FinTech

Equifax and VTEX Collaborate to Strengthen Global Fraud Protection

Published March 19, 2024

In a strategic move to bolster fraud prevention for merchants globally, Equifax Inc. EFX, a leading multinational consumer credit reporting agency, has teamed up with VTEX VTEX, the comprehensive commerce platform for major B2C and B2B brands. This collaboration is set to bring about a significant enhancement in the security measures used to safeguard against fraudulent activities in digital commerce.

Revolutionizing Fraud Protection

The synergy between Equifax's expertise in credit monitoring and fraud prevention and VTEX's state-of-the-art digital commerce platform is poised to lead to the development of a fortified fraud protection environment. Equifax brings to the table its vast experience in managing credit and demographic data coupled with advanced analytics to support business operations. VTEX, on the other hand, provides a robust and flexible software-as-a-service platform to its vast client base spanning across numerous countries.

Global Impact

With this partnership, businesses around the world can expect a more secure online shopping experience as the advanced technologies deployed by both companies work in unison to detect and prevent fraudulent transactions. The collaboration comes at a time when eCommerce is experiencing exponential growth and the necessity for effective fraud prevention solutions is at an all-time high. The joint endeavor aims to not only protect companies but also to instill greater confidence among consumers when purchasing online.

About the Companies

Equifax Inc. EFX is not only a top player in the consumer credit reporting arena but also offers direct services to consumers including credit monitoring and personalized fraud prevention support. Headquartered in the United States, Equifax's global reach and innovative services have made it one of the most respected names in the credit industry. VTEX VTEX, headquartered in London, United Kingdom, delivers its software-as-a-service digital commerce platform to businesses, enabling them to achieve streamlined operations and enhanced customer experiences in the digital space.

Equifax, VTEX, FraudProtection