DUBLIN - Experian (OTC:EXPGF), a global information services company, has reported a rise in Q3 revenue, attributing much of its growth to robust demand in Latin America. Revenue was up 9% at actual exchange rates from ongoing activities and 7% at constant exchange rates, with organic revenue growth of 6%. The company, known for providing credit monitoring services, has seen an increased use of credit reports and scores for risk assessment and fraud analysis.
The rise in revenue highlights the growing importance of credit-related services in Latin America, where economies are increasingly relying on credit information to support financial decision-making. As businesses and consumers alike seek to navigate the complexities of credit, Experian's services have become more vital in evaluating creditworthiness and preventing fraudulent activities.
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