M&A
confidence high
sentiment positive
materiality 0.70
Aware acquires Fortress Identity to expand eKYC and biometric verification offerings
AWARE INC /MA/
- Acquisition announced December 22, 2021; financial terms not disclosed.
- Fortress Identity provides digital ID verification and biometric authentication via its cloud-native FortressID platform.
- FortressID supports AML, CTF, and PEP compliance checks for secure onboarding and risk management.
- Deal enhances Aware's SaaS model and strengthens foothold in North America, Latin America, and Europe.
- Combined suite covers identity proofing, verification, and authentication to combat fraud.