Zoot and Equifax Announce Joint Solutions Geared toward Financial, Payment Industries
Strategic partnership combines best of two companies’ assets to better serve financial industry needs
November 12, 2014
Zoot, a global provider of advanced loan origination, account acquisition and credit risk management solutions, today announced a strategic partnership with Equifax Inc. (NYSE:EFX), a global information solutions provider at BAI Retail Delivery 2014 in Chicago, Illinois. This agreement brings together unparalleled Equifax data assets with superior Zoot technology to benefit clients in the financial industry.
"Zoot and Equifax have decades of experience serving the largest financial institutions worldwide. This is a rare partnership that brings the best technology and data together to give our clients exactly what they are looking for,” said Dennis Dixon, president of Zoot Enterprises. “Together we provide a new standard in credit and customer interaction solutions.”“The depth and breadth of Equifax data combined with Zoot’s world-class infrastructure makes for a powerful solution,” said Brad Jones, Retail Banking Leader, Equifax. “Together, we will be able to cost-effectively manage marketing and risk decisions across all of the products we will offer to our customers. Most importantly, our technology and services meet the business, compliance, performance, and security requirements of today’s markets.”
The operational synergy of the companies’ core competencies and industry leading capabilities creates a new generation of solutions for the rapidly evolving financial and payment industry. Equifax and Zoot are embracing a partner-centric strategy that allows each company to focus on what they do best while at the same time giving their clients a comprehensive set of solutions. Clients benefit from seamless integration, highly predictive data assets on more than 600 million consumers, 81 million businesses and the fastest processing times in the industry.
About Equifax Inc.
Equifax is a global leader in consumer, commercial and workforce information solutions that provide businesses of all sizes and consumers with insight and information they can trust. Equifax organizes and assimilates data on more than 600 million consumers and 81 million businesses worldwide. The company’s significant investments in differentiated data, its expertise in advanced analytics to explore and develop new multi-source data solutions, and its leading-edge proprietary technology enable it to create and deliver unparalleled customized insights that enrich both the performance of businesses and the lives of consumers.
Headquartered in Atlanta, Equifax operates or has investments in 19 countries and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is traded on the New York Stock Exchange (NYSE) under the symbol EFX. In 2013, Equifax was named a Bloomberg BusinessWeek Top 50 company, was #3 in Fortune's Most Admired list in its category, and was named to InfoWeek 500 as well as the FinTech 100. For more information, please visit www.equifax.com.
Bozeman, Mont.-based Zoot Enterprises, Inc. is a global provider of advanced loan origination, account acquisition, and credit risk management solutions. For more than 20 years the company’s innovative tools and services model has enabled Zoot clients to meet their exact business objectives and adapt quickly to seize market opportunities. Zoot’s multinational processing environment has the capacity to deliver billions of realtime decisions annually. Visit http://www.zootweb.com or call 406.556.7555 for more information. Zoot thought leaders are now featured on zootweb.com/blog.