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Kount, An Equifax Company, Announces New Dispute and Chargeback Management Solution, Integrating Major Card Brand Offerings in One Dashboard

Kount, An Equifax Company, Announces New Dispute and Chargeback Management Solution, Integrating Major Card Brand Offerings in One Dashboard
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CVC Growth Fund Announces Successful Exit of Kount in $640 million deal

CVC Growth Fund Announces Successful Exit of Kount in $640 million deal News provided by Share this article Share this article NEW YORK, Jan. 8, 2021 /PRNewswire/  CVC Capital Partners ( CVC ) announced today that the CVC Growth Fund has signed a definitive agreement to sell Kount Inc. ( Kount or the Company ), a provider of Artificial Intelligence (AI)- driven fraud prevention and digital identity solutions, to global data and analytics company Equifax in a deal valued at $640 million. The transaction is expected to close in the first quarter of 2021, subject to customary closing conditions and regulatory review. Formed in 2007 and headquartered in Boise, Idaho, Kount s best-in-class fraud prevention solutions protect the customer journey and digital innovations for over 9,000 brands globally. The Company has earned recognition as a leader in digital fraud prevention, with over 13 years of data informing its advanced Machine Learning (ML) and AI-based models. This patented

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