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.

“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.