TORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Equifax Canada is excited to announce the successful completion of a multi-year cloud transformation of all customer products and platforms onto the Equifax CloudTM. This ambitious move allows Equifax Canada to help customers and partners leverage unique, proprietary Equifax data and patented EFX.AI capabilities to help them solve their business challenges, manage risk, and grow their business. The Equifax Cloud is a top-tier global technology and security infrastr ...

Equifax and Mastercard have partnered to provide fraud management tools to businesses in Latin America, excluding Brazil.This collaboration will make these tools available to Mastercard business customers in Latin America — including financial institutions, payment service providers, acquiring banks and merchants — through Equifax’s Kount Payment Fraud solution, the companies said in a Thursday (Dec. 5) press release.These tools — including Mastercard Identity, Ethoca Alerts and Ethoca Consumer Clarity — pr ...

Mastercard Now Offering Kount Payment Fraud Prevention and Chargeback Mitigation to Payment Providers and MerchantsATLANTA and NORTHAMPTON, Mass., Dec. 5, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) and Mastercard (NYSE: MA) have joined forces to empower Latin American financial institutions, payment service providers, acquiring banks, and merchants to overcome payment fraud challenges without disruption to the customer experience.Enhanced fraud management tools, including Mastercard Identity, Ethoca Alerts a ...

TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Equifax Canada’s latest Market Pulse Consumer Credit Trends Report reveals that while recent interest rate cuts have provided easing of financial pressures for some Canadians, other groups such as newcomers to Canada and consumers that are new to credit continue to face challenges. New to Credit and Newcomers to Canada As delinquency levels start to flatten out for some consumer segments, newcomers or consumers new to credit who have been credit active for 12-36 m ...

Investors in Equifax Inc. (EFX) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2024 $120.00 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mea ...

Equifax (EFX) is benefiting from its new EFX Cloud Data Fabric, and the innovation of its products using AI and ML. However, low liquidity and seasonality cast a shadow over its performance.The company’s revenues for 2024 and 2025 are expected to increase 8.7% and 11.6%, respectively, on a year-over-year basis. Earnings are anticipated to rise 9.2% in 2024 and 29.4% in 2025. The company has an expected long-term (three to five years) earnings-per-share growth rate of 14.6%.Factors That Auger Well for EFXIn ...

ATLANTA, Nov. 11, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) will participate in several upcoming investor conferences in November. Mark. W. Begor, Chief Executive Officer, will attend the J.P. Morgan 2024 Ultimate Services Conference on Thursday, November 14, 2024 including participation in a Fireside Chat at 1:10 p.m. Eastern Time. John Gamble, Chief Financial Officer, and Trevor Burns, Senior Vice President of Corporate Investor Relations, will attend the RBC 2024 Global Technology, Internet, Media & Comm ...

ATLANTA, Nov. 7, 2024 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced that Mark W. Begor will continue to serve as Chief Executive Officer (CEO) beyond the current expiration of his employment agreement in 2025."Over the last 6 years, Mark has provided a clear vision and strong, decisive leadership for Equifax. He has delivered strong financial results in the face of challenging economic conditions, growing revenue by 50% since 2018 despite a decline in the mortgage market of 34% in 2022 and 2023 and d ...

TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Equifax Canada has launched the Global Consumer Credit File, an innovative solution designed to empower lenders to make more confident credit lending decisions for newcomers to Canada. The solution creates a calibrated credit score using newcomers’ credit histories from their countries of origin. The platform offers lenders and newcomers to Canada a seamless and secure means to access global credit data which is essential in obtaining services such as housing, cred ...

My previous investment thought about Equifax (NYSE: EFX ) (published on 23 rd July) was a buy rating because I expected growth to accelerate back to high single-digit percentages and that the business FCF profile will get better. EFXI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium t ...