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Equifax Canada Names New CTO to Drive Powerful Solutions and AI Innovation ...
TORONTO, ON – [November 6, 2025] – Equifax, a global data analytics and technology leader, today announced the appointment of Venky Rajaraman as Chief Technology Officer for Equifax Canada. This strategic appointment reinforces Equifax Canada’s commitment to the organization’s next chapter of growth and innovation, fueled by its global Equifax Cloud™ transformation.  Rajaraman brings to Equifax extensive experience ...
November 06, 2025
Equifax Canada Response to the Government of Canada’s Priority to Fight Fin ...
TORONTO, ON (November 5, 2025) - "At Equifax, we are focused on helping people in Canada live their financial best, including protecting them from scams and financial crimes. As the largest consumer credit bureau in Canada that runs the ecosystem’s most comprehensive known fraud exchange in the country, we were excited to hear that the Government of Canada has set a pivotal agenda for 2026 that focuses on a robust National Anti ...
November 05, 2025
Rising Costs and Access to Credit Weighs on Business Owners, New Equifax Ca ...
TORONTO, ON (October 30, 2025) – Canadian entrepreneurs are heading into the final few months of 2025 and cite mounting financial pressure due to rising costs, slowing demand, and a lack of confidence in their credit know-how, according to new research* from Equifax Canada. Equifax Canada commissioned the Equifax Canada Small and Medium Business Owners Survey and found that of small and medium business owners surveyed ...
October 30, 2025
One in Three Canadians Targeted by Scam Texts in Just Three Months, Equifax ...
TORONTO, ON (October 27, 2025) – Canadians are facing a flood of scam attempts, with one in three reporting fraudulent job or CRA-related texts in the past three months alone, according to new research from Equifax Canada. The Equifax Cybersecurity Survey*, reveals a growing preparedness gap in what to do in cases of scams or fraud. Nearly two-thirds of Canadians surveyed say they would contact the police if their identity w ...
October 27, 2025
Credit Card Fraud Escalates As Fraud Continues to Be a Concern for Canadia ...
TORONTO, ON (October 1, 2025) – Equifax Canada’s Market Pulse Fraud Trends and Insights Report for the first half of 2025 reveals a sharp rise in credit card fraud, even as overall application fraud rates across Canada have fallen to their lowest point since Q3 2022. Nationally, application fraud rates dropped to 0.56 per cent in the second quarter of 2025, down from 0.70 per cent in the previous quarter and 0.57 per cent a ye ...
October 01, 2025
Equifax Canada Introduces Optimal Path, an Interactive Solution to Empower ...
TORONTO, ON (September 25, 2025) – Equifax® Canada introduces Optimal Path™, an interactive solution that uses an individual’s credit data to create personalized, actionable suggestions to help Canadians in building a better credit future. Powered by the Equifax Cloud™ and patented EFX.AI capabilities, Optimal Path is a breakthrough innovation in Equifax Credit Health™, now available to banks, lenders and fintechs to offer to their c ...
September 25, 2025
Identifying problematic accounts that might be hiding in your ecosystem wit ...
Product Release (September 23, 2025 Toronto, ON) — Entity Link, part of Equifax Canada’s Digital Crimes Exchange™, helps organizations to defend against fraud through the secure exchange of data across the life of a customer, regardless of when or how that customer was onboarded.  “Fraud avoidance is no longer a strategic advantage”, says Carl Davies, Head of Fraud & Identity at Equifax Canada, explaining that th ...
September 23, 2025
Small Businesses Face Pressure as Delinquencies Remain Elevated and Uncerta ...
TORONTO, ON (September 16, 2025) – Canadian small businesses faced continued financial pressures in the second quarter of 2025, driven by a complex mix of macroeconomic factors and uncertain trade relations, as well as shifts in consumer and household spending, according to the latest Equifax Canada Market Pulse – Quarterly Business Credit Trends Report. Real GDP fell by 0.4 per cent, impacting the overall business outlook.   ...
September 16, 2025
Canadians Considering Switching Banks and Lenders to Meet Their Credit and ...
TORONTO, ON (September 11, 2025) – Canadians are re-evaluating their financial relationships, according to new research from Equifax Canada. A new consumer survey* commissioned by Equifax Canada shows many people in Canada are considering switching from their current banks and lenders in search of additional support for their credit and financial needs. Key findings from the survey include: 56 per cent of ...
September 10, 2025
Delinquency Levels Show Signs of Stabilizing, But The Financial Gap Continu ...
TORONTO, ON (August 18, 2025) – New insights from Equifax® Canada Market Pulse Quarterly Consumer Credit Trends and Insights show early signs of stabilization in consumer credit performance in the second quarter of 2025. The improvements in credit health were more visible for mortgage holders while those with no mortgage, especially younger Canadians, continued to struggle with financial pressures. In Q2 2025, close to 1.4 million Canad ...
August 18, 2025
Trended Risk Predictor from Equifax Canada: Helping improve financial incl ...
Product Release [July 3, 2025 Toronto, ON] — Built from Canada’s largest, most comprehensive  consumer credit risk database, Trended Risk Predictor™ from Equifax® Canada is designed to help lenders predict risk in a dynamic and evolving market, to potentially enable an additional 1.6M consumers to become scoreable with a valid credit score. The newest model leverages patented EFX.AI techniques to identify the most predic ...
July 03, 2025
Debt Pressure Building Up for Canadian Businesses
TORONTO, ON (June 10, 2025) – After a cautiously optimistic end to 2024, Canadian businesses seem to have entered 2025 with trepidation. According to the Equifax® Canada Q1 2025 Business Credit Trends and Insights Report, delinquencies are rising for businesses across the country and credit demand is slowing, while key sectors are showing early signs of distress — especially those tied closely to consumer trends, with delinquency rates n ...
June 10, 2025