Giact Systems

Giact provides verification, authentication, and funds confirmation information for businesses across all industries to assess and manage risk in electronic payments and accept them with confidence. It currently services more than 1,000 customers including businesses of all types including financial and lending institutions, insurance companies, retail and e-commerce merchants, card issuers and payment processors, MSBs, utilities and housing, government agencies, and peer-to-peer payment providers.On November 2nd, 2020, Giact was acquired by Refinitiv. Terms of the transaction were not disclosed.