Experian completes acquisition of 192business
Released on: March 05, 2012, 9:16 am
Experian, the global information services company, has
announced that it has completed the acquisition of 192business Limited,
a leading UK based provider of online identity verification services.
192business will form part of Experian's Decision Analytics business
The acquisition further enhances the range of identity verification and
fraud prevention services Experian is able to offer clients and strengthens its
position across a number of rapidly growing vertical markets in the UK.
It also provides a platform that Experian can use to deploy new services globally.
The services 192business provides are used by many of its customers internationally
and can be rapidly extended to new geographies.
Launched in 2002, 192business helps organisations to verify and manage the identity
of their customers online in order to minimise fraud and risk. Increasing
regulation, the rise in fraud globally, growth in e-commerce sales and the move from
traditional offline identity checks to online checks are all contributing to growth
in the identity verification market.
192business provides organisations with identity verification, including personal
data verification, fraud screening, online document verification and voice
verification. It services a wide range of sectors, such as e-commerce, insurance,
utilities, retail, finance and legal services, and has over 1,000 clients worldwide.
Clients include Halfords, The Money Shop, Panasonic, ScrewFix and PKR.com.
Gary Wood, UK& I managing director for Experian Decision Analytics, commented: "The
combination of 192business's technology and Experian's data and analytics will
help our clients in the UK and around the world to more effectively and efficiently
establish the identities of genuine customers. We look forward to working together
to drive greater innovation and insight for our clients."
Experian is the leading global information services company, providing data and
analytical tools to clients in more than 80 countries, including payment software. The company helps
businesses to manage credit risk, prevent fraud uk, target
marketing offers and automate decision making. Experian also helps individuals to
check their credit report and credit score, and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of
the FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2
billion. Experian employs approximately 15,000 people in 41 countries and has its
corporate headquarters in Dublin, Ireland, with operational headquarters in
Nottingham, UK; California, US; and São Paulo, Brazil.
For more information, visit www.experianplc.com.
Experian Public Relations
80 Victoria Street
+44 (0)115 99 22650