Equifax (NYSE: EFX) announced that it has completed the acquisition of Vault Verify, a provider of HR services, such as employment and income verification services. According to the update from Equifax, this acquisition enhances the data that Equifax provides to verifiers to “help them make more informed decisions in less time.”
It also offers yet another mechanism for employers to provide data to a verifications provider, “expanding options available to Equifax employer clients.”
Vault Verify complements The Work Number database with “information that can help consumers when they’re applying for jobs, mortgages, social service benefits,” and various other types of financial services.
Mark Begor, Chief Executive Officer, Equifax said that their purpose is to help people live their “financial best.”
Begor added that the latest acquisition of Vault Verify complements The Work Number and Equifax verification capabilities with “additional information that can help streamline important financial moments for consumers.”
They also stated that leveraging the power of their Equifax Cloud transformation, they are able “to integrate Vault Verify into Equifax operations and deliver verifiers the information they need efficiently.”
Established back in 2012, Vault Verify is described as being an outsourced provider of employment and income verification services, “offering real-time, transactional, API-based verifications through its technology.”
Vault Verify serves employers of all sizes nationwide, with “a concentration in the healthcare sector.”
Joe Muchnick, Chief Operating Officer at Equifax Workforce Solutions said that they are pleased about the “enhanced set of knowledge and capabilities that their combined Vault Verify and Equifax teams will be able to offer as they seek to help streamline life’s important moments through efficient verifications.”
Muchnick also mentioned that the addition of Vault Verify will help consumers get decisions quickly when they’re “applying for jobs, mortgages, social service benefits, and other financial services.”
Vault Verify, an Equifax company, is now a “part of the Equifax Workforce Solutions business unit.”
The Vault Verify team has “assumed roles with Workforce Solutions.”
In another recent update, it was noted that Equifax unveiled that Optimal Path, the interactive score planner introduced by Equifax earlier in 2025, will now be integrated into the Kikoff platform and rolled out to Kikoff’s community of customers.
Harnessing the capabilities of The Equifax Cloud as well as the patented EFX.AI capabilities, Optimal Path will now reportedly integrate with each Kikoff member’s Equifax credit profile, in order “to deliver personalized, actionable credit score plans that include specific tasks members can execute over time to help reach their target VantageScore 3.0 score.”