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Accel-KKR Acquires Accertify from American Express

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American Express has completed the sale of its subsidiary Accertify to private equity firm Accel-KKR, ending a 14-year association between the two companies.

Accertify, a provider of ecommerce fraud prevention and payment-risk tools, was acquired by American Express in 2010 but will now operate independently as a standalone private company based in Itasca, Illinois.

No financial details were disclosed regarding the transaction, which was completed in May 2024. Accel-KKR is poised to support product innovation and growth in global fraud technology through its investment.

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