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Equifax and FICO selling consumer data to banks

Barron’s: “Equifax, the credit reporting company, is planning to team up with Fair Isaac (ticker FICO)), the creator of the FICO credit score, to sell consumer data to banks, the companies said Wednesday. The goal of the partnership is to take Equifax’s troves of data on millions of Americans and “connecting it and embedding with FICO’s differentiated software,” Equifax CEO Mark Begor told Barron’s in an interview Wednesday. “It really allows companies to more easily absorb data.”…

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