6. LexisNexis Risk Solutions Acquires Emailage
Purchase Price: $480 million (Reuters)
LexisNexis Risk Solutions in March purchased Emailage to help organizations reduce online fraud by building multidimensional profiles associated with customer email address to render predictive risk scores.
The Atlanta-based risk management business said its acquisition of Chandler, Ariz.-based Emailage’s fraud prevention tools assess fraud risks by utilizing email address metadata, a differentiated global contributory network and machine-learning algorithms. The company operates in the fraud and identity sector where customer needs are in constant flux due to the expansion of digital commerce.
Now part of the Business Services group of LexisNexis Risk Solutions, Emailage will enhance the LexisNexis Digital Identity Network with its best-in-class email intelligence and contributory networks. LexisNexis Risk Solutions said it already had an established commercial partnership with Emailage to offer email risk assessment to customers around the world.
5. Moody’s Acquires RDC
Purchase Price: $700 million (press release)
Moody’s in February purchased RDC (Regulatory DataCorp), a provider of anti-money-laundering and know-your-customer data and due diligence services.
The New York-based financial services giant said its acquisition of King of Prussia, Pa.-based RDC will help companies assess counterparties through a lens of more than 60 risk types by examining more than 120,000 global sources, including adverse media coverage, politically exposed persons, government sanctions and regulatory watchlists. RDC had been owned by private equity firm Vista Equity Partners.
Moody’s said RDC’s platform incorporates industry-leading artificial intelligence for compliance screening to help process customer requests at greater speeds and accuracy while reducing false positives. The deal has extended RDC’s presence to a broader group of financial institutions, corporations, insurance companies and government agencies served by Moody’s Analytics.