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On our April 18 Market Pulse webinar, our experts talked about the roadblocks that businesses face in the commercial market. They also gave insights to help guide a path forward. Unfortunately, we ran out of time to cover all the q [...]
The small business landscape continues to shift, and due to a few recent trends we identified the need to take a step back to get a better view of the big picture. Here, you’ll find key takeaways from our latest Small Business Lending Indices (SBLI) and learn what is impacting the econom [...]
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On our April 18 Market Pulse webinar, our experts talked about the roadblocks that business [...]
The small business landscape continues to shift, and due to a few recent trends we identified the need to take a step back to get a bett [...]
We are in unparalleled territory when it comes to the small business landscape. In this blog, we'll cover the recent boom in small busines [...]
33.3 million businesses in the United States qualify as small businesses. 1 In recognition of Small Business Month, we produced [...]
When asked where to get an auto loan, a credit union might not be the first answer. But, credit unions are in fact a quite popular choice [...]
When it comes to the small business landscape the one thing we generally all agree on is this is a time [...]
Inflation is having a broad impact on U.S. households. In the latest Market Pulse podcast, Jeff Richardson, SVP of Mar [...]
Risk management is a multifaceted field that remains an enigma to many. In the latest episode of the Market Pulse podc [...]
As we are solidly into 2024 Q1, it is the perfect time to reevaluate our financial resolutions. We are living through a K-shaped economy. [...]
Shift into high gear In our energetic February 2024 Market Pulse webinar, our experts presented a roadmap for driving success [...]
Many hope for a post-pandemic fresh start. The reality is that the financial landscape is a K-shaped economy, where the impact of econom [...]
When credit unions talk to their members, they likely hear that financial anxiety is a common theme. After all, members are faced with a [...]
Our January Market Pulse webinar discussed all aspects of affordability in our current financial market. Our experts shared their deep k [...]
Affordability is a buzzword that echoes through the economic landscape. In episode 37 of the Market Pulse podcast, Equifax [...]
2024 opens in a K-shaped economy. In this environment, consumer budgetary pressures look different for each population segment. Lenders [...]
Increasing inflation, rising interest rates and stagnant incomes have made borrowing more expensive and meeting financial commitments more [...]
During our December 7 Market Pulse webinar, experts shared insights, empowering you to look back at the economic and consumer landscap [...]
Did the economic predictions for this year come true? And what economic themes will shape 2024? In episode 36 of the Market Pulse podc [...]
Credit unions are known to provide personalized service and focus on the unique needs of their members. For many members, this dedicated [...]
During our November 16 Market Pulse webinar, experts shared insights and actionable advice, empowering you to navigate the intricate t [...]
In the dynamic realm of global markets, staying abreast of the latest trends is imperative for individuals and businesses alike. As we v [...]
As we approach the close of 2023, the U.S. economy faces a mix of challenges and positive indicators. In episode 34 of t [...]
Take the full capacity of the largest college football stadium (“The Big House” at the University of Michigan at 107,6001) and multiply [...]
As member-first institutions, credit unions need to provide seamless, personalized services. To meet these expectations, credit unions are [...]
You know that familiar chime on your phone when a payment is made? That, paired with the steady (metaphorical) hum of billions of dynamic [...]
The warning signs are all around us: many consumers are financially stressed. Already, consumers are getting squeezed by high inflation [...]
As consumer savings declines and high interest investment options are more accessible, keeping and capturing new deposits continues to be [...]
Macroeconomic indicators like increasing delinquency rates and ballooning debt point to a nation of prospective borrowers [...]
When we speak with our credit union clients, we often bring up the potential impact of student loan debt. After all, student loans are h [...]
During our recent Market Pulse webinar, we discussed how staying ahead of the curve is essential for success. The September 2023 Market [...]
An increasing number of consumers are facing credit and financial stressors. What economic factors are causing this? [...]
In the fast-paced world of finance and economic policy, staying ahead of the curve is essential for success. The September 2023 Market Pul [...]
In July 2023, small business lending and financial stress exhibited distinct regional and industry-based trends. As we look at the Equifax [...]
In our August 2023 Market Pulse webinar, our risk advisors hosted a panel discussing the recent student loan repayments, financial durab [...]
We are in uncharted economic territory. This month’s Market Pulse webinar is a must-listen to get ahead of the economic fluctuations we [...]
The last three years has brought a range of micro and macroeconomic storms. Shifts in spending behavior and the influx of [...]
This is the first of a two-part blog series. Look out for the second article to learn how lenders can prepare to address student loan risk [...]
In today’s world of lean teams and tight budgets, lenders need to make smart choices about how they divide resources, prioritize efforts [...]
June 2023’s Market Pulse Webinar explored how fintechs are tackling not only economic headwinds, but tightening credit. We learned how [...]
Making Sense of Marketing Trends Every business wants to increase revenue. But, to do that it’s important to find the hidden op [...]
Here’s a thorny question…and your response may impact the future of your business in today’s uncertain economy. Is your customer data he [...]
As we approach the halfway point of 2023, the economy faces multiple headwinds. From debt ceiling negotiations and the bankin [...]
The nation’s consumers are becoming even more financially diverse. Think about young consumers and the growing number of immigrants who [...]
As economists warn of a possible impending recession, banks are raising their rates and tightening their lending standards. H [...]
During these challenging economic times, lenders need to strike a balance between growing their lending portfolios and managing risk. In [...]
Even with rising interest rates and economic uncertainty, consumers are still expected to seek out new unsecured loans and lines of credit [...]
Fintech companies are disrupting the financial industry. In times of economic uncertainty, the reality of implementing disruptive solution [...]
For lenders, today’s economy is causing some angst. While lending remains strong, many lenders are concerned about growth. How can they [...]
During the March 2023 Market Pulse webinar, “How Credit Unions Are Adapting to Economic Uncertainty,” panelists Rob Wescott, former Sp [...]
Financial institutions have become more risk-aware following the Fed’s interest rate hikes, an uncertain economy and recent challenges f [...]
Spoiler alert: it’s NOT what you think of when you think “Equifax” Everything you do as a credit union centers around your member [...]
Generation Z is the tech-savvy and socially conscious cohort born between 1997 and 2012. Gen-Z is beginning to establish its own financi [...]
Reporting can be a pain point for many lenders. Yet, it’s an important part of ensuring lenders get an accurate picture of a consumer’s [...]
We’re talking weeks, not months, or years A lot of businesses feel “stuck” in today’s uncertain market, unsure about how to get [...]
In the U.S. and abroad, the cost of living is rising and consumers and businesses are feeling the squeeze. How will this impact the lend [...]
In today’s shifting economy, many credit unions continue to focus on maintaining adequate liquidity. Lower interest rates over the past [...]
From record inflation and rising interest rates, to wavering consumer spending power and a potential hiring slowdown, the ever-changing [...]
Starting ahead is critical in today's economy. As we discussed in last month's Market Pulse webinar, 2022 was full of challenges, but kn [...]
Where should consumer and commercial lenders look for responsible growth in 2023? While lenders should be judicious in challenging econo [...]
Big banks are flush with data and analytic resources. Optimizing their credit risk models is a seamless, efficient process. It’s [...]
Despite high-profile layoffs in the technology and media industries, the 2022 labor market has been a bright spot in the economy. How sh [...]
The demographic composition of current and prospective customer bases is changing. And, most financial providers recognize that. Consumers [...]
With 2022 almost in the books, the US economy is still experiencing pandemic whiplash and general economic uncertainty. We’ve been chall [...]
You might be asking yourself the $20 trillion-dollar question: are we in a recession? And, what does that mean for risk in my portfolio? [...]
The IMF is predicting global growth may slow to 3.2% in 2022 and 2.7% in 2023, down from 6% in 2021. How will the domestic economy fare [...]
(This blog is the second in a two part series.) The economy is continuing to fluctuate. Financial marketers are starting to shift priorities [...]
Today’s credit unions want more account growth, more operational efficiency, and more digital services.¹ Yet, they also want something else. [...]
Credit union marketers have a full plate. They need to attract new members, deepen relationships with existing members, and provide a positi [...]
(This blog is the first in a two part series.) Your financial services firm likely serves a wide range of consumers – each with varying fina [...]
Confidently serve below-prime members by seeing the bigger picture Approved. It’s a magic word. Especially for the estimated 77 million Ame [...]
During our July 28 Market Pulse webinar, our panel of experts discussed what lenders and Gen-Z should be doing during the current student lo [...]
Consumers are eager to make up for lost time as they depart for their summer vacations and settle back into their traditions. But with infla [...]
For our May 19 Market Pulse webinar our presenters discussed the recent economic update, consumer credit trends, and small business trends, [...]
The more digital the world becomes, the more opportunities there are for fraud to sneak in. This can lead to many unanswered questions for c [...]
As a marketer and consumer, you know how much time people spend on their devices and looking at screens. But, reaching the right online audi [...]
This is a recap of our April 14 Market Pulse webinar, where our panel of experts discussed the recent supply chain crisis, as well as the la [...]
Turbulence in the economy continues to create challenges for consumers and lenders alike. The wide range in how consumers are being impa [...]
This month’s Market Pulse webinar presenters included Dylan Hall, Co-Founder and CEO at Safe Rate; Peter Hellwig, Co-Founder at Atmos Financ [...]
During our March 10 Market Pulse webinar, our panel of experts discussed details pertaining to entrepreneurs and how they can participate in [...]
For much of the last century, population growth in the U.S. has remained relatively stable. But that is changing, and your business should p [...]
As you think about your business plans in 2022, having access to key data to make informed business decisions will be important. For our Jan [...]
Conventional wisdom tells us there are two main ways to achieve your revenue targets in 2022. For most companies, it boils down to either gr [...]
For our December 2 Market Pulse webinar, our panel of experts discussed the current and future state of the energy industry. This month’s pr [...]
Buy Now, Pay Later has continued global growth, with U.S. adoption up sharply over the last two years. The service, which originated from Au [...]
For our December 2 Market Pulse webinar, our panel of experts discussed the current and future state of the energy market. This month’s pres [...]
Buy Now, Pay Later (BNPL) financing is soaring in popularity this holiday season. Consumers are using these loans to purchase everything fro [...]
Today, financial institutions need to be agile, fast, and flexible to keep pace with the changing market and customer dynamics. Digitizati [...]
Optimized trust enables organizations to find, reach, and approve ideal customers in familiar and unexpected places. In this recap of our No [...]
The mortgage industry is constantly changing. But these lending FAQs can help you keep up with the latest trends and gain a competitive edge [...]
Buying a home can be stressful and confusing — especially if a consumer is trying to learn about credit and how their credit score can impac [...]
Necessity is the mother of invention. Just ask banking, fintech, and retail businesses, many of which compressed a decade of e-commerce inn [...]
We are living in a digital-first world and trust is more than secure transactions. During our November 11 Market Pulse: Optimizing Trust in [...]
This is a recap of our October 7 Market Pulse webinar, where we discussed the importance of credit unions in gaining access to credit. This [...]
Successful credit unions work hard to attract new members, strengthen existing member relationships, and give the community direct access to [...]
The economy is recovering and the outlook for small businesses is continuing to remain strong. Fintechs have started to step away from tradi [...]
Consumers and businesses need access to credit and lending to live and perform. Yet, 91.5 million consumers struggle to gain access to mains [...]
It’s no big news that today’s consumers are savvier than ever. They expect online interactions — and they better be seamless, or you risk lo [...]
As the economy recovers the outlook for small businesses remains strong. Fintechs have started to step away from traditional credit data and [...]
The banking landscape is changing. Challenger banks, also known as neobanks, have taken off in popularity, especially since more people [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
Post 2020, financial inclusion is the common theme This week, top data and analytics experts from Equifax and around the world will discuss [...]
Markets are continuously changing, whether it’s based on new customer behaviors, unforeseen economic forces or new competitors looking to di [...]
At the Virtual Consumer Data Industry Association (CDIA) Law & Industry Conference on July 12-14 2021, Peter Maynard, Senior Vice Pr [...]
A More Inclusive Credit Scoring Model Economists refer to the U.S. recovery as ‘K-shaped’, meaning that one segment of the population is pr [...]
In this recap of our June 24 webinar, “Market Pulse: Accelerating Access to Credit,” Chris Wheat, Co-President at JPMorgan Chase Institute; [...]
Demand Growing for Small Business Credit With economists predicting a GDP growth rate of 6.5% in the fourth quarter and consumer spending b [...]
In this recap of our June 3 webinar, “Market Pulse: The Post-Pandemic Small Business Economy,” Evan Leaphart, Founder and CEO of Kiddie Kred [...]
As we emerge from the pandemic, small businesses are integral to the health of the post-COVID economy. For our June 3 Market Pulse webinar, [...]
Businesses and consumers alike are experiencing information overload as they try to understand how the world is evolving in light of the COV [...]
The Responsible Use of Data The concept of privacy has changed dramatically since the pre-internet days -- and even since the 201 [...]
Many businesses operate in a transactional environment that requires fast credit decisioning. However, a variety of obstacles prevent them [...]
In this recap of our May 6 webinar, “Market Pulse: Growth Amid Rising Fraud,” Amy Crews Cutts, President and Chief Economist at AC Cutts &am [...]
“Losses due to identity theft increased by 42% from 2019 to 2020 primarily due to the COVID-19 pandemic. Aite Group estimates that losse [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
Light at the End of the Tunnel The U.S. economic forecast is strong. In fact, Moody’s Analytics’ outlook for 2021 calls for 6.4% growth in [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned [...]
Identity Fraud Accelerates in 2020 The year 2020 was a heyday for online fraudsters. There are a couple of reasons why. First, [...]
With an increase in vaccinations, a second stimulus check and a wealth of pent-up demand, consumers are ready and willing to spend. For the [...]
In this recap of our March 4 webinar, "Market Pulse: Return to Opportunity for Commercial Real Estate," Sarah Briscoe, senior statistical an [...]
Consumers maintain a tight grip on credit card spending in Q1 2021 NOTE: This is a March 2021 update to the original article published Dec. [...]
This is a recap of the March 4 webinar, Market Pulse: Return to Opportunity for Commercial Real Estate. We’re sharing key insights on the fu [...]
After a year of credit tightening in 2020, consumer credit remains down across the board. That includes balances, utilization and delinq [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
"The truth is, your identity has already been stolen. More than 800 million security breaches have occurred, and we have only about 320 mill [...]
A new administration in 2021 brings many changes. For our February 4 Market Pulse webinar, our panel of experts discussed the potential [...]
In this recap of the January 14 webinar, Market Pulse: DC Power Shift, What's Next?, we share key insights from Amy Crews Cutts, Presid [...]
We captured key insights from the January 14 webinar, Market Pulse: Planning in a K-Shaped Recovery, featuring Cris deRitis, Deputy Chie [...]
How American Express Achieves World-Class Customer Service What does personalization really mean in marketing today? According [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
The start of a new year holds both uncertainty and hope for an economic recovery. For our January 14 Market Pulse webinar, our panel of expe [...]
This is a recap of the December 10 webinar, Market Pulse: Consumer Spending Trends and Expectations. We’re sharing key insights offere [...]
How will the latest political news and vaccine rollout impact holiday spending? It was a busy news week with talk of a stimulus deal and th [...]
Why Constrained Models are Optimized for Credit Risk Credit scores are used as a big part of a lender’s credit criteria - higher scores mor [...]
Businesses must learn how to take advantage of seasonal spending, while protecting their portfolios and mitigating risk. For the December 10 [...]
Consider Performance Criteria, Algorithms and Labeled Data Fraud prevention is a challenging task, given the mercurial nature o [...]
With a new president-elect and COVID-19 cases on the rise, businesses face some uncertainty as they plan ahead. The November 5 Market Pulse [...]
A Surge in COVID-19, Vaccine Expectations and Economic Stimulus The announcement of a vaccine is certainly cause for an upgrade in the traj [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
Buy Now, Pay Later FinTechs are Well-Positioned to Drive Holiday Sales in 2020 Buy now, pay later FinTechs are well-positioned to enable a [...]
Assessing a Consumer’s Identity is Not as Simple as Reviewing a Document and Putting a Score on it. The concepts of credit and fr [...]
Sharing Ideas and Best Practices for a Challenging Time This year’s Ignite Live 2020 was buzzing with ideas about how to lead wi [...]
Welcome to our blog series on leveraging the power of data and analytics to maximize identity results. In my previous article, I shared [...]
The Real Question is “When” - not “If” - we will get Economic Stimulus As we count down to the U.S. election, the question of economic stim [...]
This year has forced financial firms to reevaluate and alter their lending programs. Many lenders have had to work quickly to adapt in order [...]
Why Digital Credit Marketers Should Embrace Email Consumers are relying more on digital channels during the pandemic, whether it's work, sh [...]
It has never been more important for businesses and consumers to trust who they're doing business with. Everyone knows the adage, [...]
New Podcast Examines Latest Economic Trends for Consumer Credit and Small Business The Market Pulse podcast is a new production from E [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
Buy now, pay later FinTechs face merchant risks and consumer risks simultaneously Thank you for joining me for the second article in a thre [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
This is part 1 of a 3-part series Accelerating Growth in the FinTech Space While the COVID-19 pandemic is upending the status quo for man [...]
Advance your business with data-driven recession marketing strategies In early June, The National Bureau of Economic Research ann [...]
More data sources is only part of the equation In the era of big data, it is often thought that more data is better, but that's not [...]
Why Proxy Model Explanations of Neural Networks Inevitably Fail For financial service providers, credit risk modeling is all about id [...]
The coronavirus pandemic has altered the U.S. economic landscape triggering a significant slowdown in marketing activity across industries. [...]
Data is the New Soil Someone once said: “Data is the new oil.” Then someone else said: “No, data is the new soil.” Any way you look [...]
The Past as a Window to the Future In my last post, we spent time exploring methods to mitigate the loss of predictive power for risk sco [...]
May 2020 Market Pulse Series - FAQs Equifax and our expert guest speakers answered dozens of questions from attendees follow [...]
Businesses and Fraudsters Are Adapting The global pandemic of COVID-19 is pushing both businesses and fraudsters to adapt. While the d [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
Financial firms are focusing on risk mitigation during the pandemic, but that doesn't mean financial marketers should simply wait it out. Wh [...]
How to Mitigate Decline in Predictive Power As you may recall from my last post, we examined the impact accommodation could have on credit [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
Ground-breaking modeling techniques fueled by machine learning and explainable artificial intelligence (xAI) are transforming the credit dec [...]
In this blog series, Equifax and expert guest speakers answer top of mind questions from attendees on the weekly Market Pulse Webinar Series [...]
Updated 5/11/2023: The White House declared the end of the Covid-19 Health Emergency May 11, 2023 so some of the details mentioned in th [...]
Authentication Strategies for Today’s Digital Age Carefully orchestrated authentication and identification strategies are critical in today [...]
It's a Priority to Stay Vigilant Many of you are protecting workers by encouraging social distancing and providing work-from-home opti [...]
COVID-19 Has Made Phone, Pay TV and Internet Service Important to Our Quality of Life In the past, expenses such as wireless phones, landli [...]
Did you know that 35% of U.S. households live in rental housing? It's true. [1] But most renters’ on-time housing payments are not reflecte [...]
FICO recently announced that its new FICO® Score 10 T, set to be released this summer, will include trended data. With this new opti [...]
Financial institutions are struggling to keep up with evolving fraud tactics. They tell us their top areas of concern are new account fraud, [...]
Since the last U.S. recession in 2008, financial risk management has seen significant changes. Lending requirements are tighter, verific [...]
This question sounds absurd. But this is one of the most important questions lenders must ask themselves when making consumer credit de [...]
Digital Disruption Shifts Expectations Credit unions are having to change how they interact with their members. Due to rapidly evolving t [...]
In recent weeks, you may have heard that the Current Expected Credit Loss accounting standard - the regulation known as CECL - has been [...]
I grew up watching various science fiction drama TV shows and recall one particular character that could shape-shift. He would shape-shift i [...]
The autumn air is crisp, and the delicious smells from the nearby Halal Guys cart are tempting my senses. It’s a perfect Monday morning in N [...]
The financial sector might see the worst of it, but no business with an online presence is immune to the threat of malicious bots. In fact [...]
Risk models eventually become less predictive or relevant due to evolving market conditions. New and improved versions routinely replace the [...]
Customer experience and customer growth go hand-in-hand. One way to improve your customer experience is to make better credit offers to more [...]
Did you know that the concept of credit has been around for over 5,000 years? While the methods for evaluating credit have evolved over [...]
Mobile Usage is Changing Member Experience Did you know 88% of U.S. online adults now use a smartphone?[i] Living in an era of [...]
Approximately 91.5 million consumers in the U.S. either have no credit file, or have insufficient information in the file to generate a trad [...]
Aite Group Report: Consumer Lenders Anticipate Slowdown If headlines have you wondering when a change in the credit cycle might occur - or [...]
Last week, top data and analytics experts from Equifax and around the world convened in Edinburgh, Scotland for Credit Scoring and Cr [...]
Adaptive AI is the next great advancement in leveraging AI for credit risk. Equifax's Chief Innovation Architect, John Fenstermake [...]
Discover Your Diamond Customers Among the Rough Fraudsters. There is no doubt that today’s cybercriminals are dedicated to thei [...]
Synthetic Identity Fraud is a Growing Threat We've said it before, and we'll say it again: Synthetic identity fraud is one of the most cunn [...]
This is the final article in a 5-part series. We originally published this post on December 20, 2016 and updated it on July 17, 2019. Today [...]
This blog if the fourth article in a 5-part series. It originally published on January 26, 2017 and was updated on July 17, 2 [...]
This is the third article in a 5-part series. We originally published this post on December 20, 2016, and updated it on July 17, 2019. [...]
This is the second article in a 5-part series. We originally published this post on December 20, 2016 and updated it on July 17, 2019. Many [...]
Losses from Synthetic Identity Fraud are Increasing Most of us are familiar with the fable from Greek storyteller, Aesop, about [...]
This blog post is part of a 5-part series. It was originally published on December 15, 2016 and updated on July 17, 2019. B [...]
Technology and better security measures are making it more difficult for card counterfeiters to beat the system. So today’s criminals are tu [...]
John Ray, Enterprise Fraud & Identity Analytics Leader, presented “Evolution of Identity” at the Equifax Spark 2019 conference. For more [...]
Information asymmetry occurs when one party to an economic transaction has more or better information than the other party. Information asym [...]
Lenders have historically used credit data to score consumers. But the problem with this approach is that it prevents lenders from seeing “c [...]
Market Conditions Ripe for More Consumer Lending An improving economy means more people feel confident in their ability to pa [...]
Equifax has developed Insight Score™ for Personal Loans, a risk score optimized to help lenders evaluate applicants seekin [...]
Chris Atwood Financial institutions (banks, credit unions, etc.) can sideline disruption and achieve customer growth with better data util [...]
Today’s consumers have many choices. Go to the grocery store or have meals delivered? Cable, satellite or streaming service? Drive your car [...]
Identify Upward Mobile Customers Imagine if you could predict which prospects and customers would become your most high-spending, loyal pur [...]
It's that time of year when many consumers think about their financial goals for 2019, including planning for retirement. Consumers have end [...]
Not all Affluent Households are Alike Reaching high-income households online isn't hard. There are many digital targeting segments based on [...]
Does Segmentation Go Far Enough? Segmentation for customer acquisition is a mainstay of daily business for most financial service [...]
Many financial institutions are still evaluating their Current Expected Credit Loss (CECL) implementation strategy. With implementation dead [...]
Did you know one of the most common New Year's resolutions is to save more money? If you're a marketer with a financial firm, you may be ask [...]
A Two-step Authentication Approach Consumers are always on the go, using digital devices to make purchases, check account balan [...]
In November, Equifax and Moody’s joined forces to recap the economic and credit trends of 2018 -- and look ahead to 2019. This is the second [...]
Digital Channels Have Their Challenges Historically, credit marketing has largely focused on delivering firm offers of credit t [...]
Envision a busy parent. You might imagine them driving to work or crunching deliverables all morning. Perhaps they're waiting for a doct [...]
Current Expected Credit Loss (CECL) will require financial institutions to gather data from various sources. Based on conversations w [...]
The future of consumer credit is bright. Advancements in risk decisioning, account acquisition and relationship management are transforming [...]
As a financial company, you've probably tested virtually every element of traditional direct mail credit marketing campaigns – from the [...]
Synthetic IDs are Like Digital Frankensteins Halloween is always a fun time of year. It inspires a childlike excitement in us a [...]
Lending and the Economy While not its direct intent, the new current expected credit loss (CECL) standard could have a signific [...]
Meet Credit Union Members Where They Want to Do Business. It takes more than a “smile and a handshake” to develop a relationship [...]
New technology tools help wealth leaders and advisors work together to grow Assets Under Management (AUM) Growing AUM is a top go [...]
Instant access to wealth and investment insights a game-changer -- for wealth management leaders and financial advisors Your fina [...]
Differentiated data can be a game-changer to help grow your Assets Under Management Prospecting is a numbers game. Optimizing the [...]
In this guest post, Wyatt Jefferies, Sr. Director of PR for Equifax, explores the underbanked consumer with Joshua Sledge, Director on the P [...]
This is the fourth post in a 5-part series, Digital Customer Experience We asked Maxie Schmidt-Subramanian, PhD, Principal Ana [...]
This is the second post in a 5-part series, Digital Customer Experience We asked Maxie Schmidt-Subramanian, PhD, Principal [...]
Equifax asked recent webinar guest speaker, Maxie Schmidt-Subramanian, PhD, principal analyst serving customer experience professionals [...]
Banks and lenders want to deliver broader financial inclusion that enables them to score and approve more customers. But they don't want to [...]
While brick-and-mortar locations will never fully disappear, consumers continue to make their smartphones the channel of choice for shopping [...]
Communications, Energy, Digital Media Providers Face New Challenges Online and mobile-based platforms are changing how fraudsters operate. [...]
Credit card lending is still on fire. There have never been so many consumer choices for premium cards. They have exclusive names like The [...]
The CERCA Spring Conference, held on May 16, capped a broadly successful 2018 filing season that saw tax identity theft reduced by [...]
Synthetic identity fraud is a well-organized activity of fraud rings looking for ways to create and then nurture fake identities over a [...]
We’ve all been there. We try to apply for something or access an account for the first time on our mobile device and get frustrated at t [...]
What is synthetic identity fraud? Synthetic identity fraud occurs when fraudsters create new, fictitious identities by using diff [...]
Data Scientists: Do you love the new machine learning techniques but still can’t wrap your head around how to explain your results? Have y [...]
Pathways to Synthetic Identity Fraud Fabricated social security numbers (SSNs) and authorized user abuse are the two main pat [...]
Over the past year, Equifax met with nearly 20 leading financial institutions to better understand key challenges faced in Wealth Management [...]
Data experts are excited about its potential Algorithms. Logistic regression. Both tried and true analytical methods. Yet, as much as these [...]
Most financial services organizations already have adopted data and advanced analytics strategies. They typically use data to identify poten [...]
After a long day of work, it is unlikely that you will find Millennials standing around reading their mail the way that Boomers might. In fa [...]
Are you a financial institution looking to grow your commercial credit card business? Focusing on this market makes a lot of sense, es [...]
Which generation controls over 46% of all U.S. invested assets? You guessed it: Baby Boomers. Boomers, born 1946-1964, have benefited hugely [...]
For communications providers, marketing to consumers that have their finances in-check can help boost long-term ROI. Baby Boomers, born 1946 [...]
For financial services organizations, competition from nontraditional market players is eating into revenue. According to PricewaterhouseCoo [...]
Fraudsters make the move to account takeover and application fraud schemes It’s been almost two years since the liability for card-not- pr [...]
Get a Big Picture View of Small Businesses Commercial payment performance data can help provide information on how a business is paying its [...]
While TV has long been a fantastic way to deliver messaging to a wide audience, marketers have recently been attracted to new methods that a [...]
How machine-learning technology can provide insights that drive growth with less risk Soaring increases in computing volume and available d [...]
Advanced analytics, machine learning and logistical regression – traditional methods used to calculate credit scores today. Enter deep neura [...]
Many emerging technology solutions are so robust that it can be difficult to fully maximize their potential. However, Equifax likes a challe [...]
It’s official: siloes don’t work. That’s why Equifax designed BusinessConnect™ to align three important revenue functions—Sales, Credit and [...]
The growth of synthetic identity fraud shows few signs of slowing. Data breaches, social media mining, phishing and other schemes [...]
Knowledge based authentication (KBA) has been declared dead many times over the past few years. But what is KBA and what exactly is th [...]
There are as many fraud schemes as there are fraudsters, but they fall into a few general buckets. Here are two of the most common fraud sce [...]
Data from the Equifax Observations and Impacts of U.S. Consumer Wealth Trends report paints a compelling and clarifying picture for financia [...]
Walk into almost any homeowners’ association (HOA) meeting, listen to the discussions about unleashed dogs and roof repairs, and you might t [...]
Today's mass affluent population is as diverse as the banks that serve it, representing a broad spectrum of individuals with varying financi [...]
With housing values on the rise again, the home equity loan is back. Homeowners now have equity in their homes, and many are looking to tap [...]