The new cloud service, dubbed PingOne Verify, promises its customers "a fast and secure way to verify identity while reducing fraud" for rapid account onboarding, authentication and fraud prevention.
Cloud security firm Ping Identity has acquired San Francisco-based mobile digital identity management solutions company ShoCard.
Ping Identity helps Mortgage Choice deliver "enterprise-grade security to franchisees across Australia" while the company reports a 65% cost reduction with the deployment of the Ping Intelligent Identity Platform.