- Analytics
- News and Tools
- Market News
- American Express (AXP) acquired InAuth Inc., a leading provider of identification solutions for mobile devices
American Express (AXP) acquired InAuth Inc., a leading provider of identification solutions for mobile devices
According to Business Wire, in the strategy to combat fraud American Express announced the acquisition of InAuth Inc., a leading provider of identification solutions for mobile devices, as well as intelligent solutions. InAuth technology uses some of the largest financial institutions, banks, payment processors and traders in order to reduce risks and to identify potential frauds using mobile devices.
Financial details were not disclosed.
As noted by American Express, buying InAuth complement and reinforce the company's capabilities in the field of analytical data processing and fraud prevention, which allowed it to reach its lowest level of fraud in the industry.
AXP shares close at $ 72.03 (+ 0.24%).
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
