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Rabu, 11 Desember 2019 06:28:00

GBG's international revenues increase to 57% of total business

Digital solutions to protect organizations against increasingly complex online fraud and stringent compliance regulations, and enable consumers to transact safely and securely online, have led to strong YoY growth

SINGAPORE, RIAUONE.com - 10 December 2019 - GBG (AIM: GBG), the global technology specialist in fraud and compliance management, identity verification and location intelligence, announces its unaudited results for the six months ended 30 September 2019.
 
For the first time in the organization's 30-year history, international revenue outside of the UK has increased from 35% to 57% of its total business. This is spurred by continued growth from new logo wins and existing customers across all focus geographies.
 
In the fraud space, GBG has built on existing commercial relationships and won new customers in Europe, including BNP Paribas, Arval and Standard Life. In the APAC region, GBG has extended business with AmBank in Malaysia and Citi in Indonesia and Taiwan.
 
In November 2019, the group announced the appointment of three senior leaders, to align to the business' strategic focus on increasing its footprint in the region.
 
Recruitment in APAC continues for sales, marketing, product and technology to grow its key markets in Vietnam, Thailand, Malaysia, Indonesia, China, Singapore and Australia. The APAC team now counts for over 25% of global headcount.
 
Overall, GBG's YoY revenue growth is strong at 62%, with the full-year outcome for both revenue and profit expected to be in line with expectations. (roc/red/*) #for information on collaboration publications, questions and other e-mails riauonemedia@gmail.com
RIAUONE.com

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