Innovis is the credit reporting division of CBC Companies and is considered the fourth largest consumer credit reporting agency in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

, behind the “big three”

Experian Experian is an American–Irish multinational data analytics and consumer credit reporting company. Experian collects and aggregates information on over 1 billion people and businesses including 235 million individual U.S. consumers and more t ...

TransUnion TransUnion is an American consumer credit reporting agency. TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including "200 million files profiling nearly every credit-active consum ...

, and

Equifax Equifax Inc. is an American multinational consumer credit reporting agency headquartered in Atlanta, Georgia and is one of the three largest consumer credit reporting agencies, along with Experian and TransUnion (together known as the "Big Thr ...

. Based in

Columbus, Ohio Columbus () is the state capital and the most populous city in the U.S. state of Ohio. With a 2020 census population of 905,748, it is the 14th-most populous city in the U.S., the second-most populous city in the Midwest, after Chicago, and t ...

, the company offers services like fraud protection, credit information, identity verification, and receivables management.

Company history

Innovis began as ACB Services, founded by Associated Credit Bureaus (ACB) in 1970. In 1989, ACB Services was purchased and renamed Consumers Credit Associates (CCA). First Data Corporation purchased CCA and renamed it Innovis, Inc. in 1997. Most recently, CBC Companies purchased Innovis, Inc. in 1999. Although they have the same parent company, Innovis is different than CBCInnovis, which merged with mortgage credit-reporting agency, Factual Data, in 2019.

Products

Identity verification An identity verification service is used by businesses to ensure that users or customers provide information that is associated with the identity of a real person. The service may verify the authenticity of physical identity documents such as a driv ...

*Receivables management *Fraud and

identity theft Identity theft occurs when someone uses another person's personal identifying information, like their name, identifying number, or credit card number, without their permission, to commit fraud or other crimes. The term ''identity theft'' was co ...

prevention *Consumer Reports

Credit reports

The company's credit reports contain your personal information and credit history. It does not include your credit score. Their reports are most often used for pre-screened marketing offers. Their services are also used by cell phone service providers. Innovis also collects non-traditional credit information like rent payments, magazine subscriptions and utility bills.

FailSafe Fraud Suite

Under the direction of Bruce Nixon, president of Innovis, the company launched the FailSafe Fraud Suite, which provides multi-layer authentication that works to identify abnormal patterns of behavior in an effort to fight fraud.

References

External links

* {{authority control Credit scoring American companies established in 1970 Financial services companies established in 1970 Financial services companies of the United States 1970 establishments in Ohio 1989 mergers and acquisitions 1997 mergers and acquisitions 1999 mergers and acquisitions