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TechnoparkToday August, 2025 – Global data, analytics, and technology company Equifax, which has a strong presence in Technopark Trivandrum, has been recognized on the 2025 AIFinTech100 list by FinTech Global. The annual list identifies the world’s most innovative providers of AI solutions for financial services, selected by a panel of industry experts and analysts.
The recognition comes in light of Equifax’s pioneering work in explainable, ethical, and responsible AI, backed by more than a decade of research and a $3 billion investment in the Equifax Cloud™. Unlike opaque “black box” models, Equifax’s patented AI techniques are designed for transparency and fairness — ensuring decisions assisted by AI are explainable, ethical, and compliant with regulations.
Raghu Kulkarni, Chief AI Officer, emphasized the company’s focus on trust and ethics in financial technology:
“Explainability is central to EFX.AI. It ensures AI-driven financial decisions are not only accurate but also fair and understandable, building confidence for both institutions and consumers.”
Equifax holds more than 300 issued and pending patents supporting its AI initiatives. Jake Osborne, SVP and GM of Fintech and Payments, marked the 10th anniversary of the company’s patented Explainable AI approach, describing their innovation as an “AI factory” that rapidly deploys compliant and explainable algorithms at scale.
Beyond innovation, the company’s AI efforts aim to expand financial inclusion. Through solutions like OneScore, which integrates traditional credit data with alternative data sources such as telecom and utility records, Equifax estimates that 8.4 million additional consumers with thin or no credit files could gain access to essential financial services.
The inclusion of Equifax in the AIFinTech100 2025 reinforces the company’s leadership in applying AI to transform financial services, with a clear focus on transparency, security, and inclusivity. Its Technopark Trivandrum center plays a vital role in driving these global innovations forward, strengthening Kerala’s position as a hub for advanced technology development.
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