As per the partnership, Acorns will integrate Veratads IDMatch+COMPLY plug-in identity verification and fraud prevention solution into their Apple and Android applications, allowing Acorns to verify a customers identity.
Veratad Technologies is a provider of both online/real-time and batch identity verification and knowledge-based authentication solutions for those who conduct business on the internet or any business that needs to verify an individual’s age or identity.
Acorns is a micro investing company, allowing people to round up purchases and automatically invest the change. The Acorns application and financial engine were built to help people micro invest into a portfolio of index funds offered by global asset managers.
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