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Employment Verification

CoreLogic, Equifax Team Up For Mortgage Applicant Verification Service

CoreLogic has reached an agreement with Equifax to offer The Work Number, a solution offered through Equifax Workforce Solutions, as part of the CoreLogic Credco Verification of Employment service. CoreLogic says this will enable the company to deliver automated mortgage applicant employment with income verification as part of its Verification of Employment service, which provides mortgage professionals with a way ... Read More »

Combatting Fraud: Why Employee Background Checks are Important

Managers at an Indian technology company used an employee background checking firm to investigate why 30 job applicants had listed the same unknown company as an employer, with surprising results… The background screening service traced the ’employer’ to a one-room mobile phone repair shop, where they discovered an  individual falsifying applicants’ work experiences for money. The ‘HR manager’ of the ... Read More »

Equifax Q4 Revenues Up 8% – Full Year 2013 Up 11%

Equifax Inc. (NYSE:EFX) reported revenue from continuing operations of $578.5 million in the fourth quarter of 2013, an 8 percent increase from the fourth quarter of 2012. For the full year 2013, revenue was $2.3 billion, an 11 percent increase from 2012, both on a GAAP and adjusted basis. Diluted EPS from continuing operations attributable to Equifax was $2.69, a 24 percent increase from $2.18 for the full year ... Read More »

Acxiom Information Security Services (AISS) sold to Sterling Infosystems

Acxiom® Corporation (Nasdaq: ACXM), announced the closing of the sale of its background screening business, Acxiom Information Security Services (AISS), to Sterling Infosystems for approximately $74 million. Sterling Infosystems, Inc. (www.sterlinginfosystems.com) founded in 1975, is the leading background screening company in the world with an international presence known for industry leading turn-around-time, customer service and expertise in customizing solutions for ... Read More »

Veda Australia Acquires Verify

Veda, a leading provider of commercial and consumer data intelligence and insights, announced the acquisition of employment verification services business, Verify. The acquisition of Verify is a natural fit with Veda’s existing portfolio of identification, verification, fraud, and risk assessment services. Veda’s resources will help to increase the breadth of Verify’s verification capability, and strengthen its technology, infrastructure and processes. ... Read More »