Equifax announced on November 17, 2025 that it had completed the acquisition of Vault Verify, a provider of real‑time, API‑based employment and income verification services. The transaction was finalized on the same day, marking a new milestone in Equifax’s strategy to broaden its verification portfolio.
Vault Verify’s technology is designed to deliver instant verification data, a capability that complements Equifax’s existing The Work Number database. The company’s focus on the healthcare sector adds a new vertical to Equifax’s offerings, allowing the firm to serve a broader range of employers and financial institutions that require rapid, accurate employment confirmation.
The acquisition is being folded into Equifax’s Workforce Solutions business unit, which has shown steady growth. In the third quarter of 2025, Workforce Solutions revenue rose 5% year‑over‑year, and in the fourth quarter of 2024 it grew 7%. Equifax’s Q3 2025 earnings report—released on October 21—showed total revenue of $1.545 billion, up 7% from the prior year, and an adjusted EPS of $2.04, exceeding guidance. The addition of Vault Verify is expected to accelerate this momentum by expanding the data set available to verifiers and employers.
Equifax has been pursuing a cloud‑native transformation since 2018, moving core workloads to platforms such as Google Cloud and AWS. The integration of Vault Verify’s real‑time API is a tangible example of how the company’s cloud strategy enables rapid deployment of new services. By embedding Vault Verify’s technology into its cloud architecture, Equifax can deliver faster, more scalable verification solutions while reducing on‑premises infrastructure costs.
The deal reinforces Equifax’s competitive edge in the workforce solutions market. By combining Vault Verify’s instant verification capability with The Work Number’s extensive employment database, the company can offer a more comprehensive suite of services that appeal to employers, lenders, and government agencies. This expanded offering positions Equifax to capture additional market share in a sector that increasingly demands real‑time data for decision‑making.
"Our purpose is to help people live their financial best," said Equifax CEO Mark Begor. "The acquisition of Vault Verify complements The Work Number and expands our verification capabilities, providing additional information that streamlines critical financial moments for consumers." COO Joe Muchnick added, "The combined teams will deliver a richer set of knowledge and capabilities, helping consumers get decisions more quickly through secure, efficient verifications."
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.