Tekambi + Equifax: The Ultimate Integration for Smarter Lending Decisions

Big news, lenders! Tekambi is leveling up to bring even more powerful insights into your lending process. Thanks to our new integration with Equifax and the cutting-edge The Work Number® you’ll be able to make smarter, faster lending decisions that benefit both you and your customers.

This isn’t just an upgrade—it’s a revolution for how you approach credit risk and underwriting. Let’s dive into what this means for you.

So, What’s The Work Number?

It’s all about insight, speed, and confidence. This tool connects you to up-to-date, employer-provided income and employment data in real-time. From pay frequency to the most recent pay date, it gives you the details you need right up front—helping you gain confidence in the consumer's application while reducing delays.

Here’s why this matters:

• You can verify employment with information directly from employers, refreshed with every payroll cycle.

• This data helps you streamline your workflows, making decisions faster than ever.

• Plus, it reduces friction in the consumer experience—no one likes hunting down pay stubs, right?

Why Should You Care?

Because it’s not just about making your life easier—it’s about delivering a better experience for borrowers, too. By keeping the process simple, seamless, and fast, you can keep consumers engaged, reduce application abandonment, and close more deals.

And for you, the benefits are clear:

• Faster Decisions: Leverage instant employment data to speed up your decision-making process.

• Boosted Confidence: Verified data gives you peace of mind when approving applications.

• Streamlined Operations: Forget manual processes—this integration automates key steps so you can focus on growth.

• Expanded Insights: Gain a clearer picture of borrowers' financial health with up-to-date data.

A Game-Changer for Lenders Using Tekambi

We didn’t just stop at “good.” By combining the power of The Work Number from Equifax with Tekambi’s industry-leading decisioning tools, we’ve created a dynamic duo that will completely transform your lending capabilities.

Here’s what Tekambi’s Equifax integration adds to your toolkit:

• Smarter Underwriting: Gain earlier insights to make more accurate decisions.

• Improved Compliance: Stay ahead of regulatory requirements with streamlined, secure data.

• Seamless Integrations: Easily incorporate this into your existing Tekambi workflow—no extra hassle needed.

How Tekambi Stacks Up Against the Rest

When it comes to lead management, underwriting, and compliance, Tekambi is already leading the charge. Now, with our Equifax integration, we’re taking it to the next level:

Introducing OneScore for Alternative Finance. This alternative data score was designed specifically for non-traditional lenders and helps you better understand a consumer’s creditworthiness and ability to pay by leveraging exclusive alternative data assets from DataX, Teletrack, and telco and utility consortium data. It’s backed by advanced modeling technology and Gradient Boosting Machine (GBM) learning.

OneScore for Alternative Finance can help you:

• Enhance predictive performance by up to 66% for short term lending

• Access to 97.7% of the market with expanded data coverage

• Boost approval rates by 20-40% without raising risk thresholds

Start enhancing your underwriting processes today with Equifax Alternative Data Solutions.

Ready to get started with OneScore for Alternative Finance or The Work Number? Contact us at EFXAltFi@equifax.com to learn more.

¹ Equifax Data and Analytics, 2024 (results may vary)

Let’s Build the Future of Lending Together

This new integration is live and ready to empower your lending portfolio! Ready to see it in action? Request a free demo today and discover how Tekambi + Equifax can elevate your lending operations, improve your decision-making, and set you apart from the competition.

Don’t get left behind—start making smarter, faster, and more confident lending decisions today.