Home Merger & Acquisitions Early Warning Acquires Authentify and their Multi-Factor Authentication Technology
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Early Warning Acquires Authentify and their Multi-Factor Authentication Technology

Early Warning, the cooperative owned by five of the largest U.S. banks that provides risk management services to financial institutions and payment companies, announced their plans to acquire mobile-based authentication provider Authentify on April 7th while terms of the acquisition were not disclosed.

Authentify, which provides multi-factor authentication services primarily centered on mobile devices, was a natural fit for Early Warning as they have many financial institution clients that are increasingly seeing more account openings, other good business and fraud occur via mobile banking. Authentify provides services that are often used for performing additional authentication with online and mobile banking access, or even used to replace the use of username and password logins.

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