BankID BankAxept completed the acquisition of Beaufort Solutions.

BankID BankAxept, an anti-money laundering solutions provider, completed the acquisition of Beaufort Solutions, a developer of a cybersecurity financial platform. Financial terms were not disclosed. "We are happy to have the talented team in Beaufort join the team. By combining our expertise, knowledge and innovative power, we form a solid all-Norwegian player that can both increase efforts, strengthen product innovation and expand into new markets," Øyvind Brekke, BankID BankAxept CEO.