Lycos, Equifax Tie for Co-Branded Financial Site

Share this article:
Consumer information management marketer Equifax Inc., and Lycos.com this week signed a deal to provide users of the online portal with Equifax information services and products on a co-branded site that will debut in September.


Users visiting the Lycos portal can click on Equifax-branded tabs on such site channels as business and careers, real estate, auto, shopping and personal finance Web guides to be whisked straight to the co-branded site.


"What we're trying to do with this arrangement is that in the event the users try to review information on Lycos to buy online or offline, they have the opportunity to have access to their credit file via Equifax," said Sean Barror, manager-financial e-commerce at Lycos, Waltham, MA.


Barror made clear that Lycos will have no access to the consumer's credit information, according to existing laws on privacy.


The relationship between the two marketers will be promoted via banner ads on Lycos' home page, Web guides and run-of-site positions across the site. Text links will also take users straight from Lycos' Web guides to Equifax.com, where Barror said the planned co-branded site will reside.


The e-commerce component of the deal is represented by the sale of users' credit reports online via Equifax, said Barror. This helps the consumer review his or her financial status before making a purchase.


"Equifax is the first provider of this financial information interactively," he said, adding that currently credit reports presented online were static. "Not only can users get the credit report online, they can also navigate interactively through point-and-click functions."
Share this article:
You must be a registered member of Direct Marketing News to post a comment.
close

Next Article in Data/Analytics

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Data/Analytics

One Third of Companies Fail to Measure Data Quality ROI

One Third of Companies Fail to Measure Data ...

Twenty percent of companies assume their data quality tools pay off, while another 10% doesn't monitor ROI at all.

Ensighten and Anametrix Unite in an Open Relationship

Ensighten and Anametrix Unite in an Open Relationship

Ensighten's purchase of the analytics company is about giving ultimate ownership of data to marketers, says CEO Josh Manion.

The Perils (and Positives) of Vanity Metrics

The Perils (and Positives) of Vanity Metrics

Experts break down the up- and downsides of popular vanity metrics, such as Facebook likes and Twitter followers.