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Ekata
Overview
Ekata, founded in 1997 and based in the United States, operates within the Business Services industry, specifically focusing on custom software and IT services as well as finance. The company employs between 201 and 500 staff members and has reported revenue of approximately $24.65 million. Ekata's expertise is highlighted in its involvement with digital identity verification solutions, as evidenced by its collaboration with Mastercard Identity in a case study featuring Karta, a digital gift card provider. The case study outlines Karta's efforts to enhance payment workflows and reduce transaction rejections and fraud through the implementation of Mastercard's transaction risk solution. This approach included analyzing sales data and conducting tests to identify fraudulent activities and abuse of terms and conditions. The results demonstrated significant improvements in Karta's payment processes, showcasing Ekata's role in facilitating secure and efficient payment solutions in the e-commerce sector. The company continues to focus on identity verification and fraud prevention as key components of its service offerings.