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Originally published by Equifax Gain market advantage with in-depth portfolio analysis PortfolioID Advantage™ provides a comprehensive view into the credit profile of your customers to help optimally manage portfolio performance while minimizing risk exposure. By evaluating your portfolio against the Equifax database of credit active consumers, PortfolioID Advantage delivers deeper consumer insights to enable your business to effectively: PortfolioID […]
Changes to MLA website going into effect making it more cumbersome to verify manually. Now is the time to stop manual research and get alerts on credit instead! Around June 27, 2019, DMDC will make significant changes to the Military Lending Act (MLA) website (https://mla.dmdc.osd.mil) to enhance security of the site and better protect the […]
Credit unions and small- to mid-size businesses may be a perfect match By Miranda GlancyOriginally published by Equifax Insights As credit unions look for ways to expand offerings and diversify asset portfolios, one area that is often overlooked is business lending. Many credit unions have avoided business loans altogether, focusing instead on individual members, and occasionally, […]
New collaboration combines multiple data assets to deliver broad actionable insights to lenders ATLANTA, Oct. 15, 2018 /PRNewswire/ — Equifax Inc. (NYSE: EFX), a global information solutions company, today announced that it is working with Yodlee, a financial data aggregation and data analytics platform, to help simplify the mortgage loan process by making it easier for lenders […]
Fully automating the assessment of borrower income to meet underwriting and eligibility requirements ATLANTA, Oct. 15, 2018 /PRNewswire/ — Equifax Inc. (NYSE: EFX), a global information solutions company, today announced that it is working with Freddie Mac to create a simpler, faster and less costly path for lenders, and ultimately consumers, through its income verification tool, The […]
Consumer Disclosure Fulfillment Outsourcing A live virtual interview with John Keilholz, Senior Vice President of Consumer Lending at Hancock Whitney Bank With each passing legislative session, the regulatory compliance burden gets heavier. How do small to medium-sized financial services providers stay true to their charter of serving their markets? One answer is outsourcing disclosure fulfillment. […]
Meet Credit Union Members Where They Want to Do Business By Miranda GlancyOriginally published by Equifax Insights It takes more than a “smile and a handshake” to develop a relationship with members these days. Consider that nearly 40-percent of Americans say they haven’t walked through the door of a bank or credit union in the last […]
Survey finds confidence in regulatory environment fueling interest in digital technology adoption ATLANTA, Aug. 29, 2018 /PRNewswire/ — Automation is the most common near-term priority for mortgage lenders according to a recent survey conducted by SourceMedia and sponsored by Equifax(NYSE: EFX), which also notes one in four lenders will focus on improving analytics and data intelligence […]
Provides customers tools to construct and deploy models better, faster and in a more flexible manner ATLANTA, Aug. 22, 2018 /PRNewswire/ — Equifax, a global information solutions company, is revolutionizing the way data scientists build and deploy predictive models with its new AI-enabled Advanced Model Engine. The tool is a modular model development and deployment library […]
Group Triples Cash-Rate for Live Check Direct Marketing Campaigns Consumer finance providers offer short-term, small-dollar loans to consumers who may encounter an emergency that requires an out of budget expense, or those who may need to cover a gap between paychecks to meet payment obligations. The Challenge While consumer finance companies largely rely on their […]
