About a-team Marketing Services

A-Team Insight Blogs

Entrust in Talks to Acquire AI-Powered Identity Verification Specialist Onfido

Subscribe to our newsletter

Entrust, a provider of trusted identities, payments, and data security, is in exclusive discussions to acquire London-based Onfido, a provider of cloud-based, AI-powered identity verification (IDV) technology. If the acquisition completes, Entrust would add a compliant AI/ML-based biometric and document IDV tech stack to its portfolio of identity solutions. It would also have an opportunity to advance the use of biometric-based, highly phishing-resistant authentication in high-value transactions and signing events.

“With the emergence of AI-based attacks, the identity verification game has changed,” says Todd Wilkinson, president and CEO at Entrust. “Deepfakes and synthetic identity are driving a global need for a powerful level of identity assurance that facilitates digital journeys. Authentication using biometric-based, AI-driven identity verification will be critical to ensuring security, privacy, and trust in high-value digital-first interactions. Onfido IDV solutions have proven their value in Europe’s high-compliance environment.”

Founded in 2012, Onfido makes it relatively easy for people to access services through digital verification. The company has more than 500 employees and over 1,200 customers globally including leading financial institutions.

Any agreement on the acquisition remains subject to regulatory approval and other steps required in accordance with applicable laws.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Hearing from the Experts: AI Governance Best Practices

9 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical...

BLOG

APAC Data Management Leaders Revealed in Inaugural A-Team Insight Awards Introduction

A-Team Group is pleased to announce the winners of the inaugural Capital Markets Technology APAC Awards 2025. These awards celebrate the technology providers and financial institutions at the forefront of innovation across the Asia Pacific region. Coinciding with the announcement, we have also launched our comprehensive annual report, “The State of Capital Markets Technology in...

EVENT

Data Management Summit New York City

Now in its 15th year the Data Management Summit NYC brings together the North American data management community to explore how data strategy is evolving to drive business outcomes and speed to market in changing times.

GUIDE

Enterprise Data Management

The current financial crisis has highlighted that financial institutions do not have a sufficient handle on their data and has prompted many of these institutions to re-evaluate their approaches to data management. Moreover, the increased regulatory scrutiny of the financial services community during the past year has meant that data management has become a key...