21 August 2019 - Experian, the global information services company, is pleased to announce that it has acquired Look Who's Charging Pty Ltd ('LWC'). LWC is the leading provider of transaction enrichment and categorisation technology to banks in Australia.
LWC's service is used to make banking smoother and more straightforward for bank customers. LWC's data is integrated directly into a bank's digital platforms providing their customers with more visibility on their spending. It enables card and bank statement transactions to be categorised and displayed in an easy to understand way, in real time, and makes everyday activities like spend analysis simpler.
Making lending simpler and faster is a key component of our strategy. This acquisition represents another step in using our advanced data and analytics expertise to remove complexity from the lending process and to access new growth opportunities.
LWC will be reported within our EMEA/Asia Pacific Business-to-Business segment under Data.
Nadia Ridout-Jamieson Investors +44 (0)20 3042 4215
Gerry Tschopp Media +1 714 830 7756
Rollo Head +44 (0)20 7251 3801
Experian is the world's leading global information services company. During life's big moments - from buying a home or a car to sending a child to college to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organizations to prevent identity fraud and crime.
We have 17,200 people operating across 44 countries, and every day we're investing in new technologies, talented people and innovation to help all our clients maximize every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.