It's a Regular size geocache, with difficulty of 2, terrain of 2.5. . "[67], The company was charged with rewarding its employees for collecting negative information on consumers in the 1970s. The U.S. entry into World War II had a serious impact on Retail Credit's business. By the mid-1960s, nearly 300 branch offices had been opened along with almost 1,400 sub-offices, employing roughly 7,400 inspectors. We Have Some Questions", "Equifax, Inc. (EFX) Income Statement - Yahoo Finance", "Equifax Inc. 2022 Annual Report (Form 10-K)", "How to protect yourself against the theft of your identity", "All Products and Solutions | Business | Equifax", "All Credit Score, Credit Report & Identity Theft Products | Equifax", "Equifax breach just another page in the sordid history of credit bureaus", "A Summary of Your Rights Under the Fair Credit Reporting Act", "ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2001", "GeoTrust acquires Equifax's digital certificate business", "DEFINITIVE PROXY STATEMENTS RELATING TO MERGER OR ACQUISITION", "Equifax buys local eThority: Company to stay, grow in Charleston, founder says", "Who controls opinion polling in Australia, what else we need to know about the polls, and why it matters", "The Dizzying Number Of CFPB Complaints Against Equifax Since 2012 Should Infuriate You", "Equifax just discovered 2.4M more account breaches", "Equifax, Apache Struts, and CVE-2017-5638 vulnerability | Synopsys", "Equifax CIO Put '2 and 2 Together' Then Sold Stock, SEC Says", "Former Equifax employee sentenced for insider trading", "Former Equifax Executive Gets 4 Months for Insider Trading | SecurityWeek.Com", "Former Equifax manager sentenced to 8 months home confinement for insider trading", "Ex-Equifax Manager Gets Home Confinement for Insider Trading | SecurityWeek.Com", "Equifax Is Said to Be Near $650 Million Settlement for Data Breach", "Equifax agrees to pay $700M after massive data breach", "Report: Equifax to pay $700 million in breach settlement", "Opinion | Equifax Doesn't Want You to Get Your $125. [81], Consumer lawsuits claiming damages under the FCRA have been successful in small claims court. [18], Equifax was the subject of more than 57,000 consumer complaints to the Consumer Financial Protection Bureau from October 2012 to September 17, 2017, with most complaints relating to incomplete, inaccurate, outdated, or misattributed information held by the company. Please enter your email and password to sign in. According to Bloomberg, Equifax enlisted Mandiant (owned by FireEye, Inc.) to assist in investigating the March attack. Try again. Frazer Center is tucked away on 39 acres of old-growth forest in the heart of Atlanta. In addition, the agency sells fraud prevention and credit monitoring services to their customers. The company experienced rapid growth, and by 1920 it had opened offices all over Canada and the United States, and by the 1960s, the agency was one of the leading credit bureaus. It has been recognized in the Top 100 list of the Worlds Most Innovative Companies by Forbes. Over the years, the agency has faced several challenges, their biggest one being security failings. Your new password must contain one or more uppercase and lowercase letters, and one or more numbers or special characters. Equifax has an annual revenue of over $3.1 billion. Retail Credit Company's information holdings and willingness to sell its information attracted criticism in the 1960s and 1970s. With 4,600 employees in 13 countries worldwide, and $1.4 billion in annual revenue, the Atlanta-based Standard and Poors 500 firm is one of Georgias most profitable companies. Another concern was growing consumer dissatisfaction. Although the company sold seven subscriptions rapidly after one of Atlanta's largest department stores bought the first, by the end of Retail Credit's first year only 37 merchants and 47 grocers had signed on board. [19], In September 2017, Equifax announced a cyber-security breach, which it claims to have occurred between mid-May and July 2017,[20] where cybercriminals accessed approximately 145.5 million U.S. Equifax consumers' personal data, including their full names, Social Security numbers, birth dates, addresses, and driver license numbers. [citation needed] The company also had a division selling specialist credit information to the insurance industry but spun off this service, including the Comprehensive Loss Underwriting Exchange (CLUE) database as ChoicePoint in 1997. Please ensure you have given Find a Grave permission to access your location in your browser settings. As a trustee of the Fernbank Science Center in Atlanta, Woolford helped to acquire land that would become a buffer for the Fernbank Forest. The agency also purchased a business intelligence company known as eThority, which has headquarters in Charleston, South Carolina. Guy Woolford and his brother, Cator, founded Retail Credit Company, which became Equifax in the 1970s. Equifax was founded by Cator and Guy Woolford in Atlanta, Georgia, as Retail Credit Company in 1899. In 1979 the company took a big step in that direction, acquiring Elrick & Lavidge, a Chicago firm that performed marketing surveys, and merging it into the company's Marketing Information Services subsidiary. (TRW's credit bureau was spun off as Experian Inc. in 1996.). Eventually the Frazers and Lanes acquired the former estate of Cator Woolford (founder of the Retail Credit Company, now Equifax), 39 acres located in Lake Claire/Druid Hills. Retail Credit's activities in the consumer credit business were regulated for the first time in 1971, when Congress passed the Fair Credit Reporting Act, effective in April. Cator Woolford (1869-1944) moved to Georgia and formed a credit bureau there with his brother Guy. In 1920, however, Retail Credit's insurance business suffered a serious blow when a consortium of insurance companies formed the American Service Bureau to provide members with investigative reports of the sort that Retail Credit supplied. [23], In March 2018, the Security and Exchange Commission accused Jun Ying, Equifax's former CIO, of illicit insider trading, by selling company stock before the breach was publicly disclosed. All Rights Reserved | Privacy Policy, We have a credit expert available right now to take your call. [42][43][44], In 1999, Equifax began offering services to the credit consumer sector in addition, such as credit fraud and identity theft prevention products. Search above to list available cemeteries. All requests for permission to publish or reproduce the resource must be submitted to the rights holder. Which memorial do you think is a duplicate of Cator Woolford (73468528)? Son of John Stevens Brohawn and Mary Ellen Rees Woolford.Founder of the Retail Credit Company of Atlanta, Ga., now Equifax, one of the three major credit-rating agencies in the US.Married Charlotte Louise Boyd (19001965) on 01 Jan 1920, at the home of her parents in Griffin, Spalding, GA, U.S., Newspapers.com Marriage Index, 1800s-2020, U.S., Newspapers.com Obituary Index, 1800s-current, Thank you for fulfilling this photo request. Learn more about managing a memorial . The company's purchase of Telecredit was complicated by a sizable drop in the value of Equifax stock during 1990, as investors grew concerned about the stability of the company's profits in an economic downturn. [13] The insurance reporting was phased out. As of April 2023, The net worth of Equifax is estimated to be $5 billion. [82], Equifax software engineer Sudhakar Reddy was charged with insider trading for purchasing options prior to the disclosure of the 2017 data breach. Today, in addition to its credit-reporting and risk-management businesses, Equifax markets credit cards and provides fraud-detection services, database marketing, and risk consulting. Equifax's image-polishing moves came just as the company's net income had declined from $64 million in 1990 to $5 million in 1991; the general recession had held down demand for credit and credit reports, plus a restructuring that cut about 1,900 jobs resulted in a $19 million charge. This legislation gave consumers rights regarding information stored about them in corporate databanks. 1979: Retail Credit Company changes its name to Equifax. Towards this end, the company opened five new insurance-related offices in that year. The business soon became very successful. Retail Credit attempted to make up the slack by increasing automobile insurance reporting; by the following year, more than one-fifth of the agency's business was contributed by this division. Weve updated the security on the site. 1901: Retail Credit Company expands into the moral hazard market, selling credit information to life insurance companies. Where would you like to work? 1986: The company amasses data on more than 150 million consumers in 28 states. In 1923 Retail Credit spun off local consumer credit rating operations and formed a new corporation, Credit Service Exchange. He established the Thomas Guy Woolford Charitable Trust, which is today administered by SunTrust Banks (now Truist). Many years later, after Woolfords death in 1944, his former Druid Hills estate became the site of the Frazer Center, a rehabilitation facility for children and adults with disabilities, and the Cator Woolford Gardens, designed by landscape architect Edward Daugherty. For many years, Equifax has operated mostly on the business-to-business sector, where it sold consumer credit and insurance reports. Woolford also spearheaded fund-raising efforts for the construction of Georgia Hall, one of several buildings Roosevelt erected in Warm Springs. Other failings were on the exposure of American salary data, and website malware. To cover the costs of this effort, Woolford sold copies of the book to other merchants. As a new century dawned and the company entered its second century in business, Equifax was busy gaining a toehold in the burgeoning world of Internet commerce. Cator Woolford (1869-1944), Atlanta businessman, civic leader and philanthropist, founded the Retail Credit Company (the precursor to Equifax) in 1899. Its believed that this change was part of a means to improve its image after being found in violation of the Fair Credit Reporting Act after it was signed into law in 1971. This is a carousel with slides. (France); UAPT-Infolink, plc (U.K.). Reese, Krista. The change symbolized the company's growing capabilities and prepared the way for further diversification of its activities, from operations centered in the insurance industry to wider marketing functions. In 1934, he co-founded the short-lived Correct Address Company, with Edwin K. Large . Who Is The Founder Of Equifax? Please check your email and click on the link to activate your account. 0 cemeteries found in Woolford, Dorchester County, Maryland, USA. While this type of operation was inherently local, Retail Credit had become interested in activities that could be pursued on a broader scale. Flowers added to the memorial appear on the bottom of the memorial or here on the Flowers tab. There is 1 volunteer for this cemetery. In June the pages of the book were run out on a mimeograph machine and bound between hard covers with the title "Merchant's Guide.". Insurance companies paid much more highly for the information they needed; Retail Credit quickly expanded operations into this lucrative area. They were originally founded in 1898, 70 years before the creation of Trans Union. If you notice a problem with the translation, please send a message to [emailprotected] and include a link to the page and details about the problem. This was one of the last parcels in Druid Hills to be purchased, ostensibly because so much of it was considered There was an error deleting this problem. Equifax Inc (NYSE:EFX) 196.37. Retail Credit changed its name in 1979 to Equifax Inc., derived from "equitable factual information." [35], In July 2020, Equifax reported that, after purchasing Ansonia Credit Data (Ansonia), a major source of consumer credit, payments, and invoice receivables (AR) data used by financial companies and other borrowers and businesses in the shipping and logistics sectors, the firm has expanded its position in commercial payment technology solutions. Close this window, and upload the photo(s) again. There he supervised the compilation of a list of customers, with indications of their creditworthiness, for the local Retail Grocer's Association. . Its headquarters are located on Peachtree Street in downtown Atlanta. In the fall of 1901, the company dispatched a salesman to the Northeast to drum up business in the home offices of the nation's largest insurance companies. To view a photo in more detail or edit captions for photos you added, click the photo to open the photo viewer. View a photo in more detail or edit captions for photos you added click... 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