IFA Adds Equiniti Riskfactor to Preferred Vendor Program

The International Factoring Association, the world’s largest association of commercial finance companies, accepted Equiniti Riskfactor (EQ Riskfactor) into its preferred vendor program. Approved vendors undergo a thorough screening process before being selected and are subject to ongoing monitoring.

EQ Riskfactor’s risk management technology uses automation to identify potential frauds along with advanced analytics. The technology highlights unusual activity so lenders can better investigate fraud and reduce risk. The tools also help lenders to eliminate manual processes, saving time and money.

EQ Riskfactor will offer an exclusive benefit available only to IFA members.

“I am delighted to announce EQ Riskfactor as our new preferred vendor,” Bert Goldberg, Executive Director of the International Factoring Association, said. “IFA members that currently use their product indicated that the company is easy to work with and the product has been helpful with their portfolio. The exclusive offer of ‘free hosting’ for our members will help to make this product more affordable.”

Headquartered in Avila Beach, CA, with more than 450 corporate members, the International Factoring Association is the largest association of commercial finance companies in the world. Members include factoring companies, asset-based lenders and other receivables finance companies.