Ipsidy to Provide On The Fly POS With its Identify Fraud Prevention Services

Ipsidy Inc (OTCQB:IDTY) CEO Phil Kumnick tells Proactive it will deploy passwordless login and transaction authorization for On The Fly POS, a US provider of cloud-based payment solutions. Kumnick says On The Fly POS, a subsidiary of The POS Lab, chose Ipsidy’s IDaaS platform to enhance the security and operational efficiency of its merchant point-of-sale platform and its Electronic Merchant Gateway (EMG). Proof by Ipsidy will help On The Fly POS and its EMG combat identity fraud during merchant onboarding.