Equifax Inc. Expands Global AI Capabilities with New Innovation Lab in Ireland
Reuters
Sep 11
Equifax Inc. Expands Global AI Capabilities with New Innovation Lab in Ireland
Equifax Inc. is expanding its artificial intelligence capabilities with the opening of a state-of-the-art AI Innovation Lab in Wexford, Ireland. Supported by the Irish Government through IDA Ireland, the new facility will act as a global hub for developing next-generation AI solutions aimed at enhancing decision-making and improving customer experiences. This initiative is part of Equifax's ongoing global EFX.AI strategy, which is backed by a $3 billion investment in its custom-built Equifax Cloud infrastructure. The lab will focus on creating advanced AI models, machine learning algorithms, and data analytics tools, drawing on the expertise of a global team of over 1,200 data and analytics professionals. Paul Heywood, Chief Data & Analytics Officer for Equifax Europe, emphasized the lab's role in empowering financial institutions to make smarter credit decisions, ultimately benefiting consumers.
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