Archives

June 26, 2023 @ 7:32 am By Omar Faridi  |  

A newly released TransUnion and J.D. Power study shows that while most remain in positive equity positions, potential risk is “increasing among some consumers and lenders.” A return to a vehicle environment “closer to the pre-pandemic norm has allowed for inventories to replenish and for… Read More

June 19, 2023 @ 10:51 pm By Omar Faridi  |  

Truework says sit has reached a significant milestone in their journey as they “work towards creating trust in every financial transaction.” Truework has entered into a strategic partnership with TransUnion, one of the largest information and insights companies in the world. In addition, TransUnion has… Read More

June 14, 2023 @ 6:08 am By Omar Faridi  |  

More than one-third (36%) of property managers who are “aware of the practice of reporting rent payments to credit reporting agencies do so.” The finding comes from new research from the Tenant and Employment business at TransUnion (NYSE: TRU) and “represents a 37% increase from… Read More

May 24, 2023 @ 8:55 am By Omar Faridi  |  

One in five data and analytics decision-makers cite the inability to process big data and act on it at the speeds needed by operations, businesses and customers as a top challenge in executing their vision, according to an update from TransUnion (NYSE: TRU). To ease… Read More

May 12, 2023 @ 8:35 am By Omar Faridi  |  

The newly released Q1 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE: TRU) shows that in this current economic climate in which inflation remains at elevated levels and interest rates have risen sharply, consumers “are increasingly turning to credit to manage their household… Read More

April 24, 2023 @ 6:57 pm By Omar Faridi  |  

In a move that should help lenders make better, more informed decisions on credit applications submitted using blockchain technology, TransUnion (NYSE: TRU) has partnered with Spring Labs and Quadrata in order “to deliver off-chain credit scoring to DeFi and Web3 applications (internet applications based on… Read More

April 19, 2023 @ 3:51 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) announced it is leveraging its acquisition of Neustar to expand its partnership with Datavant, which helps organizations securely connect health data, “to offer de-identified patient insights and measurement solutions for HIPAA-focused healthcare brands.” The partnership will enable Datavant’s ecosystem of partners “to… Read More

February 1, 2023 @ 8:20 am By Omar Faridi  |  

TransUnion (NYSE: TRU) has announced a strategic investment in Bud Financial Limited, a key player focused on Open Banking and data intelligence. This dynamic partnership will “help drive innovation and growth in the personal finance market and support better outcomes for consumers, with greater financial… Read More

May 10, 2022 @ 1:44 pm By Omar Faridi  |  

Global information and insights provider TransUnion has reportedly appointed Amanda Rendle to its UK board as a non-executive director. Rendle brings considerable experience in marketing and communications spanning four decades, with extensive expertise in financial services. Rendle has previously led an established customer engagement program… Read More

May 31, 2021 @ 6:37 pm By Omar Faridi  |  

The COVID-19 pandemic has taken a heavy toll on Hong Kong residents’ financial situation with many people now worried about whether they’ll still be able to settle their bills, according to a recent TransUnion survey report. TransUnion’s Consumer Pulse study reveals that Hong Kong consumers’… Read More

February 21, 2021 @ 7:33 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) confirmed that consumer credit activity keeps rising from the COVID-19 pandemic lows, but some areas like automobile loans (subprime) performance have lagged. As noted in an update published on February 18, 2021, by TransUnion, the company’s Q4 2020 Industry Insights report looks… Read More

October 25, 2020 @ 5:02 pm By Omar Faridi  |  

The COVID-19 pandemic has accelerated the shift to digital with financial services, according to a recent report from TransUnion (NYSE:TRU), a financial services data platform and credit report provider. The report notes that the Coronavirus outbreak sent “shockwaves” through the financial services sector and has… Read More

September 2, 2020 @ 12:55 pm By JD Alois  |  

While TransUnion (NYSE:TRU) pursues a path of silence on the matter, yesterday’s outage is said to have been caused by a Distributed Denial of Service attack (DDOS) according to an industry insider. The TransUnion site is currently live and working fine as of this report…. Read More

September 1, 2020 @ 6:44 pm By JD Alois  |  

Transunion (NYSE:TRU), a financial services data platform and credit report provider, struggled with an outage today. At the time of this writing, Transunion’s website would not load and company representatives were not responding to an inquiry regarding the outage. Transunion is perhaps best known for… Read More

April 9, 2018 @ 1:03 pm By Erin Hobey  |  

Nova Credit, based in San Francisco and backed by Index Ventures, First Round Capital, NYCA and Core Innovation Capital, has partnered with Transunion to serve creditworthy newcomers to Canada who may otherwise miss out on credit opportunities due to a lack of Canadian credit history…. Read More

December 1, 2016 @ 9:00 am By Erin Hobey  |  

PeerIQ, a data and analytics provider in the marketplace lending sector, and TransUnion (NYSE: TRU), a global information solutions provider, today announced a strategic partnership to bring enhanced transparency and insight to alternative lending markets. “Our partnership with TransUnion is a significant milestone for us, and… Read More

October 6, 2016 @ 7:31 am By Erin Hobey  |  

TransUnion (NYSE: TRU) announced the launch of its Fraud Prevention Exchange, an industry collaborative designed to combat online fraud at the Lend360 conference. The Fraud Prevention Exchange will leverage the power of collective data and help lenders face challenges brought on by originations fraud, including synthetic identity and loan stacking. TransUnion… Read More