Equifax, the consumer and business insights expert, has joined Scottish Financial Enterprise (SFE) to enhance its collaboration, engagement and partnerships with fellow SFE members.

Equifax organizes, assimilates and analyses data on millions of consumers and businesses worldwide and is one of the largest sources of detailed consumer and business data in the UK. Using the combined strength of unique trusted data, technology and innovative analytics, Equifax has grown from a consumer credit company into a leading provider of insights into consumer behaviour and drivers behind the economy. This intelligence helps its clients drive their businesses forward and consumers access the products and services they can reasonably afford.

The financial services sector has always been a strong component of the Scottish economy with global banks, insurance and asset management companies, as well as legal and accountancy firms located throughout the country. From an Equifax perspective, we see a huge amount of our focus in the coming years being proactively participating in advancements in Open Banking and Commercial Credit Data Sharing – and our relationship with SFE will enhance our collaboration, engagement and partnership approach in these areas. We very much look forward to a long-lasting relationship with Scottish Financial Enterprise and its member organisations.

Equifax also helps organisations to protect against fraud and comply with regulation, and consumers protect their identity and access credit.

About Scottish Financial Enterprise:  Scottish Financial Enterprise is the representative body for Scotland’s financial services industry, with members ranging from global companies headquartered in Scotland to small, locally-based support businesses.

Source: Equifax Press Release