Experian To Acquire BakerHill

September 01, 2005, 1:00 a.m. EDT 1 Min Read

COSTA MESA, Calif. - (09/01/05) -- Credit bureau Experian saidWednesday it has agreed to acquire Baker Hill, a Carmel, Ind.,-based provider of relationship management, loan origination andrisk management solutions for banks, credit unions and otherfinancial service providers. Baker Hill, known for itsLiquidCreditBank2Business loan origination system, will helpExperian deepen its Small Business Credit Share program. Baker Hillwill operate as a business unit in Experian's Business InformationSolutions division. Terms of the deal were not disclosed. Experianis a unit of England-based GUS plc.

For reprint and licensing requests for this article, click here.

MORE FROM AMERICAN BANKER

Payments

The tech trends driving a boom in embedded payments

As AI and digital assets become mainstream, banks are spotting new opportunities to integrate payments with other activities.

By Cheryl Winokur Munk

July 4
Politics and policy

GOP megabill cutting CFPB funding goes to Trump's desk

House Republicans overcame internal divisions to narrowly pass President Trump's tax and spending package Thursday afternoon. The measure would cut the Consumer Financial Protection Bureau's funding level, among other provisions.

By Claire Williams

July 3
Artificial intelligence

How BBVA is using AI to save employees 3 hours a week

A new partnership with Google Cloud will let the Spanish bank offer Gemini to all staff after a successful ChatGPT deployment.

By Melinda Huspen

July 3
Industry News

CoastalSouth's IPO prices at lower than expected range

Atlanta-based CoastalSouth's initial public offering prices at $21.50 a share; Valley National Bancorp announces Lyndsey Sloan will succeed Gary Michael as general counsel; Webster Financial Corporation taps a new chief risk officer and appoints a new board member; and more in this week's banking news roundup.

By Editorial Staff

July 3
Originations

Capital One confirms Discover home equity shutdown

Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.

By Brad Finkelstein

July 3
Fintech

Exclusive: BECU acquires EarnUp's generative AI unit

In a rare move for a credit union, the Seattle institution has snapped up the 13-member team that created EarnUp's AI Advisor product.

By Penny Crosman

July 3