{"id":12751,"date":"2022-03-28T16:47:34","date_gmt":"2022-03-28T20:47:34","guid":{"rendered":"https:\/\/afcomunicacion.com\/uncategorized\/equifax-acquires-datacredito\/"},"modified":"2022-03-28T16:47:34","modified_gmt":"2022-03-28T20:47:34","slug":"equifax-acquires-datacredito","status":"publish","type":"post","link":"https:\/\/afcomunicacion.com\/en\/press-room\/equifax-acquires-datacredito\/","title":{"rendered":"Equifax acquires DataCr\u00e9dito"},"content":{"rendered":"<p><span style=\"color: #808080\"><em><span style=\"font-weight: 400\">The purchase of the Dominican Republic&#8217;s largest credit bureau expands Equifax&#8217;s presence in Latin America.<\/span><\/em><\/span><\/p>\n<p><b>ATLANTA (March 15, 2022) &#8211; <\/b><span style=\"font-weight: 400\"><strong><span style=\"color: #800000\">Equifax<\/span><\/strong> continues to expand its international footprint with the acquisition of <span style=\"color: #3366ff\"><strong>Data Cr\u00e9dito<\/strong>, the largest credit bureau in the Dominican Republic<\/span>. By bringing the power of the <em><span style=\"color: #800000\">Equifax Cloud<\/span><\/em> to credit reporting and scoring in the Dominican Republic, <span style=\"color: #800000\">Equifax<\/span> will enable lenders to <span style=\"color: #99cc00\">gain new insights into their consumers&#8217; credit profiles as part of the lending process<\/span>, helping them open up new mainstream financial services opportunities to unbanked people.<\/span><\/p>\n<p><span style=\"font-weight: 400\">&#8220;We are reinvesting our free cash flow in strong, strategic M&amp;A that expands our global footprint and capabilities, while staying true to our company&#8217;s purpose: helping people live their financial best,&#8221; says <strong>Mark W. Begor, <\/strong><strong><em><span style=\"color: #800000\">Equifax<\/span> CEO<\/em><\/strong>. <\/span><\/p>\n<p><span style=\"font-weight: 400\">&#8220;Including <span style=\"color: #3366ff\">DataCr\u00e9dito<\/span>, we have completed<span style=\"color: #99cc00\"> 11 acquisitions totalling more than $3 billion over the last 18 months<\/span> that strengthen and broaden <span style=\"color: #800000\">Equifax.<\/span><\/span><\/p>\n<p><span style=\"font-weight: 400\">More data helps our customers make better decisions for their consumers. With this acquisition, we will bring powerful insights to lenders and service providers that will help them better understand their customers. Almost half of the 10 million Dominicans are unbanked or underbanked, which makes <span style=\"color: #3366ff\">DataCr\u00e9dito<\/span> key to opening up new opportunities.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Since 1998, <span style=\"color: #3366ff\">DataCr\u00e9dito<\/span> has provided credit bureau, scoring and analytics services. Its established value proposition, together with the company&#8217;s experienced team, provides a solid foundation for growing the business&#8217;s leadership in: <\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400\">Risk analysis.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Decision-making.<\/span><\/li>\n<li><span style=\"font-weight: 400\">Fraud prevention platforms in the Dominican market.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">&#8220;<span style=\"color: #800000\">Equifax<\/span> <span style=\"color: #99cc00\">is the only cloud-native credit reporting agency<\/span>. By leveraging our cloud-based global technology framework, we can drive relevant, market-focused innovation. We have also been able to scale and adapt to the specific needs of each country where we operate,&#8221; says <strong>Lisa Nelson<\/strong>, <em><strong>President of <span style=\"color: #800000\">Equifax International<\/span><\/strong><\/em>. &#8220;At the same time, we are focused on bringing more of our enterprise strengths to international regions. More than 4,000 organisations in Latin America are currently <span style=\"color: #3366ff\">DataCr\u00e9dito<\/span> customers, with strong growth prospects fuelled by the addition of differentiated data and analytics assets that only <span style=\"color: #800000\">Equifax<\/span> can provide.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400\"><span style=\"color: #3366ff\">DataCr\u00e9dito<\/span> is now part of <span style=\"color: #800000\">Equifax&#8217;s<\/span> International business unit, and the business will continue to be led by <strong>Alberto Adam, <em>Corporate Vice President of<span style=\"color: #3366ff\"> DataCr\u00e9dito<\/span><\/em><\/strong>. Adam says: &#8220;The combination of<span style=\"color: #800000\"> Equifax<\/span> and Proyecto Domin\u00f3 will improve the credit landscape in the Dominican Republic, helping consumers to<span style=\"color: #99cc00\"> generate strategic insights to make better decisions. <\/span><\/span><\/p>\n<p><span style=\"font-weight: 400\"><span style=\"color: #800000\">Equifax&#8217;s<\/span> expertise and innovative solutions, together with our technical and analytical experience in the region, will help address the country&#8217;s need to expand access to credit for consumers and small and medium-sized businesses.&#8221; <\/span><\/p>\n<p><span style=\"font-weight: 400\"><strong>Chris Jones, <em>President of <span style=\"color: #800000\">Equifax Latin America (LATAM)<\/span><\/em><\/strong>, comments on the innovation-driven strategy under way in the region: &#8220;We have transformed the markets where<span style=\"color: #800000\"> Equifax<\/span> operates by combining our unique data, analytics and technology. With the acquisition of <span style=\"color: #3366ff\">DataCr\u00e9dito<\/span>, we are bringing our expertise and comprehensive set of solutions to the Dominican Republic. This is a bridge to the Caribbean that will allow us to connect and stay close to strategic regional customers and deliver better service to our consumers.&#8221;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Since the beginning of 2021, <span style=\"color: #800000\">Equifax<\/span> has invested <span style=\"color: #99cc00\">more than US$3 billion in strategic acquisitions to strengthen the company for the future.<\/span> This acquisition is not expected to have a material impact on <span style=\"color: #800000\">Equifax&#8217;s<\/span> 2022 financial results.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For more information about <span style=\"color: #800000\">Equifax<\/span> and the global markets where it operates, visit <span style=\"color: #800000\"><strong><a style=\"color: #800000\" href=\"https:\/\/www.equifax.com\/\">Equifax.com<\/a><\/strong><\/span><\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-6362\" src=\"https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/IMG-6359-300x200.jpg\" alt=\"\" width=\"818\" height=\"545\" srcset=\"https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/IMG-6359-300x200.jpg 300w, https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/IMG-6359-1024x683.jpg 1024w, https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/IMG-6359-768x512.jpg 768w, https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/IMG-6359-1536x1024.jpg 1536w, https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/IMG-6359-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 818px) 100vw, 818px\" \/><\/p>\n<p><span style=\"color: #800000\"><b>FORWARD-LOOKING STATEMENTS<\/b><\/span><\/p>\n<p><span style=\"font-weight: 400;color: #808080\">This release contains forward-looking statements and information. All statements that address operating performance and events or developments that we expect or anticipate will occur in the future, the expected financial and operational benefits, synergies and growth from the DataCr\u00e9dito acquisition.<\/span><\/p>\n<p><span style=\"font-weight: 400;color: #808080\"> Our ability to integrate DataCr\u00e9dito and its products, services, technologies, IT systems and personnel into our operations, and similar statements about our outlook and our business plans, are forward-looking statements. <\/span><\/p>\n<p><span style=\"font-weight: 400;color: #808080\">We believe these forward-looking statements are reasonable when made; however, they are subject to risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations or projections. These risks and uncertainties include, among others, those described in our 2021 Form 10-K and subsequent SEC filings. As a result of such risks and uncertainties, we urge you not to place undue reliance on any forward-looking statements. Forward-looking statements speak only as of the date when made. <\/span><\/p>\n<p><em><span style=\"font-weight: 400;color: #808080\"><span style=\"color: #808080\">We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.<\/span><\/span><\/em><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-6357 alignnone\" src=\"https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/R-300x56.png\" alt=\"\" width=\"300\" height=\"56\" srcset=\"https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/R-300x56.png 300w, https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/R-1024x192.png 1024w, https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/R-768x144.png 768w, https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/R-1536x288.png 1536w, https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/R-2048x383.png 2048w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/p>\n<p><span style=\"color: #800000\">ABOUT EQUIFAX INC.<\/span><\/p>\n<p><span style=\"font-weight: 400\">At <span style=\"color: #800000\">Equifax,<\/span> we believe knowledge drives progress. As a global data, analytics and technology company, <span style=\"color: #800000\">Equifax <\/span>plays an essential role in the global economy by helping financial institutions, companies, employers and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics and cloud technology drives insights to power decisions that move people forward. Headquartered in Atlanta and supported by 13,000 employees worldwide, <span style=\"color: #800000\">Equifax<\/span> operates or has investments in 25 countries in North, Central and South America, Europe and the Asia Pacific region. <\/span><\/p>\n<p><span style=\"font-weight: 400\">For more information, visit <span style=\"color: #800000\"><strong><a style=\"color: #800000\" href=\"https:\/\/www.equifax.com\/\">Equifax.com.<\/a><\/strong><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The purchase of the Dominican Republic&#8217;s largest credit bureau expands Equifax&#8217;s presence in Latin America. ATLANTA (March 15, 2022) &#8211; Equifax continues to expand its international footprint with the acquisition of Data Cr\u00e9dito, the largest credit bureau in the Dominican Republic. By bringing the power of the Equifax Cloud to credit reporting and scoring in [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":6360,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[486],"tags":[2457,2458,2459,2460,2461,2462,2463],"class_list":["post-12751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-room","tag-data-credito-en","tag-datacredito-en","tag-equifax-en","tag-equifax-inc-en","tag-equifax-latam-en","tag-equifax-latin-america-en","tag-equifax-latin-america-latam-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.3 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Equifax acquires DataCr\u00e9dito - AF Comunicaci\u00f3n Estrat\u00e9gica<\/title>\n<meta name=\"description\" content=\"The purchase of the Dominican Republic&#039;s largest credit bureau expands Equifax&#039;s presence in Latin America.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/afcomunicacion.com\/en\/press-room\/equifax-acquires-datacredito\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equifax acquires DataCr\u00e9dito\" \/>\n<meta property=\"og:description\" content=\"The purchase of the Dominican Republic&#039;s largest credit bureau expands Equifax&#039;s presence in Latin America.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/afcomunicacion.com\/en\/press-room\/equifax-acquires-datacredito\/\" \/>\n<meta property=\"og:site_name\" content=\"AF Comunicaci\u00f3n Estrat\u00e9gica\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/afcomunicacionestrategica\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-28T20:47:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/afcomunicacion.com\/wp-content\/uploads\/2022\/03\/IMG-6360-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1741\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"AF Comunicaci\u00f3n Estrat\u00e9gica\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AFComunicacion\" \/>\n<meta name=\"twitter:site\" content=\"@AFComunicacion\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"AF Comunicaci\u00f3n Estrat\u00e9gica\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/afcomunicacion.com\\\/en\\\/press-room\\\/equifax-acquires-datacredito\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/afcomunicacion.com\\\/en\\\/press-room\\\/equifax-acquires-datacredito\\\/\"},\"author\":{\"name\":\"AF Comunicaci\u00f3n Estrat\u00e9gica\",\"@id\":\"https:\\\/\\\/afcomunicacion.com\\\/en\\\/#\\\/schema\\\/person\\\/fe64955688913b2174ea1635745e7379\"},\"headline\":\"Equifax acquires DataCr\u00e9dito\",\"datePublished\":\"2022-03-28T20:47:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/afcomunicacion.com\\\/en\\\/press-room\\\/equifax-acquires-datacredito\\\/\"},\"wordCount\":845,\"publisher\":{\"@id\":\"https:\\\/\\\/afcomunicacion.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/afcomunicacion.com\\\/en\\\/press-room\\\/equifax-acquires-datacredito\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/afcomunicacion.com\\\/wp-content\\\/uploads\\\/2022\\\/03\\\/IMG-6360-scaled.jpg\",\"keywords\":[\"Data Credito\",\"DataCr\u00e9dito\",\"Equifax\",\"Equifax Inc.\",\"Equifax LATAM\",\"Equifax Latin America\",\"Equifax Latin America (LATAM)\"],\"articleSection\":[\"Press Room\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/afcomunicacion.com\\\/en\\\/press-room\\\/equifax-acquires-datacredito\\\/\",\"url\":\"https:\\\/\\\/afcomunicacion.com\\\/en\\\/press-room\\\/equifax-acquires-datacredito\\\/\",\"name\":\"Equifax acquires DataCr\u00e9dito - 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