Ipsidy is a provider of secure, biometric identification, identity management and electronic transaction processing services. Ipsidy, formerly known as ID Global Solutions Corporation (“IDGS”), was incorporated as IDGS in Delaware on September 21, 2011, and changed its name to Ipsidy, Inc. on February 1, 2017. Our common stock is traded on the OTCQX under the trading symbol “IDTY”. With more than seventy employees, Ipsidy is headquartered in New York and has operating subsidiaries including MultiPay in Colombia www.multipay.com.co and Cards Plus in South Africa. www.cardsplus.co.za.
In a world that is increasingly digital and mobile, our vision is to provide pre-transaction verification of identity as well as embed identity verification within every electronic transaction message processed through our platform, or other electronic systems. Today it is essential that businesses and consumers know who is on the other side of an electronic transaction and have an audit trail, proving that the identity of the other party was duly verified.
Ipsidy’s identity transaction platform enables our customers to more easily authenticate their consumer’s identity to a mobile phone or portable device of their choosing, as opposed to other identity solutions requiring dedicated hardware. Our strategy is to leverage our identity transaction platform to support a variety of vertical markets, including but not limited to border security, public safety, public transportation, enterprise security, electronic payments transactions and financial services. Ipsidy aims to provide our customers, who operate in physical environments or within mobile ecosystems, with the next level of identity authentication and transaction security, control and certainty.