Incode completed acquisition of Identiq (June 25, 2026) as part of $100M commitment to privacy-preserving identity infrastructure. Identiq’s patented cryptographic technology enables peer-to-peer fraud signal sharing without exposing customer data — no central data lakes or data brokerage.
Incode’s third acquisition in two years (after MetaMap and AuthenticID). Funds target on-device processing, privacy-enhancing R&D, engineering expansion.
Three privacy pillars: AI-first verification limiting human biometric access, on-device biometric processing, and collaboration without exposure via Identiq network intelligence.
Identiq invested ~$50M over nearly a decade building patented peer-to-peer anti-fraud collaboration technology.