Announced
Completed
Synopsis
Refinitiv, a global provider of financial market data and infrastructure, completed the acquisition of GIACT, a payment solutions provider, from private equity firm Tritium Partners. Financial terms were not disclosed. "The nature of financial crime, including fraud tactics is rapidly evolving and becoming more sophisticated. This presents significant challenges for organizations as they embrace online transactions and digital onboarding of customers. With the addition of GIACT, we can bring customers a comprehensive platform to address fraud, identity theft, money-laundering and payment-related crimes. I’m excited at the prospect of combining the expansive data sets, powerful analytics and human expertise of both organizations to the benefit of our customers, and I look forward to welcoming GIACT to Refinitiv," Phil Cotter, Refinitiv Managing Director.
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