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Equifax Announces Acquisition of Vault Verify
Equifax integrates Vault Verify to enhance employer verification options and speed decision-making for job, mortgage, and social service applicants, expanding data sources.
- Equifax announced from Atlanta that it completed the acquisition of Vault Verify, now part of the Equifax Workforce Solutions business unit.
- Executives said the acquisition complements existing verification tools and Equifax says the deal enhances data for verifiers and employers to make faster, more informed decisions.
- Vault Verify, founded in 2012, brings real-time, transactional, API-based verifications and serves employers nationwide with a healthcare sector concentration.
- For employers and verifiers, the integration is expected to help consumers applying for jobs, mortgages, social services get decisions more quickly, and Joe Muchnick, Chief Operating Officer at Equifax Workforce Solutions, said it will offer an "enhanced set of knowledge and capabilities".
- Equifax cautioned in the release that forward-looking statements about Vault Verify integration may differ from expectations, with risks detailed in its 2024 Form 10-K and subsequent SEC filings; the company is headquartered in Atlanta and supported by nearly 15,000 employees worldwide.
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Equifax Acquires Vault Verify to Enhance Employment and Income Verification Capabilities
Equifax said Monday (Nov. 17) that it acquired Vault Verify, a company that offers services that include employment and income verification. This acquisition enhances the data that Equifax already provides to verifiers and provides another mechanism for employers to provide data to a verifications provider, Equifax said in a Monday press release. Vault Verify provided a link to the release on the home page of its own website. The acqui…
Coverage Details
Total News Sources39
Leaning Left3Leaning Right6Center9Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
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