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Accel-KKR Completes Acquisition of Accertify from American Express
Last american express company earnings: 4/24 07:00 am
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US:NYSE Investor Relations: ir.americanexpress.com
Strategic Move Positions Accertify for Accelerated Growth and Innovation in Fraud Prevention SpaceMENLO PARK, Calif. and ITASCA, Ill., May 2, 2024 /PRNewswire/ -- Accel-KKR, a technology-focused private equity firm, today announced the successful carveout acquisition of Accertify from American Express (NYSE: AXP). As a standalone private company, Accertify will embark on a focused strategy to accelerate growth and product innovation in the global fraud protection technology market.Accertify is a leading provider of fraud prevention, chargeback management, account protection, and payment gateway solutions. Accertify's advanced technologies help enterprises around the world prevent fraudulent transactions while helping their risk teams increase operational efficiency and improve overall revenue. Accertify customers include 40% of the Top 100 retailers, major global travel & hospitality companies, and financial service enterprises."This is the dawn of a new day for Accertify. With Accel-
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