Stories
Slash Boxes
Comments

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 16 submissions in the queue.

Submission Preview

Link to Story

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].


Original Submission