Whitepages Pro Spins Off and Becomes Ekata
Ekata’s Digital Identity Verification APIs Improve Predictability of Good Transactions
SEATTLE, June 12, 2019 (GLOBE NEWSWIRE) -- Whitepages Pro, the leader in global digital identity verification data, today announced that it is spinning off its B2B business from the US-focused direct-to-consumer operations of Whitepages.com. Whitepages Pro will change its name to Ekata to better differentiate the company’s global B2B APIs and SaaS tool that serve the growing worldwide need for identity verification, a market projected by McKinsey to reach $20 billion in 2022. To further these efforts, the business opened a new HQ for European operations earlier this year in Amsterdam, Netherlands. This second EU office will support sales, account management and marketing efforts in EMEA.
“Our new brand and independent operations reflect the integral role we play in helping many of the world’s biggest digital commerce businesses link a digital identity back to a human,” said Rob Eleveld, Ekata CEO. “Top brands, including Airbnb, Microsoft and Stripe leverage our identity verification product suite in their machine learning models, decisioning platforms, and for their manual review teams to approve good transactions, reduce customer friction, and catch fraud. Our additional European presence is built to serve the needs of the European markets, as well as other North American businesses expanding their global reach.”
Ekata’s solutions help businesses grow and scale revenue by maximizing the predictability of good transactions. From pre-authorization payment models through to manual review, the Ekata identity verification product suite is powered by Ekata Identity Engine (EIE), the first and only cross-border identity data engine of its kind.
Ekata’s industry leading approach of a single global endpoint is the new standard in true cross-border identity verification. It is trusted by ten of the largest U.S. online retailers, the top three global online travel and hospitality sites, two major credit card brands, top five fraud platforms, and many more.
Customers can select from Ekata’s powerful APIs for models and decisioning platforms or Pro Insight, a SaaS solution for manual review, all powered by Ekata’s Identity Engine that delivers performance that can meet the most demanding requirements, including identity data in under 100 milliseconds (ms) to improve machine learning (ML) model performance.
The EIE, which powers the identity verification suite, includes Ekata’s:
Proprietary network – Monitors linkages and associations across billions of data elements to identify real-time predictable patterns that correspond to the behavior of genuine customers versus those of fraudulent actors. Transaction queries are analyzed through complex machine learning algorithms that derive unique velocity, popularity, and volatility features to improve product performance by maximizing predictive lift.
Global graph – Houses more than 8 billion identity links that provide unparalleled global coverage and accuracy. From more than 50 authoritative sources, Ekata uses sophisticated data science to curate and corroborate the links between email, phone, name (person or business), physical address and IP to connect digital and physical identity attributes together.
The Connective IGA stack – Delivers the most predictive attributes to customers in less than 100ms. Leverages proprietary ingestion, generation and acceleration (IGA) processes to enable a single global endpoint and improve the speed and quality of responses.
Customers in Europe interested in learning how to grow and scale revenue by maximizing their ability to predict good transactions, can contact the Ekata team in Amsterdam at +31 20 240 34 50 and email@example.com. Additional country contacts can be found on the company’s website.
Whitepages, Inc., founded by Alex Algard, has offered consumer and business solutions for digital contact and identity data for more than 25 years. Both Whitepages.com and Ekata will maintain their Seattle headquarters as they each focus on building the next-generation of solutions for their respective consumer and business audiences.
Ekata (formerly Whitepages Pro) provides global identity verification solutions via enterprise-grade APIs for automated decisioning, and Pro Insight, a SaaS solution for manual review for cross-border businesses to grow revenue by maximizing their predictability of good transactions. Our product suite is powered by the Ekata Identity Engine (EIE), the first and only cross-border identity verification engine of its kind. It uses complex machine learning algorithms across the five core consumer attributes of email, phone, name (person or business), physical address, and IP, to derive unique links and features from billions of real-time transactions within our proprietary network and the data we license from a broad spectrum of global providers. Businesses around the world including Alipay, Microsoft, Stripe, and Airbnb leverage our product suite to increase approvals of more good transactions, reduce customer friction, and find fraud.
Ekata is a trademark of Whitepages, Inc. All other trade names, trademarks and registered trademarks are the property of their respective owners.
Ekata Media Contact:
Lindsay Stril, Voxus PR
One Liberty Plaza - 165 Broadway
NY 10006 New York
GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire
Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire
Schibsted ASA (SCHA/SCHB) - Invitation to the presentation of Q3 2019 Results18.10.2019 08:30:00 CEST | Press release
We hereby invite you to participate at the presentation of the Q3 2019 reports of Schibsted Media Group on 25 October 2019 Quarterly Earnings Release Time: 25 October 2019 at 07.00 CET Interim report, presentation materials, and spreadsheet with key figures and analytical information will be made available on the investor relations pages at https://www.schibsted.com/ir/. Results Presentation Time: October 2019 at 09.00 CET Location: Schibsted’s premises in Akersgata 55, Oslo, Norway. The presentation will be webcasted live at https://www.schibsted.com/ir/. It will be presented in English. Participants can send in written questions through the webcast player. CEO Kristin Skogen Lund and EVP CFO Trond Berger will present. A recording of the presentation will be available on our web site shortly after the live webcast has ended. Conference call for investors and analysts - Q&A session Time: 25 October 2019 at 14.00 CET Questions relating to the results will be answered in a conference cal
Hofseth Biocare ASA: ENTERS INTO A CONSULTANCY AGREEMENT WITH JAMES BERGER – CONTEMPLATED US LISTING18.10.2019 08:05:00 CEST | Press release
Hofseth BioCare ASA ("HBC") has today entered into a consultancy agreement with James Berger (through his company Nevera AG). Mr. Berger is a dual British and Italian citizen currently residing in Switzerland who has previously worked as an investment banker with Goldman Sachs International (London), JP Morgan (London), MAN Investments PLC and Millennium Capital Management LLC. He has a broad network with the largest investment banks and institutional investors in Europe and globally. Mr. Berger has already successfully assisted HBC with its oversubscribed private placement of NOK 118 million that was directed towards international private investors and institutional funds. He has recently also facilitated the sale of additional shares in HBC from certain existing shareholders to new international investors. Under the consultancy agreement, Mr. Berger will assist HBC with certain intermediary services, in establishing a wider base of international investors. Mr. Berger and HBC believe
Yara announces share buy-backs18.10.2019 08:02:00 CEST | Press release
Oslo, 18 October 2019: Yara International ASA plans to buy back 0.5% of its outstanding shares by the end of 2019. Including the proportional redemption of shares owned by the Norwegian state, the total buyback and redemption will amount to approximately 0.8% of shares outstanding, equivalent to approximately NOK 800 million at today’s share price. Yara's targeted capital structure is a mid- to long-term Net debt/EBITDA range of 1.5-2.0 and a net debt/equity ratio below 0.60. Subject to these requirements, Yara's ordinary dividend shall be 50% of net income. Shareholder returns are distributed primarily as cash, with share buy-backs as a supplemental lever. Yara’s net debt/EBITDA as of 30 September 2019 would be close to 2.0 including the full effect of the announced buyback. The buy-backs are part of a program authorized by the Annual General meeting held 7 May 2019, which authorized Yara to buy back up to 5% (13,620,131 shares) of its share capital before its 2020 Annual General Meet
Yara med høyere resultat, operasjonell og kommersiell forbedring18.10.2019 08:00:00 CEST | Pressemelding
Oslo, 18. oktober 2019: Nettoresultat etter minoritetsinteresser for tredje kvartal var på USD 74 millioner (USD 0,27 per aksje), mot USD 98 millioner (USD 0,36 per aksje) for samme periode i fjor. Korrigert for valutaeffekter og spesielle poster var resultatet på USD 0,94 per aksje, mot USD 0,50 per aksje i tredje kvartal 2018. EBITDA eksklusive spesielle poster for tredje kvartal var på USD 630 millioner, opp fra USD 402 millioner ett år tidligere, og reflekterer høyere nitrogen oppgraderingsmarginer og sterke premium-leveranser. «Yara leverer betydelig bedre resultater i andre kvartal, med EBITDA eksklusive spesielle poster og IFRS 16 opp 49 %. Resultatet reflekterer lavere energikostnader, høyere produksjon og sterke premium-leveranser» sier Svein Tore Holsether, konsernsjef i Yara. «Jeg er fornøyd med at vi leverer resultatforbedring innen alle forretningsområder, med sterkest økning i New Business. Yaras avkastning fortsetter å øke, og hovedprioriteten fremover vil fortsatt være
Yara reports higher results, delivering operational and commercial improvement18.10.2019 08:00:00 CEST | Press release
Oslo, 18 October 2019: Third-quarter net income after non-controlling interests was USD 74 million (USD 0.27 per share), compared with USD 98 million (USD 0.36 per share) a year earlier. Excluding currency effects and special items, the result was USD 0.94 per share compared with USD 0.50 per share in third quarter 2018 . Third-quarter EBITDA excluding special items was USD 630 million, up from USD 402 million a year earlier, mainly reflecting higher nitrogen upgrading margins and strong premium product deliveries. “Yara delivers significantly improved results in third quarter, with EBITDA excluding special items and IFRS 16 up 49%. The results reflect lower energy cost, higher production and strong premium product deliveries,” said Svein Tore Holsether, President and Chief Executive Officer of Yara. "I am pleased to see our results improve within all business segments, with the strongest increase in New Business. Our return on capital continues its positive trend, and our main priorit
SBM Offshore successful bidder for partner’s minority ownership in SBM Offshore operated FPSO companies18.10.2019 07:30:00 CEST | Press release
October 18, 2019 Further to the announcement dated September 30, 2019 confirming its participation in the public sale auction of the equity ownership of Serviços de Petróleo Constellation S.A. (“Constellation”) in the lease and operating companies related to five Brazilian FPSOs (“the entities”), SBM Offshore confirms it has been formally designated as the successful bidder. Completion of the transaction remains subject to various conditions precedent, including consent from client Petrobras and approval by the local antitrust authority CADE (“Conselho Administrativo de Defesa Econômica”). The total consideration for the equity ownership, excluding associated non-recourse project debt, is c. US$150 million. The transaction includes the minority stake held by affiliated companies of Constellation in the entities related to the following five FPSOs (with Constellation’s ownership percentage in brackets): Cidade de Paraty (20%), Cidade de Ilhabela (12.75%), Cidade de Marica (5%), Cidade d