Trust is the key ingredient to conducting digital commerce. Central to creating trust in a digital world is the ability to prove your digital identity – who you are, whether you are interacting in person, online or in app.
Mastercard took steps to advance its identity verification efforts with the acquisition of Ekata for $850 million.
Digital identity is a foundational part of Mastercard’s multi-layered approach to security. In 2019, the company introduced a new framework on how digital interactions should evolve, as well as how digital identity will build trust, collaboration and economic growth.
That framework is now in use across a number of sectors, from education to travel to healthcare.
Ekata works with a wide range of global merchants, financial institutions, travel companies, mark ..
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