FOR IMMEDIATE RELEASE
Sacramento, CA, August 3, 2026 /PRNewswire-PRWeb/ — Enformion today announced the acquisition of Kevari, a leader in fraud detection and investigation solutions for financial institutions.
The acquisition brings together Enformion’s extensive identity graph—spanning more than 120 billion records and covering 98% of the U.S. adult population—with Kevari’s specialized expertise in new-account and account takeover (ATO) fraud prevention. Kevari also brings a robust fraud intelligence network and dynamic machine learning models built on real-world fraud signals.
Together, the combined company will reduce the cost of fraud management by delivering a more powerful and comprehensive platform designed to help organizations effectively detect and prevent fraud, while reducing false positives and operational friction.
“This acquisition accelerates our ability to support banks, credit unions, lenders, fintech platforms, and reseller partners with solutions that are both flexible and data-driven,” said Chris Lundquist, CEO of Enformion. “Fraud is evolving quickly, and institutions need partners who can evolve with them.”
“Kevari has always focused on solving real fraud problems for financial institutions, particularly in areas like account takeover and new-account fraud,” said Adam Elliott, President and CEO of Kevari. “By joining Enformion, we gain access to some of the deepest identity intelligence assets in the market, which will make our signals, models, and network even stronger. Just as importantly, it allows us to scale what we’ve built and bring these capabilities to more institutions that need them.”
Kevari’s solutions are embedded in more than 6,500 financial institutions through its channel partnerships, including community banks, credit unions, and alternative lenders. The combination enhances Enformion’s ability to serve these markets with purpose-built solutions.
Customers of both companies will benefit from:
- Stronger fraud detection with fewer false positives
- Access to a growing fraud intelligence network
- Faster innovation and product development
- Reduced friction during onboarding
The combined company will help organizations reduce the cost of fighting fraud through a more powerful, comprehensive fraud detection and prevention platform. To learn more about the acquisition, visit https://www.enformion.com/news/enformion-kevari
