Equifax

Equifax Inc. is one of the three largest consumer credit reporting agencies, along with Experian and TransUnion. Equifax collects and aggregates information on over 800 million individual consumers and more than 88 million businesses worldwide.

(source: equifax.com)

Equifax Says 85% of Its New Models Built With AI
Equifax Says 85% of Its New Models Built With AI
April 18, 2024  |  artificial intelligence

Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations.  In announcing the company’s quarterly earnings Thursday (April 18), management noted that...

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Equifax Unveils Fraud Prevention KYB Tool
Equifax Unveils Fraud Prevention KYB Tool
February 28, 2024  |  Fraud Prevention

Equifax is rolling out a know your business (KYB) solution to help U.S. lenders and businesses make more informed decisions about onboarding new accounts or vendors. ...

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Merchants Turn to AI Key to Improve Customer Retention
Merchants Turn to AI Key to Improve Customer Retention
October 25, 2023  |  Artificial Intelligence

Artificial intelligence (AI) has left the pages of science fiction behind and entered the workforce.  And its latest evolution, generative AI, is already having an...

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Equifax and Mitek Systems Partner to Combat Identity Fraud
Equifax and Mitek Systems Partner to Combat Identity Fraud
September 22, 2023  |  Partnerships

Credit reporting agency Equifax and global identity verification firm Mitek Systems formed a partnership. Their alliance aims to combat evolving digital fraud threats and enhance Equifax’s...

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Plaid Appoints Former Visa SVP Cecilia Frew as Head of Open Finance
Plaid Appoints Former Visa SVP Cecilia Frew as Head of Open Finance
August 25, 2023  |  Personnel

Plaid has appointed payments and financial services executive Cecilia Frew as head of open finance. “In this role, Cecilia is responsible for overseeing Plaid’s evolving and dynamic relationships...

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Equifax Reports Historically Low Credit Card Delinquencies Amid Strong Q2 Performance
Equifax Reports Historically Low Credit Card Delinquencies Amid Strong Q2 Performance
July 20, 2023  |  Earnings

Equifax released its second quarter earnings report on Wednesday (July 20), announcing a “strong” earnings performance despite mortgage interest rates trending upwards since April.  In terms of...

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Reusable IDs and AI Help Merchants Beat Back the Fraudsters
Reusable IDs and AI Help Merchants Beat Back the Fraudsters
June 21, 2023  |  Security & Fraud

The fraudsters are racking up the gains, seeking, as they always do, to exploit vulnerabilities in card-not-present transactions. And now, they’re harnessing artificial intelligence (AI)...

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Equifax Launched Fraud Protection Tool for Small Businesses on Shopify
Equifax Launched Fraud Protection Tool for Small Businesses on Shopify
May 05, 2023  |  Security & Fraud

Equifax has launched a fraud protection tool for Shopify designed for small business merchants. The new Kount Essentials application joins the company’s Kount Advanced app...

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Credit Reporting Agencies Remove More Medical Collections Debt From Reports
Credit Reporting Agencies Remove More Medical Collections Debt From Reports
April 11, 2023  |  Healthcare Financing

Three credit reporting agencies have taken another step in removing medical collection tradelines from credit reports. Equifax, Experian and TransUnion have removed medical collections debt...

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