Equifax Consumer Services, the leader in empowering consumers with credit information solutions and Intersections Inc., a premier provider of credit monitoring and fraud prevention services to consumers, announced a multi-year strategic partnership. The partnership will create a comprehensive suite of information services to meet the growing demand of consumers who wish to better manage their information privacy and credit health.
The partnership leverages the strong market positions of both companies while expanding both online and offline information services. In addition to direct marketing to consumers, the companies will broaden distribution channels for co-branded and private labeled services targeted to financial institutions, large employers and large consumer associations.
“Intersections is recognized for their excellent customer service process, consumer- friendly culture, strong product development skills and fulfillment platform which supports both online and offline consumer services,” stated Virgil Gardaya, general manager, Equifax Consumer Services, “They are a premier company and will add substantial new opportunities for our consumer services business.”
“Equifax was the pioneer in empowering consumers with online credit management services,” stated Michael Stanfield, Intersections’ CEO, “By forging a partnership with Equifax, Intersections will be able to leverage their world-class technology and data management capability. Our combined strengths will substantially increase the distribution networks for our products and services.”
Equifax enables and secures global commerce through its information management, consumer credit, marketing services, business information, authentication and e-commerce businesses. As the leader in information services, Equifax adds value wherever customers do business, including the financial services, retail, telecommunications/utilities, information technology and healthcare industries, brokerage, insurance and business lending industries and government. Equifax also enlightens, enables and empowers consumers to manage and protect their financial health with services offered at [www.equifax.com]. The company ranked in the top five in return on equity among Business Week’s Best Performers for 2001. Equifax employs 5,600 in 13 countries and has $1.1 billion in annual revenue.
About Intersections Inc.
Intersections is a leader in providing consumers with comprehensive credit and privacy solutions. Founded in 1996, the company has served over 2.8 million consumers and has active service relationships with seven of the top ten credit and charge card financial institutions in the US. The company’s services include: daily fraud alert notifications, complete quarterly credit report updates, tracking and analysis of personal credit scores, theft of identity insurance, and fraud victim assistance. Learn more about Intersections at Intersections.com.