Acuant news and trends

Deep Dive: How Cryptocurrency Exchanges’ Onboarding Systems Can Weed Out Fraudsters
Authentication // July 06, 2021

Cryptocurrencies have surged in popularity and value over the past several years, with the cryptocurrency market valued at $1.6 billion in 2021 and projected to reach $2.2 billion by 2026. Various players in the field like bitcoin and ethereum have become household names, not only for their surging...

How Cryptocurrency Exchanges’ Onboarding Systems Can Weed Out Fraudsters
Authentication // July 05, 2021

Cryptocurrencies have surged in popularity and value over the past several years, with the crypto market valued at $1.6 billion in 2021 and projected to reach $2.2 billion by 2026. Various players in the field like bitcoin, ethereum and monero have become household names, not...

CEX.IO On Ensuring Secure User Authentication In Cryptocurrency Exchange Onboarding
Authentication // July 02, 2021

It’s getting hard to keep good fraudsters down as they are now turning to social engineering techniques to trick users and gain access to crypto accounts. In this month’s Digital Onboarding Tracker, Konstantin Anissimov, executive director of cryptocurrency exchange CEX.io, explains how exchanges are using...

Report: Crypto Exchanges Use Blockchain Tech To Boost Onboarding Security
Authentication // July 01, 2021

Cryptocurrencies have become a hot topic over the past several years, with the global blockchain market expected to hit approximately $23 billion by 2023 and the total market size for cryptocurrencies expected to hit more than $1 billion by 2026. This surging market is a...

Interviews & Exclusives
Digital IDs Build Anchors Of Trust Between FIs And All Consumers

June 04, 2021
Consumers understand that identity needs to be verified as part of any interaction with a financial system, whether due to regulatory compliance, business needs or part of the ongoing battle against fraudsters. But as Yossi Zekri, CEO of Acuant, told Karen Webster: “Consumers should be able to trust those to whom we give the keys […]

Machine Learning Helps FIs Identify Account Holders’ Fraudster Twins

May 28, 2021
Digital banking has become the new normal over the past year, with 71 percent of all financial institution (FI) customers now regularly banking online. Many of these customers have embraced...

Taking Friction Out Of Back-Office Digitization

April 09, 2021
Dramatic disruption often means dramatic response. For many organizations, the pandemic presented the sudden opportunity to fast-track modernization initiatives that had been put on the back burner for years. Not...

Acuant Teams With Microsoft On Secure ID Verification

April 08, 2021
Identity verification provider Acuant has partnered with Microsoft to support secure information exchange and identity verification on the Azure Active Directory (Azure AD), Acuant announced in a press release on...

Quick Reads
Digital Identity Firm GBG Acquires Acuant For $736M

November 19, 2021
The digital identity firm GBG has reached an agreement to acquire the identify verification provider Acuant in a cash-free, debt-free $736 million deal that brings together two leaders in the global digital identity sector.  “A long-time partner, Acuant has a product suite that is a natural complement to GBG’s existing US-based services from IDology,” the […]

Acuant Partners With Chainalysis On Risk Assessment For Blockchain

May 11, 2021
Global identity platform Acuant, which works for fraud prevention and anti-money laundering (AML) compliance, has partnered with Chainalysis, a blockchain analysis company, to boost risk assessment, automated workflows and safer...

Acuant Expands Identity Verification Platform With Hello Soda Acquisition

May 04, 2021
Identity verification provider Acuant has closed on its purchase of Hello Soda as part of its “continued investment and commitment to innovative technology,” according to a Tuesday (May 4) announcement emailed...

Mexican Neobank albo Integrates Acuant’s Trusted Identity Platform

March 23, 2021
Mexican neobank albo has integrated Acuant’s Trusted Identity Platform to offer a digital know your customer (KYC) experience for clients and to attain compliance with anti-money laundering (AML) rules set...