On November 28th the credit reporting bureau and global information services company Experian agreed to acquire the identity verification and fraud screening company 192business for an undisclosed price. The acquisition is still subject to approval by the UK’s Office of Fair Trading.
192business is the leading identity verification provider in the UK with more 1,000 organizations using their ID verification services. Experian offers identity authentication, knowledge bases assessments and other identity and fraud prevention services. Experian stated that this acquisition will form part of their Decision Analytics business line and they will expand their range of identity verification and fraud prevention services.