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Stock impact report

Experian Acquires KYC360 to Boost Fraud and Financial Crime Solutions in the UK

EXPERIAN PLC S/ADR (EXPGY) 
NASDAQ:AMEX Investor Relations: experianplc.com/investors
Company Research Source: Business Wire
Acquisition of KYC360 will bring together compliance expertise and cutting-edge financial crime innovation LONDON--(BUSINESS WIRE)--Experian, the global data and technology company, has today announced the acquisition of KYC360 in the UK and Ireland, which will significantly enhance its fraud and financial crime compliance capabilities.Know Your Customer (KYC) and Know Your Business (KYB) are foundational pillars of financial crime prevention, requiring organisations to continuously verify and update customer and business information throughout the lifecycle. KYC360’s suite of Customer Lifecycle Management (CLM) solutions will support these critical processes allowing clients to onboard, screen and perpetually maintain data across the entire customer base.These capabilities will be fully integrated into Experian’s Ascend platform and made available from next year. With KYC360 seamlessly integrated into Experian, clients will benefit from optimised compliance, faster onboarding and Show less Read more
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