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Experian’s 192business Named as Preferred Identity Supplier to Law Society

September 24, 2012

LONDON, September 24, 2012 /PRNewswire/ –

Experian, the global information services company, announced its 192business unit has
been selected by the Law Society as its preferred supplier of electronic identity
verification tools for anti-money laundering purposes.

192business, part of Experian since it was acquired in March 2012, provides
organisations with a range of electronic identity verification
[http://www.experian.co.uk/payments/solutions/minimise-risk-and-fraud-within-my-payments.html ]
tools, including personal data verification, fraud screening and document
verification. These products are already used by 44 of the top 100 UK law firms to meet
client due diligence obligations under the Money Laundering Regulations 2007 and to
mitigate the risks of making payments in contravention of the UK financial sanctions
regime.

Nigel Spencer, Chief of Commercial Affairs at the Law Society, said: “Experian and
192business have worked closely with the Law Society to ensure that its identity
verification services are tailored to the specific needs of the legal sector. Accurate and
efficient identity verification is vital for meeting the evolving challenges of complying
with financial crime prevention rules.”

Nick Mothershaw, UK director of identity & fraud services at Experian, commented:
“Firms across the legal profession have successfully managed money laundering and payment
risks working in partnership with 192business. Since 192business became part of Experian
earlier this year we have further strengthened our position amongst the legal community
and are delighted that the Law Society has chosen to endorse our range of identity
verification tools.”

About Experian:

Experian is the leading global information services company, providing data and
analytical tools to clients in more than 80 countries. The company provides banking
software [http://www.experian.co.uk/payments ], helps businesses to manage credit risk,
prevent fraud through its fraud management system, target marketing offers and automate
decision making. Experian also helps individuals to check their credit report and credit
score, and protect against identity theft.

Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the
FTSE 100 index. Total revenue for the year ended 31 March 2011 was US$4.2 billion.
Experian employs approximately 15,000 people in 41 countries and has its corporate
headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK;
California, US; and Sao Paulo, Brazil.

        PR Contact:

        Chantal Heckford
        Lansons Communications
        24a St John Street
        London
        EC1M 4AY.
        +44(0)20-7490-8828

http://www.experian.co.uk

SOURCE Experian


Source: PR Newswire