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September 18, 2024
On the wires
Equifax Introduces Cloud-Based Merchant Data Network to Support U.S. Small Business Lending
PR News Wire
March 27, 2023
On the wires
Equifax Introduces New OneScore Scoring Model to Help Expand Access to Credit and Drive Financially Inclusive Lending
PR Newswire
March 3, 2023
On the wires
Kount, an Equifax Company, Announces New Identity and Payments Platform
PR Newswire
November 17, 2022
On the web
NMI Partners With Kount, an Equifax Company, to Enhance Advanced Fraud Protection for Independent Software Vendors
NMI.com
“NMI, a leading full commerce-enablement technology company, today announced a product collaboration with Kount, an Equifax Company, and the leader in digital identity trust, fraud, and chargeback prevention, to enhance fraud protection for independent software vendors (ISVs), independent sales organizations (ISOs), and merchant partners. Kount solutions from Equifax are designed to detect and prevent fraud for e-commerce, m-commerce, and card-not-present transactions. Through this partnership, Kount technology will be made available to NMI’s customer base on top of the company’s proprietary solution, NMI Advanced Fraud Prevention, which sets extensive filters to detect suspicious transactions before they are approved. Payment fraud is on the rise, considering merchant losses to online payment fraud are expected to exceed $206 billion between 2021 and 2025. Layering Kount technology on top of the NMI Fraud Prevention platform is designed to provide ISVs, ISOs, and merchants with a greater ability to detect and mitigate fraud through the Kount real-time risk analysis and fraud assessment capabilities. This will also be the first third-party solution available in NMI’s App Marketplace and further expands the company’s ability to support full commerce enablement.”
March 23, 2022
On the web
Tech workers are upset their companies are sharing payroll data with Equifax. Here’s what’s going on
Washington Post
“A Google worker last month posted on an internal forum that they’d recently learned the company was sharing detailed payroll information with Equifax, a data broker infamous for getting hacked and losing the data of millions of people in 2017. Why exactly was Google doing that, and what could the company do to make sure workers’ information wasn’t being shared against their will? The post attracted attention internally, according to two workers who participated in the virtual town hall and spoke on the condition of anonymity for fear of retribution, and employees voted for it as one of the top questions they wanted executives to answer at the company’s regular town hall meeting.”
July 22, 2019
On the web
Equifax to Pay at Least $650 Million in Largest Data-Breach Settlement Ever
New York Times
“The credit bureau Equifax will pay at least $650 million and potentially significantly more to end an array of state, federal and consumer claims over a 2017 data breach that exposed the sensitive information of more than 147 million people. The breach was one of the most potentially damaging in an ever-growing list of digital thefts. The settlement, which was announced on Monday and still needs court approval, would be the largest ever paid by a company over a data breach. The deal requires Equifax to put a minimum of $380.5 million into a restitution fund for American consumers who file claims showing that they were financially harmed.”
September 20, 2018
On the web
Equifax fined by ICO over data breach that hit Britons
BBC
“Credit rating agency Equifax is to be fined £500,000 by the Information Commissioner’s Office (ICO) after it failed to protect the personal data of 15 million Britons. A 2017 cyber-attack exposed information belonging to 146 million people around the world, mostly in the US.”
March 8, 2018
On the web
Free Credit Freezes Coming for All U.S. Consumers
Wall Street Journal (Paywall)
“The bipartisan agreement, set to be approved in the Senate by next week as part of a broader banking bill, would require credit-reporting companies to let consumers block access to their credit reports to potential lenders without paying a fee. Freezing access to credit data is a crucial measure consumers can take if they want to protect themselves from identity theft.”
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