Mastercard Acquires Digital Identity Specialist Ekata for $850 Million

Mastercard Acquires Digital Identity Specialist Ekata for $850 Million

A solid identity verification regime is crucial to nearly any activity connected to eCommerce. In that spirit, Mastercard (NYSE: MA) has acquired a company that specializes in digital identity, Ekata. Ekata has developed a suite of software tools that guard against identity theft in a range of financial services interactions such as online bank account opening and online shopping.