Equifax news and trends

Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
Regulation // January 17, 2025

Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to take steps to ensure the accuracy of its credit reports. Under the consent order, the company will bring its dispute...

Equifax and Mastercard Partner on Fraud Management in Latin America
Partnerships // December 05, 2024

Equifax and Mastercard have partnered to provide fraud management tools to businesses in Latin America, excluding Brazil. This collaboration will make these tools available to Mastercard business customers in Latin America — including financial institutions, payment service providers, acquiring banks and merchants — through Equifax’s Kount Payment Fraud...

Equifax UK Debuts Tariff Connect for Utility and Telecom Providers
Digital Onboarding // November 07, 2024

Equifax UK has introduced a customer onboarding solution for utility and telecom firms. As Fintech Finance News reported Thursday (Nov. 7), the new tool, called Tariff Connect, is designed to help these providers automate customer eligibility assessments for social tariff discounts, which are reduced rates...

Equifax: Adoption of Cloud, AI Technologies Drive Company’s ‘Next Chapter’
Earnings // July 18, 2024

Equifax expects its transition to cloud and artificial intelligence (AI) technology to deliver cost savings and drive innovation in 2024 and beyond. The global data, analytics and technology company said in a Thursday (July 18) earnings release that it is leveraging its new EFX Cloud and...

Interviews & Exclusives
Equifax VP Says Data Science Can Strengthen Customer Relationships

April 22, 2024
Businesses can gain valuable customer insights from the data they already have, Equifax VP, Data Science and Decision Analytics, Digital Solutions Dilip Singh writes in the new PYMNTS eBook, “The Implications of Uncertainty.”   Revenue growth is a top priority for most businesses. There are various ways to bring in more money — but not […]

Merchants Turn to AI Key to Improve Customer Retention

October 25, 2023
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 exciting impact on payments, helping...

Trusted ID Networks Offer Best Line of Defense Against Fraudsters

December 28, 2022
Dynamic friction keeps the bad guys out, and trusted identity verification networks (ID networks) keep good customers transacting. Brad Wiskirchen, senior vice president and general manager at Kount, an Equifax...

Merging Physical Data With Digital Identity Offers More Realistic View of Consumers, Businesses

February 03, 2022
A year ago, with the pandemic in full swing and many stores and businesses shuttered or operating under restrictions, digital commerce was pretty much the only game in town. With...

Quick Reads
Equifax to Settle CFPB Allegations of Inaccurate Credit Reports

January 17, 2025
Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to take steps to ensure the accuracy of its credit reports. Under the consent order, the company will bring its dispute resolution processes into compliance with federal law and pay a […]

Equifax and Mastercard Partner on Fraud Management in Latin America

December 05, 2024
Equifax and Mastercard have partnered to provide fraud management tools to businesses in Latin America, excluding Brazil. This collaboration will make these tools available to Mastercard business customers in Latin America —...

Equifax UK Debuts Tariff Connect for Utility and Telecom Providers

November 07, 2024
Equifax UK has introduced a customer onboarding solution for utility and telecom firms. As Fintech Finance News reported Thursday (Nov. 7), the new tool, called Tariff Connect, is designed to...

Equifax: Adoption of Cloud, AI Technologies Drive Company’s ‘Next Chapter’

July 18, 2024
Equifax expects its transition to cloud and artificial intelligence (AI) technology to deliver cost savings and drive innovation in 2024 and beyond. The global data, analytics and technology company said...