Verifications Focus

Equifax Welcomes 5,000th Member of The Work Number

The University of Maine System has joined The Work Number, the largest database of employer-direct income and employment information, as the 5,000th client. The Work Number provides automated income and employment information to banks, mortgage companies, auto dealerships, and other entities when authorized by the consumer, and utilized in compliance with Fair Credit Reporting Act regulations. [Read More…]

Benefits of a Trusted 4506-T Provider

Equifax has always been on the forefront of modernizing consumer data and income verification, from maintaining The Work Number® database of millions of income and employment records, to helping champion the policy for eSignature acceptance by the IRS on the Form 4506-T. The need to verify total income with the IRS using a Form 4506-T [Read More…]

Gainful Employment – The new rules and requirements: Are your programs at risk?

Is your university ready for the Department of Education’s new “Gainful Employment” rules? Join us at this webinar to learn more about the nature of the reporting requirements you’ll face. You’ll also be introduced to new tools and analytical platforms that can provide insights into graduate employment and earnings outcomes, allowing for early assessment of [Read More…]

HR Compliance in Healthcare: Dignity Health Case Study

Most healthcare companies have concerns around increasing compliance challenges around reducing operations costs while increasing efficiencies and standardizing HR-centric services.  ACA and other legislation has served to magnify those concerns, forcing an already hyper-sensitive industry to focus efforts around: Reducing employee service costs Increasing HR, payroll, and benefits standardization via standardization and leveraged technologies Targeting key compliance [Read More…]

Fannie Mae to Introduce Equifax Trended Credit Data and Verification Services Into Underwriting Platform

During MBA’s Annual Convention & Expo in San Diego last month, Fannie Mae announced that in mid-2016 it will begin incorporating Equifax trended credit data, as well as the company’s verified employment and income data, into its automated underwriting platform — introducing important changes to help strengthen the home mortgage market for both consumers and lenders. Fannie Mae [Read More…]

Debt-to Earning Measures Becoming More Vital to Institution Programs

Institutions should take into account how the Department of Education calculates the Debt-to Earnings ratio and should take the necessary steps to make sure their calculations are accurate. The Department of Education will be providing institutions with lists of students that will be included in the Gainful Employment program later in 2015. Institutions will then [Read More…]

We hope to see you at the Auto Finance Summit!

Planning on attending the Auto Finance Summit in October? Stop by and see us! Equifax will be exhibiting at booth #170 and we’d love to chat with you! We’ll be talking about what’s going on in the auto lending space and how our solutions can help you: Attract and capture the right customers with preferred [Read More…]

UI Integrity Technology Symposium- WINNING THE BATTLE AGAINST IMPROPER PAYMENTS

If you will be attending the UI Integrity Technology Symposium in Washington, D.C., stop by our concurrent workshop to gain more insight on how to improve your program integrity and reduce improper payments through partnering and data sharing. When: TUESDAY, SEPTEMBER 1, 2015- 3:30 pm – 5:00 pm Where: CONCURRENT WORKSHOPS- Concord /Lexington- Hyatt Regency Washington on Capitol Hill [Read More…]

Huge Milestone Achieved with Managing the ACA

We are proud to announce that Equifax has achieved a huge milestone on our journey to help employers comply with the Affordable Care Act. Our award-winning ACA Management Platform is now responsible for managing ACA compliance for over 14 million employees. That’s right – 14 million employees! … and we’re even more proud of our [Read More…]

Webinar: Employment Verifications for ACA

Webinar: Impact of ACA | CMS on Verifications  Wednesday | July 29th | 12:00 pm CDT; 1:00 pm EDT The Centers for Medicare and Medicaid Services (CMS), the federal agency responsible for administering the benefit programs defined by the ACA, will require employer validation of employment and income in assessing applicant eligibility. CMS has selected The Work Number® as [Read More…]