Equifax Acquires TrustedID

By PYMNTS | July 9, 2013

Major U.S. credit bureau Equifax announced it acquired identity protection provider TrustedID on July 8, according to a company release.

TrustedID will become part of Equifax’s consumer-facing business unit, offering credit monitoring and identity protection services to customers.

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“In today’s digital economy and culture, Americans are becoming increasingly aware of identity, reputation and privacy issues,” Scott Mitic, CEO of TrustedID, said in a statement. “Together, Equifax and TrustedID can deliver a powerful combination in helping consumers better understand and address two key elements of financial well-being – credit and identity.”

Read the full press release here.