Experian has acquired Americas Software Corp., a developer of regulatory compliance software systems, for an undisclosed sum.
Americas Software specializes in anti-money laundering programs for banks and other financial institutions.
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The two companies will combine their existing products to help clients with identity verification, fraud and money laundering detection and compliance with government regulations.
Americas Software will become part of Experian’s Fraud Solutions unit, but will remain in Miami. Current management and employees will stay on.
Costa Mesa, CA-based Experian has a strategy of acquiring complementary businesses that provide new products or offer entry into new vertical markets.
