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.
Equifax has completed its acquisition of Appriss Insights, enhancing its Workforce Solutions unit with advanced risk intelligence data. The transaction, announced on August 10, 2021, expands Equifax's verification capabilities and positions the company to penetrate the $5 billion U.S. talent acquisition market and the $2 billion U.S. government social services market. This strategic move is expected to support future growth by broadening data offerings and strengthening relationships with employers and government agencies.
Equifax (NYSE: EFX) announced a partnership with the National Association of Minority Mortgage Brokers of America (NAMMBA) on Sept. 29, 2021, aimed at addressing housing needs in underserved communities. This collaboration will help expand access to credit and enhance financial literacy, particularly for diverse borrower groups, as NAMMBA estimates 75% of first-time homebuyers over the next five years will be women, millennials, or people of color. Equifax aims to utilize its data services to support these initiatives and promote financial inclusion.
Equifax (NYSE: EFX) has launched a free, translated credit report in Spanish, catering to over 62 million Spanish-speaking consumers in the U.S. This initiative marks Equifax as the first credit bureau to provide online and mailed Spanish credit reports. The move aligns with Equifax's commitment to advancing financial inclusion and enhancing consumer understanding of credit. Equifax aims to empower historically underserved communities, ensuring individuals can access their credit profiles to make informed financial decisions.
Equifax has completed the acquisition of Teletrack, a leader in alternative credit data, from CoreLogic, announced on July 27, 2021. This acquisition will enhance Equifax's DataX business, creating a leading specialty consumer reporting agency with insights on over 80 million consumers. The transaction, part of Equifax's $3 billion acquisition strategy in 2021, is not expected to materially impact 2021 financial results. The integration, supported by Equifax's cloud infrastructure, aims to improve access to credit through alternative data insights, benefiting lenders and consumers alike.
Equifax (NYSE: EFX) has launched a new cloud-based Digital Identity Suite to meet the evolving needs of the multi-family property market amid rising rental demand due to shifting consumer migration patterns. This suite aims to protect renters and property owners from identity fraud, reduce application friction, and streamline tenant screening. With over 44 million households currently renting in the U.S., the service helps property managers make informed decisions using real-time identity verification. Industry experts predict a continued increase in rental demand over the next five years.
Equifax (NYSE: EFX) announced a quarterly dividend of $0.39 per share, payable on Sept. 17, 2021, to shareholders on record as of Sept. 7, 2021. This marks over 100 consecutive years of cash dividend payments, reflecting the company's stability and commitment to returning value to shareholders. Equifax operates in 24 countries and employs over 12,000 personnel globally, underscoring its significant role in the economic landscape by providing data and analytics to various sectors.
Equifax (NYSE: EFX) announced an exclusive integration with the National Student Clearinghouse to enhance its pre-employment verification services. The new Talent Report Education will provide employers with a streamlined solution for accessing postsecondary degree information from 94% of U.S. four-year colleges through a single inquiry. This initiative responds to increased employer demand for comprehensive candidate data and aims to facilitate quicker, more informed hiring decisions.
Equifax (NYSE: EFX) has partnered with Snowflake to offer its differentiated data through the Snowflake Data Marketplace. This allows data scientists and analysts to access live, ready-to-query datasets, including consumer credit trends and commercial marketing data, enhancing decision-making capabilities. The collaboration leverages Equifax Cloud infrastructure, ensuring rigorous data security and compliance. Notable offerings include U.S. Consumer Credit Trends and IXI economic data, representing over $20 trillion in consumer assets.
Equifax (NYSE: EFX) is now offering its differentiated data assets through AWS Data Exchange, enhancing access to consumer and loan-level credit data. This initiative is part of Equifax's Cloud strategy, facilitating improved decision intelligence for business customers. The datasets include U.S. Consumer Credit Trends and B2bConnect commercial marketing data, among others. Equifax has invested $1.5 billion in its infrastructure to support these data offerings. The integration underscores Equifax's commitment to data security, compliance, and enhancing customer growth.
