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

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in the

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, behind the “big three”

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, and

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. Based in

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, the company offers services like fraud protection, credit information, identity verification, and receivables management. Innovis is a subsidiary of CBC Companies, but companies that report debt activity, such as

Verizon Verizon Communications Inc. ( ), is an American telecommunications company headquartered in New York City. It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the ...

, refer to the company by the name "Innovis", or simply state that they report to "all four credit agencies".

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 *Receivables management *Fraud and

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

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