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Equifax and HooYu sign KYC and onboarding partnership

Source: Fintech Futures
Equifax has signed a KYC (Know Your Customer) and customer relationship management agreement with regulatory technology company HooYu.
Equifax supports customers in regulated and unregulated sectors through HooYu technology.
According to the data company, Equifax chose HooYu to "seamlessly expand the existing Equifax database identity check solution."
Equifax customers will also be able to deploy HooYu user interface (UI) and user experience (UX) tools on their own websites or applications to help guide customers through the process.
Keith McGill, head of fraud and ID at Equifax UK, said that by working with HooYu, his company can “simplify and improve our customers’ KYC process ”and help them“ enhance the end user experience, protect future sources of income, and prevent fraud from becoming increasingly serious. And meet regulatory standards. "
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