Experian sees Q1 revenue rise 7%

The world’s largest credit risk management company, Experian, has reported a 7% year-on-year revenue increase in its UK and Ireland division for the first quarter of its financial year, led by an increased need for fraud protection amongst its clients.

The Dublin-headquartered company said that during the three months to the end of June it saw “good demand” amongst its Irish and British clients for fraud and identity management services.

Its credit services offering saw revenue growth of 3%, which reflected a slight improvement in business flows from the financial services sector, as well as growth in new customer segments such as utilities, telecommunications and the public sector.