Equifax Expands Partnership With MeridianLink To Enhance Digital Lending Solutions

In this article:
  • 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.

See more from Benzinga

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Advertisement