Global data giant Experian has acquired KYC360 in the UK and Ireland.

It says the deal will significantly enhance its fraud and financial crime compliance capabilities.

KYC360’s suite of Customer Lifecycle Management (CLM) solutions will support Know Your Customer (KYC) and Know Your Business (KYB) processes – which allow clients to onboard, screen and perpetually maintain data across the entire customer base – when they are integrated into Experian’s Ascend platform.