Davies adds new regulatory and compliance capability through acquisition of Veriphy

▤ Summary

Davies has acquired Veriphy to strengthen its regulatory and compliance offering. Veriphy brings KYC and AML compliance software, identity verification, training, and people and company checks to Davies’ Customer Solutions business. The deal expands Davies’ digital capabilities and creates a broader risk and regulatory services segment for clients in regulated industries. Davies says the acquisition supports strong organic growth and extends its software-enabled services portfolio across insurance, financial services, legal services, and other regulated markets.

▦ Linked Companies

Veriphy Ltd.

up to $1M