Equifax

Equifax Announces Acquisition of HIREtech

Retrieved on: 
Tuesday, March 9, 2021
Credit scoring, Corruption in the United States, Equifax, Service companies, Information technology, EFX, Computing

ATLANTA, March 9, 2021 /PRNewswire/ -- Equifax (NYSE: EFX) announced today that it has closed the acquisition of HIREtech, a technology-focused human capital management (HCM) and employer tax incentive firm.

Key Points: 
  • ATLANTA, March 9, 2021 /PRNewswire/ -- Equifax (NYSE: EFX) announced today that it has closed the acquisition of HIREtech, a technology-focused human capital management (HCM) and employer tax incentive firm.
  • With this acquisition, Equifax expands the Workforce Solutions' portfolio with the HIREtech suite of products, accelerating offerings for both employer and verification services.
  • HIREtech, an Equifax company, is now part of the Workforce Solutions business unit at Equifax.
  • The HIREtech leadership team has assumed roles with Equifax as part of the new Houston, Texas-based division of Equifax Workforce Solutions.

Equifax Introduces Commercial Real Estate Tenant Risk Assessment Product Suite

Retrieved on: 
Thursday, March 4, 2021
Finance, Money, Real estate, Credit scoring, Leasing, Corruption in the United States, Equifax, Real property law, Tenant, Commercial property, Leasehold estate, EFX

ATLANTA, March 4, 2021 /PRNewswire/ -- Equifax (NYSE: EFX) today announced a new Commercial Real Estate (CRE) Tenant Risk Assessment product suite designed to help asset managers and bankers better build, manage and maintain CRE portfolios.

Key Points: 
  • ATLANTA, March 4, 2021 /PRNewswire/ -- Equifax (NYSE: EFX) today announced a new Commercial Real Estate (CRE) Tenant Risk Assessment product suite designed to help asset managers and bankers better build, manage and maintain CRE portfolios.
  • The Equifax Commercial Real Estate Tenant Risk Assessment product suite helps you understand which tenants were on sound financial footing before the coronavirus, and better predicts how they will weather the storm."
  • The Equifax Commercial Real Estate Tenant Risk Assessment product suite includes a Tenant Risk Assessment Report and a cloud-based application on the Equifax Ignite Marketplace.
  • The Equifax Commercial Real Estate Tenant Risk Assessment suite is available now.

Equifax Brings Power of Cloud to New Lost Sales Analysis Solution for Mortgage and Home Equity Lenders

Retrieved on: 
Tuesday, March 2, 2021
Credit scoring, Corruption in the United States, Equifax

The new Equifax Ignite Lost Sales Analysis solution leverages the power of the Equifax cloud to provide the differentiated data, actionable insights and clear visualizationslenders need during prospecting, origination and portfolio retention.

Key Points: 
  • The new Equifax Ignite Lost Sales Analysis solution leverages the power of the Equifax cloud to provide the differentiated data, actionable insights and clear visualizationslenders need during prospecting, origination and portfolio retention.
  • "As the market evolves, so has our Lost Sales Analysis solution," said Craig Crabtree, Senior Vice President and General Manager for Mortgage & Housing at Equifax.
  • The Equifax Ignite Lost Sales Analysis application builds on the success of previous offerings by consolidating lender data with cloud-based Equifax Ignite property and behavior data.
  • "Lost Sales Analysis can be used at a number of different points within the mortgage or home equity loan lifecycle," continued Crabtree.

Emerson Firm Announces Ongoing Investigation for the Automatic Funds Transfer Services, Inc. Data Breach

Retrieved on: 
Tuesday, February 23, 2021
Security breaches, Credit scoring, Data brokers, Information technology, Security, Computing, Corruption in the United States, Equifax, Data breach, Ransomware, Experian

HOUSTON, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Emerson Firm, PLLC (Emerson) announces that it is continuing its investigation regarding the data breach at Automatic Funds Transfer Services, Inc. (AFTS) on behalf of approximately 38 million California residents whose personal information was compromised in the Data Breach revealed by the California Department of Motor Vehicles (DMV) on February 17, 2021.

Key Points: 
  • HOUSTON, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Emerson Firm, PLLC (Emerson) announces that it is continuing its investigation regarding the data breach at Automatic Funds Transfer Services, Inc. (AFTS) on behalf of approximately 38 million California residents whose personal information was compromised in the Data Breach revealed by the California Department of Motor Vehicles (DMV) on February 17, 2021.
  • The harm caused to California citizens by the Data Breach is already apparent.
  • Just two days after the California DMV announced the breach, reports have surfaced that a criminal ransomware gang operating under the name Cuba is selling off data stolen during the Data Breach on the dark web.
  • The Firm has represented numerous consumers in numerous data breach class actions such as Equifax, Experian, Capital One, Marriott, Banner Health, Wendys, etc.

Equifax Workforce Solutions Expands I-9 Completer Network to Aid Remote Onboarding Needs

Retrieved on: 
Thursday, February 18, 2021
Credit scoring, Corruption in the United States, Equifax, Information technology, Service companies, EFX, Telecommuting, Employment, Computing

ATLANTA, Feb. 18, 2021 /PRNewswire/ -- With remote work taking a firm foothold in 2020 and expected to continue in 2021, Equifax (NYSE: EFX) has continued to focus on specialized software solutions for HR teams.

Key Points: 
  • ATLANTA, Feb. 18, 2021 /PRNewswire/ -- With remote work taking a firm foothold in 2020 and expected to continue in 2021, Equifax (NYSE: EFX) has continued to focus on specialized software solutions for HR teams.
  • Its award-winning I-9 Anywhere product uses guided experiences and a network of trained I-9 completers to help employers get Forms I-9 done more accurately, on time and in person.
  • The company is increasing its trained Form I-9 completer network and Section 2 and 3 capabilities to help accommodate more remote new hires and re-hires nationwide.
  • The suite of I-9 Management solutions from Equifax Workforce Solutions allows for a more accurate, quicker and easier upload of the employee's I-9 documents, all while keeping a detailed audit trail.

Equifax Closes Acquisition of Kount

Retrieved on: 
Thursday, February 11, 2021
Credit scoring, Corruption in the United States, Equifax, EFX, Companies, Finance

ATLANTA, Feb. 11, 2021 /PRNewswire/ -- Equifax (NYSE: EFX) announced today that it has closed the acquisition of Kount, a provider of Artificial Intelligence (AI)-driven fraud prevention and digital identity solutions.

Key Points: 
  • ATLANTA, Feb. 11, 2021 /PRNewswire/ -- Equifax (NYSE: EFX) announced today that it has closed the acquisition of Kount, a provider of Artificial Intelligence (AI)-driven fraud prevention and digital identity solutions.
  • "The combination of Kount solutions with Equifax differentiated data assets and cloud capabilities will enable us to quickly take advantage of new fraud prevention and digital identity offerings to deliver for our customers and drive Equifax growth.
  • Our strong 2020 financial performance and balance sheet allowed Equifax to reinvest our outperformance in Kount while continuing to look for attractive acquisitions to strengthen our data assets and solutions."
  • Kount, an Equifax company, is now part of the USIS business unit at Equifax.

Equifax Acquires Open Banking and Transaction Data Analytics Company AccountScore

Retrieved on: 
Tuesday, February 9, 2021
Credit scoring, Articles, Finance, Money, Data brokers, Corruption in the United States, Equifax, Big data, Business intelligence, Analytics, Credit bureau

ATLANTA, Feb. 9, 2021 /PRNewswire/ -- Equifax , Inc. (NYSE: EFX) has acquired transaction data analytics company AccountScore Holdings Limited to bolster its Open Banking and insights capabilities.

Key Points: 
  • ATLANTA, Feb. 9, 2021 /PRNewswire/ -- Equifax , Inc. (NYSE: EFX) has acquired transaction data analytics company AccountScore Holdings Limited to bolster its Open Banking and insights capabilities.
  • The acquisition will see Equifax enhance its consumer and commercial product offerings, combining traditional credit bureau information held by Equifax with bank transaction data, facilitated by AccountScore.
  • "This is a really exciting development for Equifax and the acquisition of AccountScore, our long-term partner in open banking, is a natural next step as we continue to expand our data and analytics capabilities," said Patricio Remon, President of Europe at Equifax.
  • AccountScore Holdings Limited (AccountScore) is a highly innovative global data and analytics business that provides actionable insights and analytics on bank transaction data for clients.

Equifax Inc. Announces Contract Extension for CEO Mark W. Begor through 2025

Retrieved on: 
Thursday, February 4, 2021
Credit scoring, Corruption in the United States, Equifax, Begor, EFX, Form 10-K, Companies

ATLANTA, Feb. 4, 2021 /PRNewswire/ --Equifax Inc. (NYSE: EFX), a data, analytics and technology company, today announced its Board of Directors has agreed with Mark W. Begor, Chief Executive Officer (CEO), to extend the term of his employment agreement through 2025.

Key Points: 
  • ATLANTA, Feb. 4, 2021 /PRNewswire/ --Equifax Inc. (NYSE: EFX), a data, analytics and technology company, today announced its Board of Directors has agreed with Mark W. Begor, Chief Executive Officer (CEO), to extend the term of his employment agreement through 2025.
  • Since joining Equifax as CEO in April 2018, Begor led the effort to regain the confidence of customers and consumers following the 2017 cyber event and drove a $1.5 billion cloud data and technology transformation across the global enterprise.
  • These risks and uncertainties include, but are not limited to, those described in our 2019 Form 10-K and subsequent SEC filings.
  • As a result of such risks and uncertainties, we urge you not to place undue reliance on any forward-looking statements.

Equifax Board of Directors Declares Quarterly Dividend

Retrieved on: 
Thursday, February 4, 2021
Corruption in the United States, Credit scoring, Equifax, EFX, Dividend, Corporate finance, Finance, Money

ATLANTA, Feb. 4, 2021 /PRNewswire/ --Equifax Inc. (NYSE: EFX) today announced that the Equifax Board of Directors declared a quarterly dividend of $0.39 per share, payable on March 15, 2021, to shareholders of record as of the close of business on February 22, 2021.

Key Points: 
  • ATLANTA, Feb. 4, 2021 /PRNewswire/ --Equifax Inc. (NYSE: EFX) today announced that the Equifax Board of Directors declared a quarterly dividend of $0.39 per share, payable on March 15, 2021, to shareholders of record as of the close of business on February 22, 2021.
  • Equifax has paid cash dividends for more than 100 consecutive years.
  • At Equifax (NYSE: EFX), we believe knowledge drives progress.
  • Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward.

Equifax Names Audrey Boone Tillman to Board of Directors

Retrieved on: 
Wednesday, February 3, 2021
Articles, Business, Corporate governance, Credit scoring, Corruption in the United States, Equifax, Mark L. Feidler, Begor, EFX, New York Stock Exchange, Aflac, Independent director

ATLANTA, Feb. 3, 2021 /PRNewswire/ -- Equifax Inc. (NYSE: EFX) today announced that Audrey Boone Tillman, Executive Vice President and General Counsel at Aflac Incorporated (NYSE: AFL), has been elected to its board of directors.

Key Points: 
  • ATLANTA, Feb. 3, 2021 /PRNewswire/ -- Equifax Inc. (NYSE: EFX) today announced that Audrey Boone Tillman, Executive Vice President and General Counsel at Aflac Incorporated (NYSE: AFL), has been elected to its board of directors.
  • "We are thrilled to welcome Audrey as a new independent director on our board," said Mark W. Begor, CEO of Equifax.
  • "Audrey is a strong business leader who brings deep knowledge in corporate governance, gained over decades of significant experience in the legal and human resources fields," said Mark L. Feidler, non-executive chairman of Equifax.
  • "Her background and skill set will be invaluable to the Equifax board of directors in its oversight of the company's continued strategic growth."