Mastercard to Acquire Ekata to Advance Digital Identity Efforts
Summary
They help their customers identify good consumers and businesses and bad actors in real-time during online account opening, payments and variety of other digital interactions. Becoming part of the Mastercard Identity family ensures a broader, collective approach to meeting the growing demands of the digital economy.” Ekata is headquartered in Seattle, with offices in Amsterdam, Singapore and Budapest. Together, Mastercard and Ekata will deliver a more comprehensive identity service that can power real-time decision-making needs, from new account openings to helping merchants assess potential fraud before a payment transaction is authorized. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Ekatas global suite of APIs and SaaS solutions help 2,000+ businesses and partners combat cyberfraud and enable an inclusive, frictionless experience in over 230 countries and territories.