FinTech news in identity category

The ambition over time is to be able to handle all of the data you would need to apply for something like an apartment and remove all of the friction involved in the current paper-based systems most companies are still using, while allowing users to share their Footprint data with any trusted partners.

According to Mack, Middesk allows service providers to form a picture of their customers and offer products they might need to establish, operate, and maintain their businesses.

A few months after raising $1 billion, payments startup Checkout.com has announced that it plans to acquire French startup Ubble, which operates a remote identity verification service. When looking at digital identity verification startups, Checkout.com had a few criteria, such as accuracy, speed of decision, how many types of different frauds they can detect and how sophisticated it is. Following this acquisition, there could be some customers that start their relationship with Checkout.com through identity verification.