Account Acquisition: Balance growth with risk.
Equifax account acquisition solutions let you strike the right balance between aggressive growth goals and risk management. We offer scalable solutions for companies of all sizes in a variety of industries.
Financial institutions, for example, can use our demand deposit account (DDA) solution, which leverages TeleCheck’s closed-for-cause and negative check-performance databases. Telecommunications and utility providers can seamlessly identify the existence of outstanding balances prior to establishing service for a new applicant.
Whatever your service type, we enable you to:
- Analyze new account applications quickly
- Identify and prevent application fraud
- Determine eligibility for additional products and services
- Prioritize workflow and direct applications into appropriate queues
- Maintain regulatory compliance
- Access third party data sources for more robust decisioning
- Edit your own business rules to quickly respond to changing market conditions
- Eliminate re-keying of application data
- Generate customer letters and documents seamlessly