Early Warning Services has announced that it acquired Austin Logistics’ Risk Analytics business from ALI Solution. The acquisition will "significantly enhance the strength and capabilities of EWS by providing it with one of the most sophisticated combinations of risk solutions and analytic modeling personnel in the financial services sector." As part of the transaction, EWS entered into an alliance agreement with ALI to enhance their customer outreach solutions to be ‘Early Warning enabled’ for financial institutions.

Glenbrook partner Carol Coye Benson spoke today with Mary Anne Keegan, SVP Marketing & Communications of the newly formed Early Warning Services, LLC, to learn more about the company announced earlier this week.

Five of the nation’s leading retail banks, Bank of America, BB&T Corporation, JPMorgan Chase, Wachovia, and Wells Fargo together with First Data have announced they have agreed to form Early Warning Services, LLC, to bring together the fraud prevention expertise of the owners with the intellectual property and assets of Primary Payment Systems (PPS) and IDLogix. PPS and IDLogix are subsidiaries of First Data specializing in fraud prevention technologies.