Equifax Buys Fraud Prevention Firm Kount in $640 Million Deal
By SecurityWeek News on January 08, 2021 Equifax on Friday announced plans to shell out $640 million to acquire Kount, a company that sells e-commerce retail fraud protection. The Atlanta, Ga.-based Equifax said the deal would expand its worldwide footprint in digital identity and fraud prevention solutions. Kount, based in Boise, Idaho, operates and manages a network that uses artificial intelligence to link trust and fraud data signals from 32 billion digital interactions on 17 billion unique devices. Equifax expects the transaction to close in the first quarter of 2021. The companies sa...