Equifax Inc. is a prominent provider of information solutions and human resources outsourcing services, operating in various sectors including financial services, telecommunications, and government. The company is structured into several segments: U.S. Information Solutions, Workforce Solutions, International, and Global Consumer Solutions. Its U.S. Information Solutions segment focuses on offering credit information, scoring, fraud detection, and consulting services. Workforce Solutions specializes in employment and income verification, as well as payroll and tax management services. The International segment provides a range of consumer and commercial information services, while Global Consumer Solutions delivers credit monitoring and identity theft protection directly to consumers. Founded in 1899 and headquartered in Atlanta, Georgia, Equifax serves clients across numerous industries in North America, Europe, and Latin America, making it one of the leading credit bureaus alongside Experian and TransUnion. The company plays a crucial role in facilitating credit decisions for lenders and has a significant portion of its revenue derived from its workforce solutions segment.
Vice President, Corporate Development of Equifax Canada
Robin Moriarty Ph.D
Senior Vice President, Strategy and Strategic Initiatives, International
Past deals in Credit Bureau
Boa Vista
Acquisition in 2023
Boa Vista is a Brazilian company that offers analytics solutions to take decisions in credit and business.
Profile Credit
Acquisition in 2023
Profile Credit specializes in providing accurate credit information services aimed at helping businesses manage bad debts more effectively. The company delivers specialized reports that cater primarily to the food and agricultural sectors. By utilizing bank records, vendor payments, and legal information, Profile Credit equips its clients with the necessary data to make swift and informed decisions regarding their credit management. This focus on expediency and precision allows clients to enhance their decision-making processes and mitigate risks associated with bad debts.
Data-Crédito
Acquisition in 2022
Data-Crédito is a consumer credit reporting agency in the Dominican Republic.
Ansonia Credit Data
Acquisition in 2020
Ansonia Credit Data, Inc., founded in 2006 and headquartered in Olympia, Washington, specializes in providing business credit reporting services and related technology products. The company offers a range of tools, including business credit reports, construction credit reports, online credit applications for streamlined credit decisions, and alert systems for early warnings on potential write-offs. Ansonia Credit Data also features analytical tools to assess receivables portfolios, along with research and fraud alerts. By delivering robust credit intelligence and continuously updated information at competitive prices, Ansonia serves business owners, executives, credit managers, and sales professionals, positioning itself as a leading alternative to traditional credit reporting services. As of July 2020, it operates as a subsidiary of Knowledge Works, Inc.
PayNet
Acquisition in 2019
PayNet is a credit ratings company focused on providing analytics and risk management solutions specifically for small businesses in the commercial credit sector. By gathering and analyzing up-to-date financial payment information from various lenders, PayNet generates predictions on small business performance. This enables lenders to identify growth opportunities within their portfolios while proactively managing risks by offering early warnings rather than post-event detection. Additionally, PayNet's predictive analytics assist lenders in forecasting default rates, allowing for better risk balancing and informed lending decisions. Overall, PayNet’s tools aim to enhance lenders' operational efficiencies and support sound financial practices in the small business lending space.
DataX
Acquisition in 2018
DataX Ltd. is a specialty finance credit reporting agency and alternative data provider based in Las Vegas, Nevada. Founded in 2004, the company offers a comprehensive database that includes demographic, financial, and trade line information for millions of consumers in the United States. DataX provides a suite of services designed to aid businesses in mitigating risk and improving profitability. These services encompass credit risk mitigation, fraud prevention, data verification, and authentication, benefiting various sectors such as specialty finance, marketplace lending, and consumer goods. By leveraging advanced credit reporting and alternative data, DataX helps businesses effectively manage risk, safeguard against fraud, reduce consumer acquisition costs, and enhance revenue opportunities. As of 2018, DataX operates as a subsidiary of Equifax Inc.
ID Watchdog
Acquisition in 2017
ID Watchdog, Inc., based in Denver, Colorado, specializes in identity theft detection, protection, and resolution services primarily for individuals and families in the United States. Through its subsidiary, Identity Rehab Corporation, the company offers a range of subscription-based solutions designed to monitor and safeguard personal information. These services include identity monitoring that alerts clients to suspicious activities related to their personal data, cyber monitoring that scans malicious online platforms for potential risks, and credit monitoring that tracks changes to credit reports. Additionally, ID Watchdog provides resolution services to assist clients in addressing identity theft issues, including a comprehensive identity restoration solution. Founded in 2005, the company employs proprietary technology to search thousands of databases for unauthorized use of personal information, ensuring timely alerts and effective management of identity-related threats. As of August 2017, ID Watchdog operates as a subsidiary of Equifax Consumer Services, Inc.
Veda Advantage
Acquisition in 2015
Veda Advantage is a data analytics company recognized as the leading provider of credit information and analysis in Australia and New Zealand. Established in 1967, Veda originated as a credit bureau and has since broadened its offerings to include a range of credit and analytical products tailored to various customer needs and industry segments. Clients utilize Veda's data intelligence to assess credit risk, verify identities, conduct employee background checks, minimize identity theft and fraud, and implement digital marketing strategies. In February 2016, Veda was acquired by Equifax Inc., a prominent global information solutions provider. This partnership enhances Veda's capabilities, allowing it to leverage Equifax's extensive data resources and innovative analytics, thereby enabling customers to make well-informed decisions.
Forseva
Acquisition in 2014
Forseva is a provider of cloud-based applications that focus on credit and collections management, enabling companies to efficiently evaluate customer credit risk, automate credit monitoring, and enhance collections activities. Its flagship product, ForsevaTRM, offers an integrated solution that aligns sales, credit, and collections management, thereby streamlining workflows and improving decision-making throughout the quote-to-cash process. The company serves a diverse range of clients, including BNSF Railway, Hitachi Data Systems, Ingram Micro, LinkedIn, AmerisourceBergen, and Regions Bank. Founded in October 2009 and headquartered in Chicago, Illinois, Forseva was acquired by Equitax in February 2014.
TDX Group
Acquisition in 2014
TDX Group is a global data and technology company based in Nottingham, UK, that specializes in providing creditors with tools and services to optimize returns from debt portfolios. With over 300 employees, the company operates internationally across Spain, South America, Australia, and North America. TDX Group is structured into two primary divisions: TDX Creditor Solutions and TDX Industry Solutions. TDX Creditor Solutions focuses on core technology platforms that assist creditors in managing debt collection, debt sales, and insolvencies across various sectors, including financial services, telecommunications, media, utilities, public sector, and healthcare. This division also offers advisory services to enhance existing debt management processes. Meanwhile, TDX Industry Solutions delivers technology and services tailored for debt collection agencies, debt management companies, debt purchasers, and insolvency practitioners, enabling more effective management of consumer debt. Founded in 2004 by Mark Onyett, TDX Group has received significant venture capital investments to support its growth and technological advancements.
IntelliReal
Acquisition in 2011
IntelliReal, LLC specializes in real estate intelligence software solutions, focusing on data analytics and automated property valuations tailored for the financial services sector. Founded in 2005 and based in Denver, Colorado, the company manages extensive data concerning residential properties and housing communities across the United States. Its key offerings include the Intelligent Automated Valuation Model, which converts real property data into actionable business insights, and the Intelligent House Price Index, which reports on residential real estate volatility. The proprietary technology and data aggregation system further enhance data analytics and valuation capabilities. IntelliReal's solutions cater to various aspects of the residential mortgage process, including marketing, servicing, loss mitigation, and secondary markets, serving banks, mortgage servicers, government-sponsored enterprises, and real estate firms through a network of resellers and partners. IntelliReal operates as a subsidiary of Equifax Inc.
Austin-Tetra
Acquisition in 2006
Austin-Tetra, Inc. specializes in outsourced data management services for corporations and large institutions. The company offers a range of services including supplier and customer data management, as well as comprehensive business information services such as corporate ownership linkage, industry and product categorization, business demographics, credit scoring, and risk analysis. Austin-Tetra serves various sectors, including automotive, healthcare, financial services, and manufacturing, among others. The company also provides business-to-business data management software that facilitates supplier management, strategic sourcing, and customer relationship management. Founded in 1993 and based in Irving, Texas, Austin-Tetra operates as a subsidiary of Equifax Inc. and maintains strategic partnerships with notable firms such as A.T. Kearney, PRG-Schultz, and SAS Institute.
APPRO Systems
Acquisition in 2005
APPRO Systems is a provider of comprehensive, automated credit risk management and financial technologies for the Internet and traditional lending environments.
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