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American Express Company has announced the sale of its wholly owned subsidiary, Accertify, to technology private equity firm Accel-KKR. Accertify, a provider of fraud prevention solutions, was acquired by American Express in 2010. Despite the sale, American Express will maintain its own fraud prevention programs, which are noted for having the lowest fraud rates among major U.S. card networks. The transaction, which is subject to customary closing conditions, is expected to be finalized in the second quarter of 2024. The financial terms of the deal have not been disclosed. The company has also included forward-looking statements in the report, cautioning that actual results could vary due to factors such as regulatory approvals, financing availability for the purchaser, and potential impacts on business relationships.
American Express Company has announced the sale of its wholly owned subsidiary, Accertify, to technology private equity firm Accel-KKR. Accertify, a provider of fraud prevention solutions, was acquired by American Express in 2010. Despite the sale, American Express will maintain its own fraud prevention programs, which are noted for having the lowest fraud rates among major U.S. card networks. The transaction, which is subject to customary closing conditions, is expected to be finalized in the second quarter of 2024. The financial terms of the deal have not been disclosed. The company has also included forward-looking statements in the report, cautioning that actual results could vary due to factors such as regulatory approvals, financing availability for the purchaser, and potential impacts on business relationships.
美國運通公司宣佈將其全資子公司Accertify出售給科技私募股權公司Accel-KKR。防欺詐解決方案提供商Accertify於2010年被美國運通收購。儘管進行了出售，但美國運通仍將維持自己的欺詐預防計劃，該計劃以美國主要信用卡網絡中的欺詐率最低而聞名。該交易受慣例成交條件的約束，預計將於2024年第二季度完成。該交易的財務條款尚未披露。該公司還在報告中納入了前瞻性陳述，並警告說，實際業績可能會因監管部門的批准、購買者的融資可用性以及對業務關係的潛在影響等因素而有所不同。
美國運通公司宣佈將其全資子公司Accertify出售給科技私募股權公司Accel-KKR。防欺詐解決方案提供商Accertify於2010年被美國運通收購。儘管進行了出售，但美國運通仍將維持自己的欺詐預防計劃，該計劃以美國主要信用卡網絡中的欺詐率最低而聞名。該交易受慣例成交條件的約束，預計將於2024年第二季度完成。該交易的財務條款尚未披露。該公司還在報告中納入了前瞻性陳述，並警告說，實際業績可能會因監管部門的批准、購買者的融資可用性以及對業務關係的潛在影響等因素而有所不同。
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