Monday, May 02, 2005

ChoicePoint Makes Fraud Detection Buy

Clint Boulton writes on internetnews.com that:

ChoicePoint, which had the personal information of 145,000 people pried from its grasp recently, has improved its ability to help financial service and insurance customers detect fraudulent activity.

The company, one of the largest data warehouses in the U.S., with Social Security numbers and credit reports on almost every American, said it acquired fraud-detection software maker Magnify, Inc.

Terms of the deal were not made public.

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