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Equifax Announces Acquisition of Vault Verify
Prnewswire· 2025-11-17 21:15
Core Insights - Equifax has completed the acquisition of Vault Verify, enhancing its employment and income verification services to help employers and verifiers make informed decisions more efficiently [1][2][3] Company Overview - Equifax is a global data, analytics, and technology company that plays a crucial role in the economy by assisting financial institutions, companies, employers, and government agencies in making confident decisions [5] - The company is headquartered in Atlanta and employs nearly 15,000 people worldwide, operating in 24 countries across various regions [5] Acquisition Details - Vault Verify, founded in 2012, specializes in real-time, API-based employment and income verification services, primarily serving the healthcare sector [2][3] - The acquisition is expected to streamline verification processes for consumers applying for jobs, mortgages, and social services [2][3] Strategic Impact - The integration of Vault Verify into Equifax's operations is facilitated by the Equifax Cloud transformation, allowing for rapid deployment of enhanced verification capabilities [2] - The acquisition is positioned to improve the overall efficiency of Equifax's verification services, benefiting both employers and consumers [3]