Equifax Inc. provides information solutions and human resources business process outsourcing services for businesses, governments and consumers. The company’s products and services are based on comprehensive databases of consumer and business information derived from various types of credit, financial assets, telecommunications and utility payment, employment, income, public record, demographic and marketing data. The company uses statistical techniques and proprietary software tools to analyze all available data, creating customized insights, decision-making solutions and processing services for its clients. It helps consumers understand, manage and protect their personal information and make more informed financial decisions. Additionally, the company is a provider of payroll-related and human resource management business process outsourcing services in the United States of America, or U.S. The company operates in three global regions: North America (U.S. and Canada), Europe (the United Kingdom, or U.K., Spain and Portugal) and Latin America (Argentina, Chile, Costa Rica, Ecuador, El Salvador, Honduras, Mexico, Paraguay, Peru and Uruguay). The company also maintains support operations in the Republic of Ireland. Segments The company is operates in five segments: U.S. Consumer Information Solutions (USCIS), International, Workforce Solutions, North America Personal Solutions, and North America Commercial Solutions. USCIS The USCIS segment provides consumer information solutions to businesses in the U.S. through three business units, as follows: Online Consumer Information Solutions (OCIS): OCIS products are derived from multiple large and comprehensive databases of consumer information that the company maintains about individual consumers, including credit history, credit status, payment history and consumer address information. The company’s clients utilize the information and analytical insights to make decisions for a range of financial and business purposes, such as whether, and on what terms, to approve auto loans or credit card applications, whether to allow a consumer to open a new utility or telephone account. In addition, this information is used by its clients for cross selling additional products to existing customers, improving their underwriting and risk management decisions, and authenticating and verifying consumer identities. The company also sells consumer and credit information to resellers who combine its information with other information to provide services to the mortgage, fraud and identity management, direct to consumer monitoring and other end user markets. The company’s software platforms and analytical capabilities can integrate all types of information, including third-party and client information, to enhance the insights and decisioning process to help further mitigate the risk of granting credit, predict the risk of bankruptcy, indicate the applicant’s risk potential for account delinquency, ensure the identity of the consumer, and reduce exposure to fraud. These risk management services enable its clients to monitor risks and opportunities and proactively manage their consumer portfolios. OCIS clients access products through a range of electronic distribution mechanisms, including direct real-time access, which facilitates instant decisions. The company also develops and hosts customized applications that enhance the decision-making process for its clients. These decisioning technology applications assist with a variety of decisioning activities, including determining pre-approved offers, cross-selling of various products, determining deposit amounts for telephone and utility companies, and verifying the identity of their consumer customers. Mortgage Solutions: The company’s Mortgage Solutions products, offered in the U.S., consist of specialized credit reports that combine information from the three major consumer credit reporting agencies (Equifax, Experian Group and TransUnion LLC) into a single ‘merged’ credit report in an online format, commonly referred to as a tri-merge report. Mortgage lenders use these tri-merge reports in making their mortgag
equifax inc (EFX:New York)
1550 Peachtree Street, N.W.
Atlanta, GA 30309
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