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Equifax, Mastercard Beef Up Latin American Fraud-Protection Services

Equifax (NYSE: EFX) and Mastercard (NYSE: MA) have joined forces to empower Latin American financial institutions, payment service providers, acquiring banks, and merchants to overcome payment fraud challenges without disruption to the customer experience. Enhanced fraud management tools, including Mastercard Identity, Ethoca Alerts and Ethoca Consumer Clarity, are now available to Mastercard… Read More

Equifax Launches Merchant Data Network to Provide Visibility into the Financial Profiles of Small Businesses

Equifax (NYSE: EFX) has launched a new Merchant Data Network, an Equifax Cloud™-based data network to help provide greater visibility into the financial profiles of U.S small businesses. Designed to give lenders and service providers the “increased confidence they need to extend capital in a… Read More

Workday and Equifax to Streamline Employment and Income Verification Process

Workday, Inc. (NASDAQ: WDAY), a provider of solutions to help organizations manage their people and money, and Equifax (NYSE: EFX), a global data, analytics and technology company, today announced a partnership to help make employment and income verifications for Workday customers’ employees easier and faster… Read More

Kompliant Teams Up with Digital Solutions Unit at Equifax to Provide Fraud Prevention Solutions

Building on its promise to provide customers with a best-in-class experience while decreasing compliance risk, Kompliant, a provider of intelligent automation, is further elevating the merchant underwriting process, by announcing a partnership with the Digital Solutions team at Equifax to provide the powerful suite of… Read More

Equifax Launches Enhanced Mortgage Verification Solution

Equifax (NYSE: EFX) has launched a new solution, All Employers Within 90 Days, in support of its commitment “to providing an extensive set of verification solutions for the mortgage industry.” Powered by The Work Number, All Employers Within 90 Days “allows credentialed lenders to verify… Read More

Equifax Workforce Solutions to Streamline Digital Onboarding, Tax Withholding Processes

Equifax (NYSE: EFX) Workforce Solutions continues to help businesses transform the employee experience with the launch of Forms HQ, a new offering designed to help automate the delivery, completion, and tracking of essential employee forms, “including those related to onboarding, tax withholding, state requirements, annual notices,… Read More

Equifax Releases Security Report Focusing on Compliance and Privacy Controls

Equifax (NYSE: EFX) released its 2023 Security Annual Report, documenting the company’s continued commitment to security leadership through constant adaptation and proactive protection. The fourth annual report outlines how Equifax “increased efficiency, reduced friction and strengthened continuous controls governance across its internal security program, while… Read More

Money Saving App Snoop Launches Credit Score Service in Partnership with Equifax

Snoop, the money-saving app, has recently launched a free credit score service in partnership with Equifax, making it the “first” to combine money management and credit score in one app. Having a good credit score plays a big part in accessing loans, borrowing at lower… Read More

Real-Time KYB Services: Equifax Launches Business Verification Solution

Equifax (NYSE: EFX) is launching a real-time, Know Your Business (KYB) online Business Verification Solution offering “to help U.S. lenders and businesses of all sizes make faster, more informed decisions before onboarding new accounts or vendors.” New business applications in the United States have “been… Read More

Equifax to Support Remote Onboarding Services with a Virtual Component of its I-9 Anywhere Solution

Equifax (NYSE: EFX) is addressing the growing demand for flexible, remote onboarding services by offering a virtual component of its I-9 Anywhere solution. This enhancement will make it easier “for eligible employers to streamline their onboarding processes and enhance new hire experiences.” The new capability… Read More

UK FCA Fines Equifax £11 million for Security Breach of Consumer Information

The UK Financial Conduct Authority (FCA) has fined Equifax Ltd £11,164,400 for a security breach that exposed UK consumer’s information. The FCA says the security breach is one of the largest cybersecurity breaches in history. The FCA notes that in 2017, hackers accessed the personal… Read More

Equifax Fraud Report Shows Rises in Canadian Credit Card, Mortgage Fraud Rates

New data suggests an increase in fraudulent activities within the automotive, credit card, and mortgage sectors, according to the latest Equifax Canada Fraud Trends Report. The report also suggests the uptick in fraud is being driven by financial pressures faced by consumers and by bold… Read More

Equifax Introduces Smart Screen Portfolio of Consumer Reports

Equifax (NYSE: EFX) has launched Smart Screen, a new portfolio of consumer reports. Leveraging the Equifax Cloud and the TotalVerify data hub, Smart Screen accelerates the delivery of criminal background checks “when required by background screeners, employers and government agencies as part of their established hiring… Read More

Brazil: Equifax Completes Acquisition of Boa Vista Serviços

Equifax (NYSE: EFX) has completed the acquisition of Boa Vista Serviços, which claims to be the second largest credit bureau in Brazil. This strategic and financially attractive acquisition “grows Equifax‘s presence in Brazil and offers Boa Vista Serviços customers access to expansive Equifax international capabilities… Read More

Equifax Reports Solid Second Quarter in Challenging Mortgage Market

Equifax (NYSE: EFX) recently announced financial results for the quarter ended June 30, 2023. Second quarter 2023 revenue of $1.318 billion “was flat and up 1% in constant currency against a mortgage market estimated to be down 37%.” Other key details shared by Equifax include:… Read More

Equifax Enhances Mortgage Verification Portfolio with Employment Select+

Equifax (NYSE: EFX) is continuing its commitment to delivering the industry’s most comprehensive suite of mortgage verification solutions with the launch of Employment Select+, a new offering that “supports lenders and consumers during the critical stages of the loan closing process.” Leveraging the power of… Read More

Equifax Makes Security, Privacy Controls Framework Available to Public

Equifax (NYSE: EFX) is furthering its commitment to transparency in cybersecurity by making its security and privacy controls framework public for the benefit of security and privacy teams at organizations of all sizes. By enabling the larger technology ecosystem with the tools to design, build… Read More

Equifax Files Registration Statement with SEC Related to Acquisition of Boa Vista Serviços

Equifax Inc. (NYSE: EFX) has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) in connection with the company’s acquisition of Boa Vista Serviços, which is reportedly the second-largest credit bureau in Brazil. Equifax and Boa Vista Serviços “entered into a Merger… Read More

Equifax Supports Financially Inclusive Lending With Expanded U.S. Mortgage Credit Reports

Equifax (NYSE: EFX) is supporting financially inclusive lending with the availability of expanded U.S. mortgage credit reports. The company is reportedly “the first National Credit Reporting Agency (NCRA) to make certain telecommunications (telco), pay TV and utilities attributes available to the mortgage industry to provide a… Read More

Trustfolio, Equifax to Provide Debt Advisers Instant Access to Bank Transaction Data

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Trustfolio Ltd, the ‘debt-tech’ collective behind the Debt Adviser Support Portal and other digital tools for creditors and third parties designed to ‘enable better debt solutions’, has partnered with Equifax (NYSE: EFX) “to launch a new feature powered by Open Banking.” The new Debt Adviser… Read More

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