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EQUIFAX ANNOUNCED it has closed the acquisition of Midigator, a provider of post-transaction fraud mitigation solutions. Midigator was founded in 2013, and offers a technology platform designed to not only automate the dispute response process, but to provide the real-time data businesses need to know why chargebacks are occurring in the first place and better understand their customers.
To Our Valued Customers and Consumers, Equifax has invested over $1.5 billion over the last few years to undertake a complete technology transformation that is changing nearly every facet of our infrastructure. We are aggressively working to complete this transformation, which is one of the largest cloud initiatives ever undertaken in our industry.
ATLANTA, July 20, 2022 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced financial results for the quarter ended June 30, 2022.
ATLANTA, July 7, 2022 /PRNewswire/ -- Today, Equifax® (NYSE: EFX) announced that applications are open for its second annual developer challenge and accelerator program in partnership with 1871, a Chicago-based business incubator that supports early stage tech start-ups, growth stage tech leaders and corporate innovators. Following the success of the inaugural Equifax Accelerate in 2021, Equifax is continuing the program to challenge U.S.-based software developers to create transformative solutions designed to foster financial inclusion and improve access to services with the powerful suite of Equifax Cloud™-enabled Application Programming Interfaces (APIs).
THE HUMAN RESOURCES PROFESSION IS BURSTING WITH INNOVATION – as evidenced by this year’s Society for Human Resources Management (SHRM) Annual Conference and Expo in New Orleans – where industry leaders, influencers and changemakers gathered to share insights and best practices for making a positive impact on the workplace. Experts from Equifax Workforce Solutions had a strong presence at SHRM with a CONNECT networking event, live demos at its exhibition booth and a speaker session on the “Top 5 Risky Onboarding and Employee Forms Myths.”
Equifax was recognized as a Google Cloud Customer of the Year for the second year in a row for its innovation in cloud-native technology and financial inclusion. After earning the Financial Services Google Cloud Customer Award last year, Equifax has now won Google Cloud Customer Awards in two categories: Diversity, Equity and Inclusion as well as Financial Services. These awards underscore the power of the company’s $1.5 billion technology and security investment to build the Equifax Cloud™, as well as its deep commitment to expanding access to and understanding of credit — especially to vulnerable and historically underserved communities.
KOUNT, AN EQUIFAX COMPANY, IS EXPANDING its international operations. The organization, which already helps to protect more than 9,000 businesses worldwide, is growing its business in the United Kingdom and expanding the availability of its award-winning digital identity trust and fraud prevention solutions in Australia, Argentina, Chile and Peru.
Equifax Board of Directors Declares Quarterly Dividend
"We delivered a very strong First Quarter, with our ninth consecutive quarter of double-digit revenue growth. Our First Quarter revenue of $1.363 billion was the highest quarterly revenue in our history, up 12% despite the 24.5% decline in the U.S. mortgage market. Workforce Solutions, which is approaching half of Equifax total revenue, again powered our results, with total growth of 33% and organic growth of 20%, along with strong 10% local currency growth contributed from International," said Mark W. Begor, Equifax Chief Executive Officer.
Equifax will host a conference call at 8:30 a.m. Eastern Time (ET) on April 21, in which senior management will discuss financial and business results for the quarter. Related presentation materials will be published on investor.equifax.com on April 21 at 6:30 a.m. ET.
