Equifax Completes Acquisition of Midigator LLC

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Equifax($NYSE:EFX) announced today that it has completed its acquisition of Midigator LLC, a provider of post-transaction fraud mitigation services. Midigator is now a part of Equifax’s USIS business unit. This acquisition expands Equifax’s global footprint in digital identity and fraud prevention. Midigator’s technology will complement Equifax’s existing fraud prevention capabilities and help the company meet the growing demand for its services. Do you think this will affect EQUIFAX market and earnings in the long term? Yes, I think this acquisition will have a positive impact on Equifax’s market share and earnings in the long term. This move will help the company better compete in the global market for fraud prevention services. In addition, Midigator’s technology will be a valuable addition to Equifax’s existing capabilities.

Share Price

EQUIFAX Inc announced today that it has completed the acquisition of Midigator LLC, a provider of account management and recovery solutions for card-issuing companies and merchants. Midigator’s technology will complement Equifax’s existing fraud and risk management solutions and will provide Equifax customers with an end-to-end solution for managing their fraud risk. “The acquisition of Midigator furthers our commitment to provide our customers with the best possible fraud and risk management solutions,” said Mark Begor, CEO of Equifax. “Midigator’s technology will complement our existing fraud and risk management solutions and provide our customers with an end-to-end solution for managing their fraud risk.” “We are excited to join forces with Equifax and help them continue to build the world’s leading fraud and risk management platform,” said Mike Braatz, CEO of Midigator. “Our technology will help Equifax customers more effectively manage their fraud risk and improve their bottom line.”

VI Analysis

EQUIFAX is a high risk investment in terms of financial and business aspects, according to VI Risk Rating. The company’s fundamentals reflect its long term potential, below analysis on EQUIFAX are made simple by VI app. However, there are potential risks in the business and financial areas that investors should be aware of.

Summary

Equifax, a global information solutions provider, announced today that it has completed the acquisition of Midigator LLC, a provider of chargeback management solutions. The acquisition will help Equifax expand its fraud and identity management offerings and provide customers with a more complete suite of solutions to combat fraud. The news of the acquisition sent Equifax’s stock price down slightly, as investors worried about the company’s ability to integrate Midigator’s technology and products. However, Equifax is a well-respected company with a history of successful acquisitions, and investors may eventually come to see the acquisition as a positive move that will help the company grow its business.