Capital One has bolstered its efforts to combat online fraud and identity theft by acquiring digital identity start-up Andrew Nash. The bank plans to use Andrew Nash's technology to speed up and scale the consumer identity services it is developing to protect consumers and reduce fraud. Andrew Nash CEO Confyrm, who brings a wealth of previous experience from roles at Google and PayPal. will come on board as Managing Vice President of Consumer Identity Services. There is no indication of how close Andrew Nash was to bringing a product to market.
Capital One has bolstered its efforts to combat online fraud and identity theft by acquiring digital identity start-up Confyrm. The bank plans to use Confyrm's technology to speed up and scale the consumer identity services it is developing to protect consumers and reduce fraud. Confyrm CEO Andrew Nash, who brings a wealth of previous experience from roles at Google and PayPal. will come on board as Managing Vice President of Consumer Identity Services. There is no indication of how close Confyrm was to bringing a product to market.