Equifax Expands Partnership With MeridianLink To Enhance Digital Lending Solutions
Equifax Inc (NYSE: EFX) has expanded integration of The Work Number with cloud-based software solutions provider MeridianLink, Inc. (NYSE: MLNK).
The Work Number is a centralized commercial repository of income and employment data in the U.S., offering credentialed verifiers with permissible purpose access to 573 million records from 2.5 million employers.
The integration will deliver instant verifications of employment and income to credit unions, banks, and other lenders through the MeridianLink Consumer Loan Origination System (LOS).
The move builds upon the existing integration serving MeridianLink Mortgage customers, supporting a streamlined lending experience across the MeridianLink One platform.
"Our new integration helps MeridianLink customers - such as credit unions and banks - make faster, data-driven decisions," said Shelly Nischbach, VP of Verification Services at Equifax Workforce Solutions.
Price Action: EFX shares closed higher by 0.54% at $164.70 on Wednesday.
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