Incode has acquired AuthenticID to mix AI-driven fraud detection with enterprise-scale experience, aiming to turn into a prime international id verification supplier.
The deal strengthens Incode’s defenses towards rising AI threats like deepfakes and artificial fraud.
Collectively, the businesses serve main banks, telecoms, and neobanks worldwide.
Id verification firm AuthenticID has been acquired by biometric id group Incode. The acquisition will convey collectively Incode’s AI options with AuthenticID’s enterprise experience to fight fraud. The quantity of the deal is undisclosed.
Incode mentioned that the acquisition will speed up its progress and place it as a pacesetter within the id authentication market. California-based Incode has seen an 80% year-on-year natural progress price, and with AuthenticID on board, the corporate goals to broaden its international attain and solidify its place as a top-tier supplier of end-to-end id verification options.
“Within the age of artificial fraud, AI impersonation, and Agentic AI, verifying human id has turn into the inspiration of digital belief. Along with AuthenticID, we’re hardening the entrance line towards these threats, so each enterprise can belief each interplay,” mentioned Incode Founder and CEO Ricardo Amper.
Based in 2015, Incode gives superior neural networks and enormous visible language fashions that assist detect and forestall id fraud in actual time. AuthenticID will add its experience in regulated environments that require a excessive quantity of verification.
Collectively, Incode and AuthenticID will strengthen defenses towards superior AI-driven threats, together with deepfakes, which have fueled a 300% year-over-year surge in account opening fraud, and AI brokers working with out id safeguards. Collectively, the 2 firms serve eight of the ten largest US banks, shield eight of the 9 largest telecom suppliers in North America, work with 4 of the highest 5 banks in Latin America, safe three main international neobanks, and safeguard lots of of organizations towards retail fraud.
AuthenticID was based in 2001 and gives id proofing, ID verification, biometric authentication, and fraud protect instruments to help the combat towards cybercrime. Moreover, the corporate’s Id Fraud Taskforce repeatedly develops new algorithms to enhance AuthenticID’s id decisioning engine to assist establish and cease fraud. Final June, the corporate launched a brand new answer to detect deepfake and generative AI injection assaults.
“As AI-driven fraud turns into extra refined, our shoppers want extra than simply level options—they want a holistic AI-first strategy delivered by a real strategic associate,” mentioned AuthenticID CEO Reed Taussig. “Incode’s imaginative and prescient and AI know-how management, leveraging foundational imaginative and prescient fashions, allow us to ship an id orchestration platform that’s quick, safe, and extremely adaptive throughout our expanded buyer base.”
In the present day’s deal is an effective instance of how id verification is a strategic pillar of digital belief. As AI-driven fraud accelerates and regulators tighten controls, monetary companies companies want companions that may mix velocity, accuracy, and flexibility at scale. By uniting Incode’s AI-first innovation with AuthenticID’s enterprise and regulatory experience, the acquisition indicators a future the place id is extra holistic.
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