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Equifax expands its fraud prevention business

Equifax is expanding in the digital identity and fraud prevention market with the acquisition of Midigator LLC.

Midigator offers an “automated, data-driven chargeback prevention and dispute management solution”. It was founded in 2013.

Equifax said in a statement that with global ecommerce sales growing to US$5.5 trillion this year, transaction disputes are surging. 

It said Midigator’s process would be a strong complement to the fraud control suite it currently offers.

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