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Equifax and Mastercard partner to launch Open Score, a CDR-backed credit assessment aimed at improving financial inclusion for Australians.

Jul 20, 20254 days ago

Contract Type

partnership

AtlantaSoftware

Description

Equifax Australia and Mastercard have unveiled Open Score, a new credit assessment system that uses Consumer Data Right (CDR) to assist 2.5 million Australians with limited credit histories. This partnership aims to enhance credit visibility and promote financial health through innovative technology.

Company Information

Company

Equifax

Location

Atlanta, Georgia, United States

About

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, employers, 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 nearly 15,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region.

Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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