Equifax's TALX Unit Adds Major Clients to the Work Number Service
Automated Employment and Income Verifications Services Fuels Growth, Adding 5 Million Records since May
ATLANTA, Oct. 24 /PRNewswire-FirstCall/ -- Equifax, Inc. (NYSE: EFX) today announced that its newest business unit, TALX, a leading provider of human resource and payroll-related services, continues its strong momentum since it became part of Equifax in May 2007. Leading the way for TALX is its automated employment and income verifications service, The Work Number(R). Since May, The Work Number has added 67 clients. Among these notable customers are Hilton Hotels, Kindred Health Care, Rent-A-Center and the United States Postal Service.
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These new clients represent an addition of more than 5 million total employment records of which 4 million are active employment records. This added growth reflects an 86 percent increase in active employment records and a 67 percent increase in the number of records added over the same period in 2006.
"The Work Number's strong performance is a positive reflection upon our continued momentum and reliable business solutions, said Bill Canfield, TALX President. The Work Number also serves clients in all industries, including market segments that are significant components of Equifax's unique history and continued success. Mortgage, pre-employment screening, consumer finance, government agencies, healthcare, hospitality, insurance and others all benefit from the up-to-date employment information provided by The Work Number."
"Both Equifax and TALX customers now have the opportunity to access critical information that can help their businesses, whether it is for employment verification, consumer or business information, or enabling technologies to help deliver the data in the most efficient manner," said Rick Smith, Equifax Chairman and CEO. "I am very pleased that TALX continues to deliver excellent performance since we closed on our acquisition in May."
Equifax customers can access The Work Number services via Equifax's ePort online ordering system (https://www.eport.equifax.com/eport/index.html).
Through The Work Number, authorized organizations needing to verify employment and income information access approximately 159 million employment records online or via an automated phone system. The Work Number has grown to become the largest central source for instant employment and income data in America -- a one-stop shop for lenders and others trying to close paperwork on the spot.
About TALX
TALX, an Equifax company, is based in St. Louis, Missouri. TALX is a leading provider of human resource and payroll-related services and holds a leadership position in automated employment and income verification. TALX provides over 9,000 clients, including three-fourths of Fortune 500 companies, with Web-based services focused in three employment-related areas: hiring, pay reporting, and compliance. Hiring services include assessments and talent acquisition, onboarding, and tax credits and incentives. Pay reporting services include electronic time tracking, paperless pay, and W-2 management. Compliance services include employment and income verifications through The Work Number, unemployment tax management, and I-9 management. For more information about TALX, access the TALX Website at www.talx.com.
About Equifax (www.equifax.com)
Equifax empowers businesses and consumers with information they can trust. A global leader in information solutions, we leverage one of the largest sources of consumer and commercial data, along with advanced analytics and proprietary technology, to create customized insights that enrich both the performance of businesses and the lives of consumers.
Customers have trusted Equifax for over 100 years to deliver innovative solutions with the highest integrity and reliability. Businesses -- large and small -- rely on us for consumer and business credit intelligence, portfolio management, fraud detection, decisioning technology, marketing tools, and much more. We empower individual consumers to manage their personal credit information, protect their identity, and maximize their financial well-being.
Headquartered in Atlanta, Georgia, Equifax Inc. employs approximately 7,000 people in 14 countries through North America, Latin America and Europe. Equifax is a member of Standard & Poor's (S&P) 500(R) Index. Our common stock is traded on the New York Stock Exchange under the symbol EFX.
Equifax is a registered trademark of Equifax Inc., Atlanta, Georgia. All rights reserved.
SOURCE Equifax Inc.
Released October 24, 2007