Entrust Enters Exclusive Discussions to Acquire AI/ML-Powered Identity Verification Leader Onfido

MINNEAPOLIS--(BUSINESS WIRE)--Entrust, a global leader in trusted payments, identities, and data security, today announced that it has entered into exclusive discussions to acquire London-based Onfido, a global leader in cloud-based, AI-powered identity verification (IDV) technology. With this contemplated acquisition, Entrust would add a market-leading, compliant AI/ML-based biometric and document IDV tech stack to its portfolio of identity solutions. Additionally, Entrust would have the oppor