ID me Announces 275 Million Financing from Ares Management

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ID.me’s digital wallet is a digital identity verification platform that allows users to securely store and manage their digital identities. The platform is designed to provide a seamless user experience, making it easy for users to verify their identities and access their digital identities.

What is ID.me?

This level of assurance is the highest level of identity verification available in the US.

What is ID.me? ID.me is a digital wallet that provides a secure and convenient way to verify one’s identity online, in-person, or through video chat. It is the only digital wallet that meets the federal government standards for secure login and multi-factor authentication. ### Key Features of ID.me

  • Secure Login: ID.me uses advanced security protocols to ensure that users’ login credentials are protected from unauthorized access. Multi-Factor Authentication: ID.me offers a range of multi-factor authentication options, including biometric authentication, to provide an additional layer of security.

    ID.me is a digital identity platform that provides a secure and seamless way for individuals to prove their identity and access digital services.

    What is ID.me? It is a category and thought leader in the digital identity space, providing a secure and seamless way for individuals to authenticate their identities. ### Key Features of ID.me

  • Secure Authentication: ID.me uses advanced security protocols to ensure that user identities are protected and secure. Seamless User Experience: ID.me provides a seamless and intuitive user experience, making it easy for individuals to authenticate their identities and access digital services. Compliance with Regulations: ID.me is compliant with various regulations, including GDPR and CCPA, ensuring that user data is protected and secure. ## Benefits of Using ID.me**

    • Benefits of Using ID.me

    Using ID.me provides several benefits, including:

  • Increased Security: ID.me’s advanced security protocols ensure that user identities are protected and secure. Improved User Experience: ID.me’s seamless and intuitive user experience makes it easy for individuals to authenticate their identities and access digital services. Compliance with Regulations: ID.me’s compliance with regulations ensures that user data is protected and secure. ## How ID.me Works**

    • How ID.me Works

    ID.me works by providing a secure and seamless way for individuals to prove their identity and access digital services. Here’s an overview of the process:

  • Registration: Individuals register for an ID.me account, providing required personal and demographic information. Verification: ID.me verifies the individual’s identity through a secure and seamless process.

    ID.me is the most widely used digital identity wallet in the United States.

    The Problem of Identity Verification

    Identity verification has become a significant challenge in the digital age. With the rise of online transactions, social media, and e-commerce, individuals are required to provide their personal information to various websites and services. However, this has led to a plethora of security risks, including phishing scams, identity theft, and data breaches. The average person is targeted by a phishing scam every 12 seconds. Identity theft is a leading cause of financial loss for individuals in the United States. Data breaches can result in sensitive information being compromised, including social security numbers, credit card numbers, and medical records.

    The Solution: ID.me

    ID.me is a digital identity wallet that simplifies the process of identity verification online. It uses advanced biometric authentication, such as facial recognition and fingerprint scanning, to verify an individual’s identity. ID.me also uses machine learning algorithms to detect and prevent phishing scams.

    Key Features of ID.me

  • Advanced Biometric Authentication: ID.me uses advanced biometric authentication methods, such as facial recognition and fingerprint scanning, to verify an individual’s identity. Machine Learning Algorithms: ID.me uses machine learning algorithms to detect and prevent phishing scams. Secure Storage: ID.me stores sensitive information securely, using advanced encryption methods to protect against data breaches. * Streamlined Login: ID.me simplifies the login process, allowing individuals to access multiple websites and services with a single login. ## Success Stories**

    • Success Stories

    ID.me has been successfully implemented at 19 federal agencies, 44 state government agencies, and 66 healthcare organizations.

    This represents a significant increase from the $342 billion in assets under management as of September 30, 2023.

    Ares Management Corporation’s History and Evolution

    Ares Management Corporation was founded in 1997 by KKR and Oaktree Capital Management. The company’s early success was driven by its ability to identify and capitalize on opportunities in the distressed debt market. Over the years, Ares has expanded its investment focus to include private equity, real assets, and credit. Key milestones in Ares’ history include:

    • 2001: Ares raises $5 billion in its initial public offering (IPO)
    • 2005: Ares acquires its first private equity fund
    • 2010: Ares launches its real assets platform
    • 2015: Ares acquires Oaktree Capital Management

      • Ares Management Corporation’s Investment Focus

      Ares Management Corporation’s investment focus is diverse and expansive.

      SOURCE ID.me, Inc.

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