diff --git a/ruby/Gemfile b/ruby/Gemfile
index d6f001898..7b331f4c9 100644
--- a/ruby/Gemfile
+++ b/ruby/Gemfile
@@ -1,4 +1,4 @@
 source "https://rubygems.org"
 
-gem "business", "~> 1.0.0"
+gem "business", "~> 2.3.0"
 gem "uk_phone_numbers", "~> 0.1.0"
diff --git a/ruby/Gemfile.lock b/ruby/Gemfile.lock
index b82919ce3..926a6c308 100644
--- a/ruby/Gemfile.lock
+++ b/ruby/Gemfile.lock
@@ -1,14 +1,14 @@
 GEM
   remote: https://rubygems.org/
   specs:
-    business (1.0.0)
+    business (2.3.0)
     uk_phone_numbers (0.1.0)
 
 PLATFORMS
   ruby
 
 DEPENDENCIES
-  business (~> 1.0.0)
+  business (~> 2.3.0)
   uk_phone_numbers (~> 0.1.0)
 
 BUNDLED WITH