MTX Group has acquired VerifyID.ai, an AI-powered platform specializing in digital identity verification. VerifyID.ai’s technology combines facial recognition, deepfake detection, decentralized identity, and passwordless authentication, aligning with NIST 800-63A standards to enable secure, ethical, and scalable identity verification. The strategic acquisition strengthens MTX’s global position in trusted digital identity solutions, expanding its ability to deliver privacy-focused, AI-driven authentication for governments and enterprises worldwide.
MTX Group Acquires VerifyID.ai to Strengthen Digital Identity Capabilities for Public Sector