Equifax Acquires AccountScore to Enhance Open Banking Capabilities

Equifax has acquired the transaction analytics company AccountScore to improve its ability to provide open banking solutions.

Equifax hopes to leverage Open Banking to prove users’ creditworthiness with new data channels

The credit scoring giant aims to improve its consumer and commercial product offering. It is planned to combine the traditional information from the credit bureau with bank transfer details.

Equifax predicts this combination can help customers benefit from higher rates …

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