Equifax was recognized as a Google Cloud Customer of the Year for the second year in a row for its innovation in cloud-native technology and financial inclusion. After earning the Financial Services Google Cloud Customer Award last year, Equifax has now won Google Cloud Customer Awards in two categories: Diversity, Equity and Inclusion as well as Financial Services. These awards underscore the power of the company’s $1.5 billion technology and security investment to build the Equifax Cloud™, as well as its deep commitment to expanding access to and understanding of credit — especially to vulnerable and historically underserved communities.
“The Equifax Cloud makes it possible to deliver the real-time insights needed to help even more consumers access credit during life’s most pivotal moments,” said Bryson Koehler, Chief Product, Data, Analytics and Technology Officer at Equifax. “Our Google Cloud partnership has helped us deploy a world-class architecture with greater speed and scalability, allowing us to deliver a record volume of new product innovation to meet our customers’ challenges in the rapidly evolving digital marketplace.”
The Diversity, Equity and Inclusion Google Cloud Customer Award is a testament to the Equifax purpose of helping people live their financial best. As a leader in financial inclusion, Equifax invests heavily in alternative data — Fair Credit Reporting Act (FCRA) compliant information that is not included in traditional credit reports — to enable access to credit for more than 60 million U.S. consumers who are unbanked or underbanked. As Equifax recently shared, “credit invisibility” is often linked to higher interest rates on personal loans and higher premiums for auto, home and rental insurance.
Equifax strives to create economically healthy individuals and communities everywhere the company does business. In each of the countries Equifax operates, one of its social responsibility commitments is to expand consumers’ access to mainstream financial services — often through alternative data. Beyond information in traditional credit reports, alternative data can provide a more comprehensive view of a consumer’s credit profile, often increasing scorability. Lenders can gain even deeper insights by leveraging alternative data sources from Equifax, such as income and employment data from The Work Number® or alternative payment data records from the Equifax acquisitions of DataX and Teletrack.
Since 2019, Equifax and Google Cloud have partnered on the company’s efforts to build a world-class infrastructure leveraging cloud-native technology and industry-leading security. The Financial Services Google Cloud Customer Award recognizes the Equifax Cloud™ for its unique implementation of Google’s public cloud services on highly regulated workloads, yielding a best-in-class example of cloud-native technology. By securely unifying the differentiated data assets that "Only Equifax" can provide into an enterprise data fabric, the Equifax Cloud increases speed, performance and real-time insights for customers while maintaining the highest standards of governance and privacy controls.
“The Google Cloud Customer Awards are an opportunity to recognize the most innovative, technically advanced, and transformative cloud deployments built on our platform,” said Kirsten Kliphouse, President, Google Cloud Americas, Google Cloud. “The Google Cloud Customer Award for DEI celebrates customers that are using technology to better their organizations—and society as a whole—with inclusive cultures and diverse perspectives. I am honored to congratulate Equifax for its accomplishments.”
Learn more about how Equifax is making an impact through Environmental, Governance and Social (ESG) programs.