Incode Technologies acquired Israeli startup Identiq Protocol Ltd. Deal terms undisclosed; centerpiece of $100M privacy-preserving identity bet.
Identiq solves anti-fraud data pooling problem: institutions can confirm repeat fraudsters across network without exposing customer records. No central data lake.
Incode founded 2015 with “hold less user data” thesis. Certifications: SOC 2 Type 2, ISO/IEC 27001, FedRAMP Moderate, Kantara IAL2.
AI-driven verification replaces human reviewers; on-device biometrics for age verification keep data on user device.