ATLANTA and SAN RAFAEL, Calif. Equifax Inc. and Fair, Isaac & Co. said Wednesday that they had expanded a strategic partnership in Brazil to give lenders there a way to reach the countrys most creditworthy consumers.
The agreement will give Brazilian businesses a range of credit-granting tools that will allow them to assess credit risk and cross-sell multiple lines of credit, the companies said. The first of these offerings, slated to be available in the fourth quarter, will tap into information from Equifax, deliver scores developed by Fair, Isaac, and enable lenders to establish proprietary risk management strategies.
Equifaxs information and Experto decisioning technologies will be integrated with Fair, Isaacs LiquidCredit its Web-enabled credit decisioning solution so that lenders may offer instant credit to consumers, the companies said. This service is meant to help lenders convert single transactions into lasting relationships.
The power of this partnership combining superior Equifax information with Fair, Isaac analytics and our shared technologies will provide our customers with the most advanced credit decisioning tools available, Equifax chairman and chief executive officer Tom Chapman said.
