartered in San Francisco. The company...
AI
Mastercard set to lay off around 3% of global workforce
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees.
The layoffs are a result of organizational changes announced...
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