UK-based identity management specialist GBG has agreed to acquire identity verification services provider IDology, in a cash deal worth $300m. The acquisition will see the company expand its existing business into new markets and provide more than one million customers with enhanced security for their personal information. fraud detection is expected to strategically complement GBG's existing global solutions.
UK-based identity management specialist GBG has agreed to acquire identity verification services provider IDology, in a cash deal worth $300m. The US firm's ExpectID product range, which enables frictionless customer onboarding and supports fraud detection is expected to strategically complement GBG's existing global solutions.