Experian partners with Fairtile on new credit platform
On February 15, 2022, Experian Plc (Experian) announced that the company had entered a partnership with financial technology Fairtile. The partnership will involve the two companies working together to create a credit management platform for their consumers. Experian cited how previously, platforms that handle credit information have locked out consumers that did not have a credit history either because of their age or because they have moved to a new area. The new platform will help address this issue by making it an accessible platform for more consumers.
Product Innovation|New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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