ATLANTA, Nov. 24, 2020 /PRNewswire/ -- Equifax (NYSE: EFX)
continues to develop real-time data and insight tools to help
government agencies more efficiently and confidently process the
rising number of social service benefit applications.
Designed to give benefit administrators an additional indicator of
potential dual enrollment, the addition of the exclusive Duplicate
Applicant Risk Indicator module can quickly help flag individuals
that may be applying for benefits across state or county lines,
helping to determine eligibility and manage risk such as the
potential of dual benefit participation.
The Duplicate Applicant Risk Indicator is delivered through
Instant Client Insights™ for Eligibility (ICI), a scalable and
configurable technology platform delivering relevant, real-time
data driven products and solutions to support faster and more
accurate social service benefit decisions. The module also may be
activated within the UI Eligibility suite of services released
earlier this year and designed to provide more visibility into
Unemployment Insurance (UI) claim eligibility. The
Duplicate Applicant Risk Indicator is powered by the The Work
NumberⓇ database, the industry-leading, centralized
commercial repository of income and employment information in the
U.S.
"System integration of data and tools at the point of
application can facilitate both validation of applicant provided
information, but also catch anomalies," commented Mike Bromley, SVP of Government Services at
Equifax. "With more than 111 million active records, the unmatched
depth of The Work Number means Duplicate Applicant Risk Indicator
can quickly flag applicants that may have applied for benefits in
another state or county helping caseworkers mitigate blind spots in
application processing."
The products and data sets offered through the Equifax
Government Services division are designed to help provide more
visibility into applicant eligibility, streamline the benefit
decision process. With additional fraud and instant verification
solutions in place, benefit decisions for those who qualify can be
made more quickly and efficiently.
ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe
knowledge drives progress. As a global data, analytics, and
technology company, we play an essential role in the global economy
by helping financial institutions, companies, employees, and
government agencies make critical decisions with greater
confidence. Our unique blend of differentiated data, analytics, and
cloud technology drives insights to power decisions to move people
forward. Headquartered in Atlanta
and supported by more than 11,000 employees worldwide, Equifax
operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia
Pacific region. For more information, visit Equifax.com
For more information
mediarelations@equifax.com
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SOURCE Equifax Inc.