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Resources tagged "Banks"

Are you confident in your AML and KYC programs?

Avoid costly fines and a damaged reputation In today’s volatile marketplace, organizations face many challenges—including the need to comply with various regulations while attempting to better assess account risk and minimize exposure and losses. Enlist Confluent Strategies and Equifax to help you build out stronger Know Your Customer (KYC) and Anti-Money Laundering (AML) programs. We […]

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You might be breaking the law without knowing it.

Standard credit report vs. employment report The credit report you pull to make lending decisions is not the same as the report you run for employment purposes. If you’re using them interchangeably, then you are not adhering to FCRA requirements. When obtaining a consumer report for employment purposes, you must: notify the individual in writing that you […]

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Leverage differentiated data to open new DDA accounts.

One strike doesn’t mean they’re out. The underserved market likely includes people you know.A passed-over consumer might be a friend who bounced a check one time or a neighbor who pays cash for everything. Equifax Insight Score for Retail Banking (ISRB) enables you to capture expanded opportunities with confidence by providing more comprehensive views of […]

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Should you be doing more frequent Account Reviews?

Let’s find the ideal frequency of your Account Reviews. Now more than ever, frequent Account Reviews are critically important to your business. As the economy continues to rebound, I can help you understand your changing consumer risk, leverage seasonal opportunities, and equip you to take action. Do you wonder… Who will be able to pay their commitments […]

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Market your campaigns with earlier, increased holiday shopping in mind.

Align your holiday campaigns with shoppers’ early schedules. This year, many Americans will be looking to make up for the “missed” holidays of 2020, and to account for perceived supply-chain issues, shoppers will start early. Last year, 70% of shoppers planned to shop early to avoid crowds and out-of-stock items, according to Google product marketing manager Erin […]

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Maximize your refi programs for lower-income borrowers.

Fulfill your CRA obligations with new Fannie Mae and Freddie Mac refi programs. New options for low-income borrowers who want to refinance Fannie Mae RefiNow and Freddie Mac Refi Possible are aimed at lower-income homeowners who have not taken advantage of record-low interest rates to refinance their mortgages. Lenders are required to reduce the borrower’s monthly payment […]

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Reward employees, engage consumers with proactive credit monitoring.

Big impact. Big savings. Take advantage of our personal credit monitoring discount. Equifax personal credit monitoring offers peace of mind. You can offer proactive* personal credit monitoring to a targeted consumer segment or your employees at a discounted rate when you purchase the activation codes from us. Choose the plan that’s right for you! Equifax Credit Watch™ Gold […]

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Stay a step ahead of identity theft and synthetic ID fraud.

As more transactions move into the digital space, you’re likely challenged with detecting increasingly prevalent identity theft and more sophisticated application fraud. FraudIQ® Identity Scan Alerts are an excellent first line of defense, helping you identify both true name and synthetic identity fraud, which can assist in reducing charge-offs and other losses. Identity Scan Alerts help identify potential […]

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5 Holiday Audiences to Reach Before the End of the Year

Better marketing is powered by better data Want to know which online audiences you should be reaching this upcoming holiday season? Our Digital Targeting Segments can help you deliver your holiday promotions to the right audiences. Use our Digital Targeting Segments to reach the right online audiences just in time for high-potential shoppers to spend their cash. […]

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The new year will be here before you know it!

As you strategically plan and budget for 2022, we’d like to remind you that Equifax provides a wide range of solutions and capabilities beyond our traditional credit reports. If your strategic plan for 2022 includes priorities in technology, fraud prevention, online banking, risk management, new account acquisition, and/or process automation, consider how Equifax’s robust suite […]

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