Acquisition, investment in biometrics add layers for financial services compliance | Biometric Update

▤ Summary

SmartSearch has acquired Credas to expand its identity verification and anti-money laundering product set for regulated markets. The deal combines ID document checks, selfie biometrics, and digital wallet capabilities to strengthen compliance onboarding. In a separate move, OneSpan invested in ThreatFabric and partnered with it to add behavioral biometrics and mobile threat intelligence to fraud prevention offerings. Both deals point to continued consolidation and product layering in financial services security and compliance software.

▦ Linked Companies

Iress

$250M to $500M