OneID secures $1.3M in fresh funding to expand bank-verified digital ID services

UK-based digital ID verification firm OneID has obtained £1 million (US$1.3M) in new funding from ACF Investors, a venture capital fund, to enhance its online authentication solution so as to better fight identity fraud.

According to an announcement, the funds will be channelled into developing the company’s products and support its mission of helping people easily and securely identify themselves online, especially at time when there is said to be growing interest in the bank-verified digital ID market.

“The investment …

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