London Stock Exchange Group (LSEG) has acquired a digital identity business to expand its range of such solutions.
In Brief:
Global Data Consortium (GDC) provides businesses with high-quality ID verification to support Know Your Customer (KYC) requirements.
The business specialists in “high-speed electronic” digital ID verification.
It currently enables businesses to source and enhance data from over 300 sources across 70 countries.
What does this mean?
LSEG already works with GDC to use its KYC tools within its Customer and Third-Party Risk business, and now GDC will form part of the business’ Data & Analytics division.
