The Work Number

Equifax Announces Integration with IRIS Software Group

Retrieved on: 
Wednesday, September 20, 2023
Fair Credit Reporting Act, Public employment services in the European Union, Private sector, Employment, Senior, IRIS, 600 (number), The Work Number, Work, Luigi, SMB, Equifax, FCRA, Equifax Workforce Solutions, NYSE, Health insurance

ATLANTA, Sept. 20, 2023 /PRNewswire/ -- Equifax® (NYSE: EFX) has announced a new integration between The Work Number® service and Payroll Relief software from IRIS Software Group (IRIS). Automated employment and income verifications from The Work Number can now be made available to up to one million additional employees of U.S. small- and medium-sized businesses (SMBs) that are served by accountants and payroll service providers who use IRIS Payroll Relief software.

Key Points: 
  • Automated Employment and Income Verifications from The Work Number® Now Available to U.S. Small and Medium-Sized Businesses Using IRIS Payroll Relief Software
    ATLANTA, Sept. 20, 2023 /PRNewswire/ -- Equifax ® (NYSE: EFX) has announced a new integration between The Work Number ® service and Payroll Relief software from IRIS Software Group (IRIS).
  • "Partnering with The Work Number from Equifax demonstrates our dedication to streamlining verification processes and improving the overall experience for our clients," said Jim Dunham, President and General Manager, IRIS Americas.
  • "This integration with IRIS Payroll Relief software further demonstrates our commitment to bringing the benefits of The Work Number to employers of all sizes and their employees."
  • Additional information on Payroll Relief software from IRIS Software Group can be found here .

Vesta Announces Integration with The Work Number® from Equifax to Help Increase Lender Efficiency

Retrieved on: 
Tuesday, June 13, 2023
Professional Services, Technology, Finance, Software, Fintech, Banking, Equifax Workforce Solutions, Employment, Logic, Work, 600 (number), Workflow, The Work Number, Renewable energy, Online shopping, Vesta, Equifax

Vesta , the next-generation loan origination system (LOS), has announced its integration with The Work Number® from Equifax.

Key Points: 
  • Vesta , the next-generation loan origination system (LOS), has announced its integration with The Work Number® from Equifax.
  • This integration enables lenders using Vesta's LOS to effortlessly access robust verification of employment and income capabilities from The Work Number within the LOS interface.
  • "We are excited about the positive impact this integration will have on efficiency and outcomes for our customers.
  • This integration marks the beginning of an exciting relationship with Equifax, and we look forward to delivering even greater value to our customers," said Mike Yu, Vesta CEO.

Apex HCM Latest Net Promoter Score (NPS) Puts It At The Top Of HCM Software Companies

Retrieved on: 
Wednesday, November 16, 2022
Workplace, Payroll service bureau, Technology, The Work Number, Compliance, Software, Efficiency, Workers' compensation, Workforce, Industry, Equifax, Time, HR, VP, 100,000, NPS, HCM, ACA, ATS, Customer service, Online shopping, Apex

ROSWELL, Ga., Nov. 16, 2022 /PRNewswire-PRWeb/ -- Apex HCM, a leader in Human Capital Management Technology, has announced a 44% increase in its Net Promoter Score (NPS) to 39, a remarkably high score in the industry. NPS is the gold standard of customer experience metrics. It measures the loyalty of customers by asking them, on a scale of 1-10, how likely they are to recommend a product or service to others. A score of 39 reveals that Apex customers are considered "promoters" of the software and are loyal and enthusiastic customers.

Key Points: 
  • The recent survey showed an 44% increase in Apex's Net Promoter Score (NPS) to 39, a remarkably high score in the industry.
  • This score reveals that Apex HCM customers are highly likely to recommend the payroll and HR software to others.
  • ROSWELL, Ga., Nov. 16, 2022 /PRNewswire-PRWeb/ -- Apex HCM, a leader in Human Capital Management Technology, has announced a 44% increase in its Net Promoter Score (NPS) to 39, a remarkably high score in the industry.
  • A score of 39 reveals that Apex customers are considered "promoters" of the software and are loyal and enthusiastic customers.

Asure and Equifax Align to Deliver Integrated Verifications of Employment and Income

Retrieved on: 
Thursday, October 27, 2022
Cloud, Equifax Workforce Solutions, Government, NASDAQ, Life, Growth, CEO, Senior, ASUR, Income, HR, Work, Central, Technology, Human resource management, GLOBE, The Work Number, Public employment services in the European Union, Employment, NYSE, Investment, Tax, Equifax, Ownership, HCM, 100,000, Cryptocurrency, Renewable energy, Asure Software

The integration is designed to provide Asure clients and their employees the benefits of quicker, more secure verifications of employment and income from The Work Number within their existing core HCM technology stacks.

Key Points: 
  • The integration is designed to provide Asure clients and their employees the benefits of quicker, more secure verifications of employment and income from The Work Number within their existing core HCM technology stacks.
  • Joe Muchnick, Senior Vice President of Employer Services and Talent Solutions at Equifax Workforce Solutions, added, Equifax and Asure are both dedicated to deploying technology that helps fuel the growth of our respective clients.
  • With 584 million employment records, The Work Number database is the largest commercial source of consolidated employment information in the United States.
  • Powered by the Equifax Cloud, The Work Number provides credentialed verifiers a more secure, streamlined process for completing instant verifications for their employees.

Asure and Equifax Align to Deliver Integrated Verifications of Employment and Income

Retrieved on: 
Thursday, October 27, 2022
Cloud, Growth, NASDAQ, Human resource management, NYSE, ASUR, Senior, Public employment services in the European Union, The Work Number, Equifax Workforce Solutions, Tax, Technology, Investment, Human capital, Central, Employment, Income, Work, CEO, HR, 100,000, Government, HCM, Ownership, Cryptocurrency, Audit, Renewable energy, Asure Software, Equifax

AUSTIN, Texas and ATLANTA, Oct. 27, 2022 /PRNewswire/ -- Today, Asure Software, Inc. (NASDAQ: ASUR), a leading provider of human capital management (HCM) software solutions, and Equifax® (NYSE: EFX), a global data, analytics and technology company, announced a new integration making The Work Number from Equifax available to Asure direct customers and reseller partners. The integration is designed to provide Asure clients and their employees the benefits of quicker, more secure verifications of employment and income from The Work Number within their existing core HCM technology stacks.

Key Points: 
  • The integration is designed to provide Asure clients and their employees the benefits of quicker, more secure verifications of employment and income from The Work Number within their existing core HCM technology stacks.
  • Joe Muchnick, Senior Vice President of Employer Services and Talent Solutions at Equifax Workforce Solutions, added, "Equifax and Asure are both dedicated to deploying technology that helps fuel the growth of our respective clients.
  • With 584 million employment records, The Work Number database is the largest commercial source of consolidated employment information in the United States.
  • Powered by the Equifax Cloud, The Work Number provides credentialed verifiers a more secure, streamlined process for completing instant verifications for their employees.

Equifax to Enhance Pre-Employment Verification Services with New Talent Report™ Employment Staffing

Retrieved on: 
Tuesday, October 25, 2022
American, Employment, NYSE, Income, 100,000, Investment, Talent, Industry, American Staffing Association, Central, Work, Government, Equifax Workforce Solutions, The Work Number, Solution, Employment agency, Equifax

ATLANTA, Oct. 25, 2022 /PRNewswire/ -- Today, Equifax® (NYSE: EFX) announced the launch of Talent Report™ Employment Staffing, the first and only pre-employment verification service designed specifically to meet the unique needs of the staffing industry. By providing instant verifications of employment via The Work Number® database in a single, streamlined report, Equifax Workforce Solutions is helping staffing professionals fill roles more quickly and with greater confidence.

Key Points: 
  • ATLANTA, Oct. 25, 2022 /PRNewswire/ -- Today, Equifax (NYSE: EFX) announced the launch of Talent Report Employment Staffing, thefirst and only pre-employment verification service designed specifically to meet the unique needs of the staffing industry.
  • Faced with the dual challenges of high hiring volume and high turnover, staffing companies will be able to leverage Talent Report Employment Staffing to help support their employer clients with more efficient hiring processes.
  • Talent Report Employment Staffing is powered by The Work Number, providing the most complete employment and income verification coverage available, 24 hours a day, seven days a week.
  • Talent Report Employment Staffing will be available to the staffing industry in the first quarter of 2023.

Equifax and MeridianLink Expand Relationship to Support Streamlined Digital Lending Experiences

Retrieved on: 
Wednesday, October 12, 2022
Cloud, Identity verification service, Employment, Forbes, Credit union, NYSE, Privacy, Income, 100,000, Investment, Central, Work, Government, Equifax Workforce Solutions, The Work Number, Bank, Equifax

ATLANTA and COSTA MESA, Calif., Oct. 12, 2022 /PRNewswire/ -- Equifax®(NYSE: EFX) is expanding its integration of The Work Number®  with MeridianLink® (NYSE: MLNK) to now deliver instant verifications of employment and income to credit unions, banks and other lenders through the MeridianLink® Consumer Loan Origination System (LOS). This builds upon the existing integration serving MeridianLink Mortgage customers, all in support of a streamlined lending experience across the MeridianLink One platform.

Key Points: 
  • This builds upon the existing integration serving MeridianLink Mortgage customers, all in support of a streamlined lending experience across the MeridianLink One platform.
  • "Our new integration helps MeridianLink customers - such as credit unions and banks - make faster, data-driven decisions," said Shelly Nischbach, Vice President of Verification Services at Equifax Workforce Solutions.
  • "Importantly, it also helps MeridianLink customers deliver the type of low-friction lending experience that consumers have come to expect, from auto loans to personal loans and beyond."
  • Powered by the Equifax Cloud, its streamlined process provides the highest-class customer experience, quality, security and privacy.

Equifax Announces New Expedited Options for Manual Verifications of Income

Retrieved on: 
Friday, September 30, 2022
Income, Government, The Work Number, Work, NYSE, Investment, Central, Equifax Workforce Solutions, Verification, Priority, VOI, 100,000, Standard, Cryptocurrency, Renewable energy, Equifax

ATLANTA, Sept. 30, 2022 /PRNewswire/ -- Today, Equifax® (NYSE: EFX) announced enhancements to its manual verification of income (VOI) service from Equifax Workforce Solutions with Priority Next Day™ and Priority Two Day™ options, designed to help expedite the research process when information is not instantly available via The Work Number® database. As a result of these Priority enhancements, Equifax is further positioning itself as a resource of choice for customers to complete the verifications they need in support of quicker, more confident decisioning.

Key Points: 
  • As a result of these Priority enhancements, Equifax is further positioning itself as a resource of choice for customers to complete the verifications they need in support of quicker, more confident decisioning.
  • "Our customers rely on rapid verifications of income to help them meet the needs of consumers in today's fast-paced world,"said Scott Maxfield, Vice President for Verifications at Equifax Workforce Solutions.
  • Priority Next Day and Priority Two Day offerings deliver low-risk, high-value solutions by only charging customers for a completed Priority order.
  • For more information on Priority verifications of income and other verification services available from Equifax Workforce Solutions, click here .

Equifax Announces Enhancements to its Manual Verification Offerings for Mortgage Lenders

Retrieved on: 
Wednesday, August 24, 2022
Work, 100,000, NYSE, Friction, Solution, VOI, Central, VOE, Priority, Verification, The Work Number, Manual, Investment, GSE, Equifax Workforce Solutions, Automation, Government, Employment, Efficiency, Income, Audit, Equifax

ATLANTA, Aug. 24, 2022 /PRNewswire/ -- Today, Equifax® (NYSE: EFX) announced new options for mortgage lenders leveraging its manual verifications of employment and income from Workforce Solutions, including new automated ordering of reverifications of employment (RVOE) and additional Priority Next Day™ and Priority Two Day™ options. By offering an RVOE with a verification of employment (VOE) or verification of income (VOI) solution, Equifax is helping lenders to satisfy government-sponsored enterprise (GSE) or internal reverification requirements while reducing friction in the lending process. 

Key Points: 
  • By offering an RVOE with a verification of employment (VOE) or verification of income (VOI) solution, Equifax is helping lenders to satisfy government-sponsored enterprise (GSE) or internal reverification requirements while reducing friction in the lending process.
  • "These enhancements bolster our ability to provide the complete verification coverage that mortgage lenders need at each stage of the process, from loan origination through post-close."
  • Manual verifications from Equifax complement the instant service provided by The Work Number database, the industry-leading centralized commercial repository of income and employment information in the U.S.
  • When information is not instantly available digitally through The Work Number, the manual verification options also have built-in automation to help keep decision processes moving forward.

Mortgage lenders can now use FormFree's AccountChek to satisfy Freddie Mac's reverification of employment requirement

Retrieved on: 
Thursday, June 2, 2022
Work, VOA, PCV, Automation, Passport, LinkedIn, VOE, Income, AIM, Multimedia, Employment, ATP, Freddie Mac, Sleep, Industry, The Work Number, Real estate, Bank, Neotropical otter

Under Freddie Mac Single-Family Seller/Servicer Guide requirements, with limited exceptions, mortgage lenders must verify each borrower's employment during the initial loan application, then again within 10 days of the loan's closing date.

Key Points: 
  • Under Freddie Mac Single-Family Seller/Servicer Guide requirements, with limited exceptions, mortgage lenders must verify each borrower's employment during the initial loan application, then again within 10 days of the loan's closing date.
  • To fulfill the Freddie Mac 10-day PCV requirement, lenders have historically had to furnish a verbal, email or written verification of employment (VOE) or pay a third-party service provider for an electronic VOE report.
  • Now, with the latest enhancement to AIM, lenders can automatically satisfy the 10-day PCV requirement using account or payroll data using FormFree's AccountChek.
  • Freddie Mac describes the service as "an improved way to assess borrower employment" that offers superior speed, cost and fraud resistance compared to alternatives.