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Equifax Expands Strategic Patent Portfolio in First Half of 2026
Equifax Expands Strategic Patent Portfolio in First Half of
About this update from Equifax, Inc.
Company Adds 39 New Global Patents to Enrich New Product Innovation and Deepen Leadership in Explainable AIATLANTA, June 30, 2026 /PRNewswire/ -- Equifax® (NYSE: EFX) has secured 39 new patents in the first half of 2026, broadening its global intellectual property (IP) portfolio of more than 750 issued or pending patents across the globe. Continued portfolio expansion is part of the organization's forward-looking IP strategy, designed to maximize the value of Equifax proprietary data for customers and consumers, accelerate and differentiate EFX.AI product innovation, and deepen leadership in explainable Artificial Intelligence (xAI). Year-to-date, Equifax has secured 14 new patents that directly support the company's approach to AI, further complementing its EFX.AI™ strategy for product innovation. "Equifax has driven decades of continuous innovation to ensure that our customers are always equipped with the most advanced, secure, and predictive capabilities available," said Harald Schneider, Global Chief Data & Analytics Officer at Equifax. "Our hundreds of inventors around the world focus on patenting technology that maximizes the value of proprietary data in an increasingly AI-focused business environment, empowering our customers to make more intelligent decisions and create new consumer opportunities faster than ever before."The 39 patents secured in the first half of 2026 further support Equifax innovation in three core areas:Explainable AI That Turns Complex Data into Transparent Insights Explainable AI helps customers responsibly analyze massive amounts of data to make more informed decisions. Equifax led the way toward an industry standard for explainable AI, introducing the first machine learning credit scoring system with the ability to generate logical and actional reason codes for consumers more than a decade ago. Since that time, the company has more than 180 pending or approved patents for explainable AI techniques. In the first half of this year, Equifax secured a Canadian patent grant on its original methodology for optimizing neural networks for risk assessment, expanding this invention into 11 patents globally, including in the U.S., Australia, and India.Optimizing Neural Networks for Risk Assessment (Canada) - This patented system solves the problem of the AI "black box" by forcing credit-scoring neural networks to maintai...