Accel-KKR Acquires Accertify from American Express
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.