Equifax is a global leader in information solutions for businesses, consumers and government agencies. By using advanced analytics and proprietary technologies, the company manages data on more than 500 million consumers and 81 million businesses worldwide, which drive the insights needed for enhancing operational performance.
With a history dating back to 1899, Equifax assists government agencies in achieving a comprehensive view of business and consumer risk.
For social services agencies, Equifax provides accurate client assessments, which are critical in administering public assistance programs. For example, its Equifax Verification Services provides rapid verification of employment, income and identity information. This allows programs that provide Medicaid, welfare and food stamps to achieve a clear view of program applicants, manage growing caseloads, and mitigate fraud.
Equifax also offers comprehensive datasets that help facilitate the sensitive nature of hiring employees – both for civilian and, defense and intelligence agencies. It also helps agencies by securing online transactions to maintain the privacy of online data.
In 2010, the company officially launched a government sector unit to expand its contracts within existing customer agencies, which included the Office of Management and Budget (OMB), Department of Homeland Security (DHS) and the U.S. Postal Service.
The company recently won a $329 million contract to help the federal government verify incomes for insurance subsidies under the Affordable Care Act. The Equifax Workforce Solutions business unit will provide information that is more current than what is available on federal income tax returns.
For providing the right data risk and analysis tools that help government be more secure, efficient and effective, we are pleased to announce that Equifax is this week’s “Winning Contractor.”
Stay tuned for more posts about contractors proving to be nimble in the face of challenging times in our “Winning Contractor” series.