Serasa Experian today announces the acquisition of BrScan, a company operating in the segment of verification of personal identification documents, with extensive capabilities in document validation technologies and a comprehensive database of fraudsters, to expand its business in the Identity & Market Fraud (ID&F) in Brazil.
Leader in Latin America in information services for credit decision making, Serasa Experian also offers the Brazilian market innovative solutions for identity authentication and fraud prevention, in line with Experian's strategic focus globally. BrScan is one of the players in the fraud prevention and onboarding ecosystem, with extensive experience and an excellent set of data, resources, technologies and solutions in this segment.
“The Covid-19 pandemic forced companies to transform themselves digitally, regardless of size or industry. This process has brought more dynamism and speed to the business, at the same time that it may have increased the risks related to fraud ”, says Valdemir Bertolo, President of Serasa Experian in Brazil. According to the Global Identity and Fraud Survey 2020 conducted by Experian, 70% of Brazilian online businesses admitted an increase in losses due to the advancement of digital fraud in their operations. “We have the ambition to enhance the growth of our clients' businesses through better data management, helping them to implement their digital transformation processes in a safe manner”, adds Bertolo.
The acquisition will unify the technological capacity of two companies with a streak of innovation and make it possible to combine competencies in data, analytics and platforms to accelerate the evolution of current solutions and create new solutions in the universe of identity verification, documentation for digital and in-person processes. onboarding and fraud prevention, putting us in a position to serve our customers in an even more differentiated way.
“At BrScan, we have a solid and long-term relationship with our customers. The integration with Serasa Experian will open up new possibilities to serve you even better, offering you innovative best-inclass solutions to enhance the growth of your business in a sustainable manner ”, added Julio Faiad, founder and CEO of BrScan.
The acquisition has already been validated and approved by the Administrative Council for Economic Defense (CADE) and, with that, Serasa Experian now manages 100% of BrScan's operation in Brazil, which includes about 750 employees located in its offices in Brasília, São Paulo. Paulo and Rio de Janeiro. BrScan will be part of the Decision Analytics unit of Serasa Experian.
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