Recently, the LTP team covered an official press release published by IDology (a fraud prevention and identity verification provider) which announced a strategic equity investment in Payfone, a leading network authentication provider. IDology provides real-time technology solutions that verify an individual’s identity and age to help drive revenue, decrease costs, prevent fraud and meet compliance regulations. The company integrated Payfone’s solution with their ExpectID Mobile Solution to reduce the risk associated with mobile devices and improve the mobile commerce experience.
The LTP team recently interviewed John Dancu, CEO at IDology, on the strategic investment in Payfone and the identity verification industry. Here is the transcript of the interview with John:
LTP: Could you please give us an overview of the company & the industry you are in and your experience?
John Dancu: We have been in the identity verification industry for over 10 years and have established a leading position in this space. Our customers include financial services organizations, retailers, pr ...