Equifax to acquire AI fraud prevention specialist Kount

Monday 11 January 2021 | 09:42 CET | News
US-based credit-reporting firm Equifax said it entered a definitive agreement to acquire Kount, a US-based provider of AI-driven fraud prevention and digital identity products for e-commerce retailers, for USD 640 million. Kount said its employees will continue to be based in Boise, Idaho, and will report to Equifax's US information-products unit. Kount's software helps retailers catch fraudsters as well as stop hackers from taking over customer accounts. 

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Categories: Internet / IT
Companies: Equifax
Countries: United States / World
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