Equifax Inc Q3 2020 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Andrew Owen Nicholas - William Blair & Company L.L.C., Research Division - Analyst : Can you speak to the potential for competitors to replicate certain aspects of The Work Number database in the U.S. over a longer time frame? It certainly seem unlikely that they'd have the same level of integration with employers and the same number of employers. But are there other ways to gather some of the same data aspects, whether it be through some of the payroll processors or analyzing demand deposit accounts? I guess I'm just wondering how you protect your moat there and whether alternative approaches to gathering income and employment data could result in alternatives for your customers down the road.

Question: Andrew Owen Nicholas - William Blair & Company L.L.C., Research Division - Analyst : Got it. Yes, that makes sense. And then switching gears a little bit for my follow-up. I was hoping you could speak to the margin performance in the International business in the third quarter. Margins expanded quite nicely year-over-year despite the revenue decline. So I was just wondering if there's anything you'd point to specifically on the cost front in that segment and how permanent some of those savings could potentially be.