ATLANTA - August 18, 2021 – Equifax (NYSE: EFX)
announced an exclusive integration with National Student
Clearinghouse® (Clearinghouse) as part of its strategic expansion of
pre-employment verification offerings. The education dataset further
enhances the verifications data hub being created by Equifax Workforce
Solutions to help serve the fast-growing employee onboarding space.
Talent Report™ Education will be available to background screeners and
employer clients later this year. The report will offer for each
candidate, via a single inquiry, all available postsecondary degree
information from participating Clearinghouse institutions.
Report Education is a significant step forward for industries
where education requirements are necessary. With reliable access to 94
percent of degrees conferred by U.S. four-year colleges in the
Clearinghouse database, background screeners and employers will have a
new single-input solution to help quickly source candidate information
and speed the hiring process. By jointly creating an exclusive,
ordering experience, Equifax and the Clearinghouse have dramatically
reduced the need to tap separate sources or provide multiple inputs to
quickly access pre-employment verifications from The Work NumberⓇ database and
the education data that can help employers make more informed hiring decisions.
“Talent Report Education is a major step forward in our
commitment to help facilitate faster, more-informed hiring decisions
for talent acquisition professionals,” said Joe Muchnick, Senior
Vice President at Equifax Workforce Solutions. “We’ve seen increased
demand for a more holistic view of the candidate and additional
candidate data. This collaborative effort with the Clearinghouse to
help streamline access to education data for our Talent Report
products will give background screeners and employers greater
visibility into a candidate’s history than ever before.”
Pre-employment screening has become a standard practice over
the past several years, with a 2020 survey released by HR Research
Institute and the Professional Background Screening Association
reporting that more than 90 percent of employers are conducting at
least one type of employment background screening. Education screening
is also on the rise. The same survey showed that the number of hiring
managers completing education verifications for all candidates nearly
doubled to 40% from 2019 to 2020.
“The teams at the Clearinghouse are committed to serving
employers and other verifiers with access to the trusted data source
for accurate degree data they depend on,” said Larry Hatch, Vice
President, Business Solutions, National Student Clearinghouse.
For background screeners looking for additional efficiency,
the Equifax Talent Report Express will feature the same simple,
single-input functionality and deliver a bundled solution that
includes all available Clearinghouse postsecondary degree information,
employment history and identity validation from Equifax Workforce Solutions.
More information on Pre-Employment Verifications from
Equifax Workforce Solutions is
ABOUT EQUIFAX INC.
At Equifax (NYSE: EFX), we believe knowledge drives
progress. As a global data, analytics, and technology company,
we play an essential role in the global economy by helping
financial institutions, companies, employers, and government
agencies make critical decisions with greater confidence. Our
unique blend of differentiated data, analytics, and cloud
technology drives insights to power decisions to move people
forward. Headquartered in Atlanta and supported by more than
12,000 employees worldwide, Equifax operates or has investments in
24 countries in North America, Central and South America, Europe,
and the Asia Pacific region. For more information, visit Equifax.com.
ABOUT NATIONAL STUDENT CLEARINGHOUSE
The National Student Clearinghouse, a nonprofit formed in
1993, is the trusted source for and leading provider of higher
education verifications and electronic education record exchanges.
Access to our verified 1st party data falls under the same data
access provisions and conditions for background screeners. Besides
working with nearly 3,600 postsecondary institutions, the
Clearinghouse also provides thousands of high schools and districts
with continuing collegiate enrollment, progression, and completion
statistics on their alumni. For more details, visit studentclearinghouse.org.
For more information email@example.com
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