Experian, the global data and technology giant, has announced the acquisition of KYC360, a UK-based provider of Customer Lifecycle Management (CLM) and compliance technology. The deal strengthens Experian’s position in the ongoing fight against fraud and financial crime — an area under increasing regulatory and technological pressure.
As Buy Now, Pay Later (BNPL) continues to explode in popularity among U.S. consumers, Equifax and Qlarifi are stepping in to address a major blind spot for lenders: the lack of real-time visibility into short-term, point-of-sale borrowing behavior. The two companies announced a joint industry study that could reshape how BNPL activity is factored into credit risk assessments and fraud prevention strategies.
In a strategic step toward frictionless fraud prevention, Experian today announced the integration of Mastercard’s Identity Insights into its Ascend Platform™, bringing advanced identity verification and fraud protection to more than 1,800 clients globally.
