Equifax (Credit scoring+Open Banking)

Equifax (Credit scoring+Open Banking)
Description:

Equifax uses Open Banking for credit scoring and to achieve automated digital income verification, identity verification, collections management, and credit risk decisions. The company also offers white-labeled Open Banking as a service and API access to companies making credit decisions. Equifax has gone all-in by acquiring Open Banking provider, AccountScore in 2021.

Phase:
Live
Industry:
Data and decision analytics
Niche:
Credit scoring, fraud prevention & regulatory compliance.