OnboardConnect uses Equifax data and tech expertise to help organizations onboard new businesses for B2B transactions.

All-in-one solutions that combine B2B payments with accounting, invoicing, or supply management, like Intuit QuickBooks does and Equifax is exploring. Incorporating machine learning and AI, following the lead of Bill.com and Wells Fargo, to speed processes and reduce fraud. B2C Payments.

It also supports a trend seen earlier this year: In March 2021, there were nearly 6 million US credit card openings, up from 4.54 million in March 2020, per Equifax. How we got here: An aggressive customer acquisition push from card issuers earlier in the year contributed to the surge in applicants.

“These companies already know Equifax, which makes it an easier row to hoe because we are already plugged in with our other business units.”. Content, Orchestration and Alignment. Selecting and prioritizing accounts, though a huge undertaking, is just the beginning.

In February, Equifax acquired open banking-powered data analytics provider AccountScore.

The news: Demand for credit card acquisition is rising, with nearly 6 million US credit card openings in March 2021, up from 4.54 million in March 2020, according to data from Equifax cited by The Wall Street Journal.

With more than 30 years of data marketing and information services leadership experience, Kevin was most recently the president and general manager at Experian Targeting and spent 10-years in executive roles at Equifax. Moderator.

These federal US laws expressly apply to credit reporting agencies, such as Experian, Equifax, and TransUnion, as well firms like FICO, Acxiom, and LexisNexis that provide scoring products that impact protected areas, like access to financial opportunities, housing, and employment.