Retail Alliance has a for-profit division called Business Solutions. Business Solutions is comprised of our representation as Equifax and Data Genesis Sales Agents in Virginia. Our goal is to serve as your strategic partner for the success of your business. Click the logos below for more information about each service or go directly to their website for more detailed information at http://www.rabizsol.com
During the early years of the association, the extension of credit by retailers was a crucial part of day-to-day business. With the creation of the Retail Merchants Association (RMA) in 1903, RMA was in the right place at the right time to cater to the credit reporting needs of its members. In 1906, the purchase of the Norfolk Bureau of Credit was the ideal fit for the organization.
Throughout the years, RMA focused on credit reporting initiatives. Through automation and other peripheral services (mortgage credit reporting and recovery services), the credit bureau became a major revenue generator.
Changes in technology, automation, and national mergers supplanted the need for a local credit bureau and its peripheral services. The credit reporting files were sold to Equifax, with Retail Alliance Business Solutions continuing to represent Equifax as the Sales Agent in Hampton Roads. The Business Solutions team also represent Data Genesis’ credit card processing solutions throughout Hampton Roads.