Appriss acquires data analytics company Verisk

This acquisition will be integrated into Appriss’ retail business unit, Appriss Retail. Verisk’s retail loss prevention solutions include Aspect EliteL, APIS (Aspect Protection Information System), and (n)act.

Appriss Retail’s Software-as-a-Service (SaaS) solutions target the retail Global 1000 and drive action throughout the organization, including operations, finance, marketing, and loss prevention.

Appriss provides proprietary data and analytics solutions to address fraud, risk, and compliance issues for government and commercial enterprises worldwide. Appriss Retail, which is a division of Appriss, provides artificial intelligence–based solutions to help retailers protect margin, unlock sales, and cut shrink.