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Equifax Introduces Complete Income™ for Social Services
Prnewswire· 2025-06-16 11:45
Core Insights - Equifax has launched Complete Income™, a new solution aimed at helping government agencies efficiently verify income for social service benefits, particularly for applicants with alternative income sources [1][2][4] - The solution will be available in August 2025 and is designed to streamline the income verification process for programs like Medicaid and SNAP [1][2] Group 1: Product Features - Complete Income provides automated income verifications through a single workflow, delivering two structured outputs: Social Service Verification Reports and the Income and Expense Connect Solution [1][3] - The Social Service Verification Reports include W-2 payroll information from over 4.4 million employers, while the Income and Expense Connect Solution incorporates bank deposit data from 92% of U.S. financial institutions [1][3] - The solution allows caseworkers to receive instant reports and alerts when applicants submit their alternative income and self-reported income and expenses, offering a comprehensive view of an applicant's financial situation [3][4] Group 2: Industry Context - The U.S. workforce has become increasingly complex, with nearly 35 million independent workers added in the past four years, complicating income verification for government agencies [2] - Traditional payroll records suffice for many applicants, but self-employed individuals present unique challenges that can delay benefits decisions [2] - The Complete Income solution addresses these challenges by providing a more efficient and secure method for income verification, enabling better-informed eligibility determinations [2][4] Group 3: Benefits to Stakeholders - The new solution enhances the experience for agencies, caseworkers, and applicants, allowing agencies to serve constituents more efficiently and caseworkers to focus on more impactful tasks [4] - Applicants benefit from a simplified process and faster benefits decisions, improving overall service delivery [4]
Equifax Announces Agenda for 2025 Investor Day on June 17
Prnewswire· 2025-06-10 11:45
Core Insights - Equifax is hosting its 2025 Investor Day on June 17, focusing on growth strategies post-cloud transition, utilizing Equifax Cloud™ and EFX.AI™ for product innovation and multi-data solutions [1][2] Event Details - The Investor Day will start at 9:00 a.m. ET and is expected to conclude around 12:30 p.m. ET [1] - The event will be webcast live, with registration available online, and related materials will be published on the investor relations site on June 17 at 6:30 a.m. ET [2] Company Overview - Equifax operates as a global data, analytics, and technology company, aiding various sectors in making informed decisions [3] - The company is headquartered in Atlanta and employs nearly 15,000 individuals across 24 countries [3] Leadership Presentations - Presentations will be made by senior leadership, including the CEO, CTO, and CFO, covering topics such as cloud-native growth, differentiated data, and product innovation [5]
Equifax Launches B2bConnect Commercial Marketing Data in the Equifax Cloud™
Prnewswire· 2025-05-15 11:45
Core Insights - Equifax has launched B2bConnect, a cloud-based platform designed to enhance the efficiency of B2B marketing efforts by providing near real-time access to commercial marketing data [1][2] - The platform allows marketers to query over 67 million U.S.-based business records, facilitating the identification and targeting of top prospects [2] - B2bConnect offers a user-friendly interface for filtering and segmenting small business targets, enabling marketers to optimize their limited resources [3] Data Accessibility and Compliance - The platform provides comprehensive data including demographics, business contacts, firmographics, and industry codes, ensuring accurate lead generation [4] - Equifax emphasizes compliance with evolving regulations, offering high-quality data that adheres to data use rights and marketability flags [6] User Features and Integration - Users can sort and filter data, export selected fields, and save templates for future use, allowing seamless integration with existing CRM or marketing automation platforms [5] - The data can be exported in various formats such as Excel, CSV, Pipe Delimited, or Tab Delimited, enhancing usability for marketing teams [5]