Welcome to our dedicated page for Equifax news (Ticker: EFX), a resource for investors and traders seeking the latest updates and insights on Equifax stock.
Equifax Inc (NYSE: EFX) is a global leader in consumer credit reporting and data analytics, providing essential insights for financial institutions and businesses. This dedicated news hub offers investors and professionals centralized access to official updates and market-moving developments.
Find carefully curated press releases covering EFX's financial performance, technology innovations, and strategic partnerships. Our collection includes earnings announcements, regulatory updates, and progress reports on key initiatives like cloud migration and AI-driven product development.
Key areas of coverage include:
• Quarterly financial results
• Data security enhancements
• Workforce solutions expansion
• Global market initiatives
Bookmark this page for streamlined tracking of Equifax's evolving position in the credit reporting industry. Check regularly for authoritative updates that matter to stakeholders in financial services and data analytics sectors.
The Equifax Board of Directors has declared a quarterly dividend of $0.39 per share, payable on Dec. 15, 2021, for shareholders of record as of the close of business on Nov. 24, 2021. This marks over 100 consecutive years of cash dividend payments, demonstrating the company's commitment to returning value to shareholders. Equifax operates globally, providing critical data and analytics services to various sectors, supporting financial institutions and government agencies in decision-making.
Equifax (NYSE: EFX) has announced an expansion of its Environmental, Social, and Governance (ESG) commitments, including annual quantitative disclosures in line with the Sustainability Accounting Standards Board (SASB) framework. The company aims for net-zero greenhouse gas emissions by 2040, driven by its transition to the Equifax Cloud, which will reduce its operational footprint. Equifax also disclosed its Equal Employment Opportunity (EEO-1) report, highlighting a diverse workforce, with 45% of employees identifying as women and 42% from diverse racial groups.
Equifax (NYSE: EFX) has enhanced its cloud-based OneView™ report, now incorporating alternative data insights from DataX. This improvement aims to assist lenders by providing a comprehensive view of consumers' financial profiles, addressing the needs of the 63 million unbanked or underbanked individuals in the U.S. The enhanced report delivers vital data in a visually accessible format, allowing businesses to make informed decisions. Current users can access the new features immediately, while new customers can explore them via Equifax's API portal.
Equifax (NYSE: EFX) is set to host a virtual Investor Day on November 10, 2021, from 8:30 a.m. to 12:00 p.m. ET. The event will cover the company's EFX2023 strategy, detailing long-term financial frameworks, capital allocation, and the impact of the Equifax Cloud on innovation and growth. Key executives, including CEO Mark W. Begor and CFO John Gamble, will present. Interested attendees can register using passcode EFX_ID2021, and the replay will be available from November 11 at investor.equifax.com.
Equifax reported record third quarter revenue of $1.22 billion, reflecting a 14% increase year-over-year. Workforce Solutions revenue surged 35%, marking the tenth consecutive quarter of double-digit growth. Despite revenue gains, net income fell 10% to $205.4 million, and diluted EPS decreased 11% to $1.66. The company has raised its guidance for full-year revenue to a range of $4.901 billion to $4.921 billion. Strategic acquisitions are positioned to enhance future growth and drive innovation.
Equifax (NYSE: EFX) announced new expedited options for manual verifications of employment, offering Priority Next Day™ and Priority Two Day™ services. These options aim to improve turnaround times for verifiers, setting a standard in the industry for rapid employment verification. Priority Next Day VOE ensures requests are fulfilled by 11:59 p.m. CT the next business day, while Priority Two Day VOE completes requests by 11:59 p.m. CT two business days later. Equifax processes over 500,000 verifications daily, enhancing its service efficiency.
Equifax (NYSE: EFX) has launched its Digital Identity as a Service solution to enhance fraud detection for businesses. This service will be integrated into Bonifii's MemberPass, providing credit unions with improved identity verification capabilities. By utilizing cloud technology, Equifax enables secure and scalable real-time insights to combat sophisticated fraud attempts. The service allows users greater control over their personal information, improving user experience and reducing identity fraud risks. This partnership marks Bonifii as the first adopter of the new service.
Equifax (NYSE: EFX) will announce its third-quarter financial results for the period ending September 30, 2021, on October 20, after market close. A conference call hosted by senior management is scheduled for October 21 at 8:30 AM ET to discuss the quarterly results, with presentation materials to be available on their investor website on the same day at 6:30 AM ET. An audio replay of the call will be accessible starting October 22. Equifax operates globally, providing data, analytics, and technology to support critical decision-making across various sectors.
Equifax (NYSE: EFX) announced a new integration of The Work Number® with isolved™ to facilitate automated employment and income verification. This integration enhances the isolved People Cloud platform, improving the speed and accuracy of data transfer for credentialed verifiers. It aims to streamline processes for employers and provide employees with immediate verification, enhancing their privacy and reducing human error. This service will be available at no additional cost to isolved customers, promoting efficiency for HR departments and supporting employees during critical life milestones.
