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Facebook Acquires Biometric ID Startup

Accepted submission by takyon at 2018-01-26 13:41:59
Techonomics

Facebook buys Boston software company that authenticates IDs [reuters.com]

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 [techcrunch.com].


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