Palamon Capital Partners has agreed the sale of Retail Decisions (ReD) to ACI Worldwide for US $205 million subject to regulatory approvals. ReD is a leading global provider of payment fraud prevention technology and services to merchants, card issuers, acquirers and processors. Its flagship product ReD Shield, a real time, online fraud prevention solution is used by large eCommerce and multi-channel merchants in North America, Europe, Asia Pacific and Latin America, to boost online revenues whilst reducing fraud losses. Palamon has other investments in the wider eCommerce arena including Dress for Less and feelunique.com
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