Overview

• The companies say the integration will create an AI-first identity platform aimed at detecting real-time spoofing, synthetic voices and faces, and autonomous-agent abuse.
• Client coverage cited by the firms includes eight of the 10 largest U.S. banks, eight leading North American telecoms, four of the five biggest Latin American banks, and major global neobanks.
• Incode reports Mexico suffered losses above 20 billion pesos from AI-enabled cyberfraud in 2024 and says account-opening fraud linked to GenAI deepfakes jumped 300% year over year.
• The buyer projects the deal will reinforce roughly 80% organic annual growth and tap a digital-identity market estimated near $116 billion by 2027.
• Cross-border expansion underscores data-privacy and regulatory obligations, with Mexico’s CNBV and Banxico running eID and biometric pilots that influence implementation.