Capital One positions AirKey as industry authentication standard
Capital One signaled an acquisition thesis in Product platform expansion on October 9, 2024.
- Primary
- Capital One
- Structure
- Product platform expansion
- Date
- October 9, 2024
- Sub-sector
- Identity / Fraud
Capital One is offering its AirKey authentication technology to other banks to build an industry standard, positioning itself to compete with Apple Pay and Google Pay while leveraging its $35B Discover acquisition.
Source: americanbanker.com