PhotoA start-up is taking on Equifax’s employee verification service, and it now has a bit of a war chest too. And Equifax does not notify those workers each time it gives information to a bank or a potential landlord. The recipients would click to see what information their employers plan to share and can approve the handoff. We wanted to flip the model on its head.”PhotoEmployers pay to use these services, as do banks and others that grant credit. Mr. Sandler said that his company intends to charge banks at least one-third less than Equifax does.

Source: New York Times April 11, 2018 21:33 UTC