Mastercard announced the acquisition of Ekata for $850 million. Ekata’s identity verification data, machine learning technology and global experience combined with Mastercard’s fraud prevention and digital identity programs will help businesses confidently know who their customers are and, in turn, help those customers safely interact online. Mastercard does not expect this acquisition to be dilutive to its business for greater than 24 months. The combined capabilities across digital-first, installment and crypto payment services will help to enable greater choice and functionality, with the potential to expand further to real-time payments.
Source: https://www.helpnetsecurity.com/2021/04/21/mastercard-ekata/