Facebook buys Boston software company that authenticates IDs
Facebook Inc is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on Tuesday, a step that may help the social media company learn more about the people who buy ads on its network.
[...] Boston-based Confirm Inc, which is privately held, said on its website that the acquisition was the culmination of three years of work to build technology to keep people safe online. [...] Confirm says that its software allows for proof of identity for online transactions, allowing users to detect potentially fraudulent activity.
Also at TechCrunch.
(Score: 1, Informative) by Anonymous Coward on Friday January 26 2018, @10:29PM
I would look at what's happening in China - the massive market that everyone wants in on.
Cash is already pretty much dead in China as the country lives the future with mobile pay [cnbc.com]
Wouldn't Failbook love to get a slice of that pie...