Innovations in data and analytics are helping more people access the financial tools they want and need. Every day, our global teams are working to solve complex problems and find new ways to drive financial inclusion. John Fenstermaker, USIS Chief Data and Analytics Officer, shares how his team is delivering products and solutions that help expand access to credit.
Differentiated data paired with innovative EFX.AI and the power of the Equifax Cloud™ rapidly delivers deep insights that help global organizations make better decisions. Many Equifax solutions are powered by advanced analytics and machine learning that use alternative data sources to deliver a more robust financial picture of consumers who are actively seeking new financial services.
For example, OneScore is a robust, multi-data score that leverages traditional credit history paired with differentiated alternative data that only Equifax can provide. Matching traditional consumer credit attributes with differentiated alternative data sources can approve 15.5% more applicants when used in combination with a traditional risk score1 without incurring additional risk. Learn more about OneScore and how its enhanced decisioning power can help score more consumers.
We understand the important role we play in the lives of millions of people around the world. A single financial opportunity can help to improve the trajectory of individuals and families for generations. Helping more people access these critical opportunities is part of our commitment to driving greater financial inclusion.
¹Equifax data and analysis.
