ATLANTA — Equifax recently launched two products designed to improve and speed decision-making and loan processing for financial institutions.

With InterConnect Direct(TM), the company has launched an account origination, risk decisioning and cross-selling solution for mid-sized banks and credit unions. Equifax's credit risk management and lending solutions are used by more than 30 of the top 50 banks and InterConnect Direct will allow mid-sized financial institutions to utilize the InterConnect platform to access enhanced decisioning capabilities.

InterConnect Direct enables institutions to make real-time account origination and risk decisions by automating key business processes and providing integration with data from Equifax, third-party sources and internal databases. According to Equifax, this solution can help banks and credit unions make consistent credit decisions across all sales channels, verify customer identity and credit history to reduce fraud, edit business rules and capture cross- sell opportunities.