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Equifax to Acquire Post-Transaction Fraud Mitigation Solutions Provider Midigator.

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Vincent

MANews-(C)2009-2022

US-based data, analytics, and technology company Equifax (NYSE: EFX) is expanding its global footprint in digital identity and fraud prevention with a definitive agreement to acquire post-transaction fraud mitigation solutions provider Midigator LLC, the company said.

Midigator's highly automated, data-driven chargeback prevention and chargeback dispute management solutions complement the Equifax Kount Identity Trust Global Network, which uses artificial intelligence to link trust and fraud data signals from 32 bn digital interactions, 17 bn unique devices, and five bn annual transactions across 200 countries and territories.

Founded in 2013, Midigator offers a technology platform designed to not only automate the dispute response process, but to provide the real-time data businesses need to know why chargebacks are occurring in the first place and better understand their customers.

Midigator has prevented more than 2.7m chargebacks.

The resulting granular, post-transaction data and digital signals complement the Equifax...

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