Incode Acquires AuthenticID
We’re thrilled to announce that Incode has acquired AuthenticID, bringing together two leaders in digital identity to form a global AI powerhouse built for the next era of secure, scalable IDV—a market projected to grow to $116 billion by 2027.
This deal unites Incode’s cutting-edge AI-driven solutions with AuthenticID’s deep enterprise expertise, delivering a powerful and unified approach to combating rapidly evolving, AI-powered fraud.
Together, we’re redefining how businesses and individuals connect safely, confidently, and seamlessly in a digital-first world. The acquisition is expected to accelerate our 80% year-on-year organic growth rate and further solidify Incode’s leadership position in the market.
Complementary Strengths Elevate Customer Value
This acquisition marks a watershed moment for Incode to help more customers eliminate fraud while maximizing growth, at scale.
Incode’s proprietary AI innovations—including advanced neural networks and large visual language models trained to detect and prevent identity fraud in real time—lead the industry in accuracy, adaptability, and speed.
AuthenticID adds deep expertise in regulated, high-volume environments, ensuring enterprise customers get not only best-in-class technology but also flawless professional services and implementation.
Hardening the Front Line Against AI-Powered Fraud
The combined entity will deliver innovative, proven technology solutions to combat the most advanced AI threats. These threats include GenAI toolkits that synthesize deepfakes—photoreal faces and voices—in real time, leading to a 300% YoY jump in account-opening fraud.
They also include a rise in AI agents entering production. Gartner predicts that over 25 % of all consumer interactions will be handled end‑to‑end by fully autonomous agents. Without trusted identity rails, those agents become prime targets for impersonation.
“In the age of synthetic fraud, AI impersonation, and Agentic AI, verifying human identity has become the foundation of digital trust. Together with AuthenticID, we’re hardening the front line against these threats, so every enterprise can trust every interaction,” said Ricardo Amper, Founder & CEO of Incode.
“As AI-driven fraud becomes more sophisticated, our clients need more than just point solutions – they need a holistic AI-first approach delivered by a true strategic partner,” said Reed Taussig, CEO of AuthenticID. “Incode’s vision and AI technology leadership, leveraging foundational vision models, enable us to deliver an identity orchestration platform that is fast, secure, and highly adaptive across our expanded customer base.”
A Global AI-First Identity Leader Built for What’s Next
This acquisition marks the creation of a new category-defining leader in AI-powered digital identity. Together, the combined company:
- Processed 4.1B+ identity checks in 2024
- Serves 8 of the largest 10 banks in the United States
- Protects 8 of the top 9 largest telecom companies in North America
- Works with 4 of the top 5 banks in Latin America
- Secures 3 of the top 3 global neobanks
- Defends hundreds of leaders in social media, ecommerce, transportation, and retail against fraud
With this move, Incode further solidifies its leadership position as the AI identity infrastructure powering the next decade of secure, scalable enterprise growth.
What This Means for Our Customers
Our clients will benefit from three key advantages:
Advanced AI Innovations
Our joint platform offers AI-powered defenses like holistic fraud signal analysis, multi-modal intelligence, real-time personhood verification, and advanced deepfake detection, protecting businesses from the most sophisticated spoofing threats without compromising user experience.
Expanded Global Trust Network
By unifying data from hundreds of billions of identity signals, we’ve built a powerful, intelligent network that helps discern good users from bad, humans from bots, and legitimate behavior from fraud, drastically reducing false positives and enhancing trust at scale.
Best-in-Class Tech with Professional Implementation
Clients benefit from Incode’s advanced, AI-native platform paired with AuthenticID’s enterprise-proven deployment expertise, delivering not only innovative technology, but also reliable, scalable, and compliant execution.
With this move, Incode further solidifies its leadership position as the identity infrastructure powering the next decade of secure, scalable enterprise growth.
Sign up to our webinar to learn more about this strategic acquisition. Register here.