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Equifax: Companies
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Executives from Starbucks, Travelocity, Equifax, Minnesota Housing Finance Agency, Bayer, IBM and others will present "deep-dive" case studies and interactive sessions on how better leveraging technology has helped them build stronger, more successful companies. The event is being co-sponsored by IBM, Microsoft, Wipro Technologies and Software AG.
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During this time, Equifax ... continued to spend heavily on technological developments for the purpose of keeping data-processing equipment up to date and offering new products to customers with the equipment. Equifax moved into marketing databases, which allowed patrons to target their most likely customers. In April 1988 the company established a marketing services division, whose first project was to develop a direct-mail program to sell home mortgages for a Midwestern insurance company. The company planned to handle all phases of the operation, including selection of potential customers, production of mailing brochures, handling of telephone inquiries, verification of credit applications, and property appraisal. The marketing division had sales of $90 million in the first nine months in operation. Between 1983 and 1988, the company's overall revenues increased by nearly 60 percent, to $743 million, and earnings more than doubled.
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Equifax Inc. (Equifax) collects, organizes and manages numerous types of credit, financial, public record, demographic and marketing information regarding individuals and businesses. Equifax's products and services include consumer credit information, information database management, marketing information, business credit information, decisioning and analytical tools, and identity verification services. It serves customers across a range of industries, including the financial services, retail, telecommunications, utilities, automotive, brokerage, healthcare and insurance industries, as well as state and federal governments. The Company manages its business in three segments: North America, Europe and Latin America. On October 6, 2006, it acquired Austin Consolidated Holdings, Inc., a provider of business-to-business data management and enhancement services to the commercial market. On February 14, 2007, Equifax agreed to acquire TALX Corporation.
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ATLANTA, Nov 08, 2007 /PRNewswire-FirstCall via COMTEX/ -- Equifax Inc. (EFX, Trade) today was named as a technology leader in the 2007 FinTech 100 list by American Banker and Financial Insights. The company ranked 24th in this prestigious annual listing of technology companies that derive more than one-third of their revenue from the financial services industry.
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Telecredit Inc. and Equifax Inc. said they had agreed to amend their previously announced merger agreement under which Equifax will acquire Telecredit. The amended agreement calls for each Telecredit share to be converted into the right to receive 2.8625 Equifax shares. The companies said the original agreement called for each Telecredit share to convert into 2.69048 Equifax shares. Telecredit's stock jumped $3.25 today, to $39.50, in over-the-counter trading, while Equifax tumbled $1.875, to $...
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Equifax observes 10 holidays. Employees earn two weeks of vacation after one year, three weeks after four years, four weeks after fourteen years, and five weeks after twenty-four years. The company pays the majority of the costs of medical, dental, disability, and vision insurance. Equifax pays for life insurance and tuition reimbursement. The company funds retirement and profit-sharing plans. All employees are eligible for stock options and a 401(k) thrift plan to which the company contributes.
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