Tagged: transunion

June 1, 2022 @ 7:46 am By Omar Faridi  |  

The United Kingdom’s cost of living crisis is leading to a considerable increase in consumers checking their credit score. This, according to a recent update from Lloyds Bank. Elyn Corfield, Managing Director Consumer Finance at Lloyds Bank said: “Almost 1 million people checked their credit… 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

March 18, 2022 @ 5:30 pm By Tony Zerucha  |  

  Quadrata, a passport network bringing the identity and compliance layer to DeFi applications on existing public blockchains, this week launched their Web3 passport. The Quadrata Passport allows network participants to build DeFi applications, expand financial services and leverage the proprietary technology to initially access… Read More

June 25, 2021 @ 8:34 pm By Omar Faridi  |  

Prove, which offers an innovative way of proving identity by requiring only a phone number, reveals that it has integrated TransUnion’s TruValidate identity verification solution into its product offering so that it can offer a new, instant, digital identity service in Hong Kong. The launch… 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

January 18, 2021 @ 11:15 am By Samantha Hurst  |  

  Global information and insights company, TransUnion, announced on Monday it has partnered with South Africa-based financial marketplace, Fincheck, to make the credit application process easier and less frustrating for consumers. According to the duo, consumers are now able to access a free TransUnion credit report… 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

January 27, 2020 @ 1:01 pm By Samantha Hurst  |  

Financial Data Exchange, a non-profit organization that is dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure and convenient consumer and business access to their financial data, announced on Monday it welcomed 25 new members between August 1st and December 31st,… Read More

January 18, 2020 @ 10:38 am By Omar Faridi  |  

Singapore-based Fintech firm CredoLab has confirmed that the Financial Services Authority (OJK) has officially recognized it as an established provider of financial technology services to companies in Indonesia. Michele Tucci, chief product officer at CredoLab, stated: “Clients can rely on the OJK’s assessment and audit… Read More

October 31, 2019 @ 5:12 pm By Omar Faridi  |  

Chicago, Illinois-based TransUnion (NYSE: TRU), a company that provides credit reports and credit scores, released a study on October 30 in which it looked at what happens when consumers take out a personal loan to pay off their credit card debt. The study revealed that… Read More

June 23, 2019 @ 12:44 pm By JD Alois  |  

Online lending is the future. Everybody knows that. It is easier, faster, and more convenient for both lender and borrower. Over the past decade or so, a good number of direct lenders, be they balance sheet, marketplace or other, have cropped up to service the… Read More

February 22, 2019 @ 3:40 pm By JD Alois  |  

TransUnion (NYSE: TRU), a US consumer credit reporting agency that profiles just about every single consumer, has just published its Q4 2018 Industry Insights Report and their data holds good news for Fintechs. According to TransUnion, Fintechs continue to increase their market share of personal loans… Read More

July 9, 2018 @ 5:59 pm By JD Alois  |  

This is interesting. According to a report in Bloomberg, online lending has grown impressively in the past seven years. Quoting data from TransUnion, the write states that Fintech firms originated 36% of all personal loans in 2017. This is in contrast to just under 1% in… Read More

April 20, 2018 @ 9:13 am By Samantha Hurst  |  

TransUnion (NYSE: TRU) announced on Friday it has agreed to acquire UK-based consumer credit bureau Callcredit. The credit bureau giant reported it acquired Callcredit for the price of £1 billion. While sharing more details about the acquisition, Jim Peck, TransUnion’s President and CEO, stated: “TransUnion and Callcredit have… 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

February 28, 2018 @ 3:22 pm By Samantha Hurst  |  

PeerIQ, a leading data and analytics platform operating in the online lending sector, recently announced it was launching a consumer credit suite, which is a fully integrated data and analytics enhancement available through the PeerIQ Analytics platform. The new suite is notably the result of… Read More

August 2, 2017 @ 7:14 am By JD Alois  |  

PeerIQ Expands Into Traditional Lending Sector PeerIQ, a provider of data and analytics for the lending sector, has closed a $12 million Series A funding round, co-led by TransUnion, Hearst’s Financial Venture Fund and Macquarie Group. Existing investors Uprising and former Morgan Stanley CEO John… Read More

March 28, 2017 @ 5:59 am By Erin Hobey  |  

Global Debt Registry (GDR), the asset certainty company known specializing in loan validation, will be utilizing data from credit information provider TransUnion in order to extend the range of GDR’s eValidationSM services for investors and issuing creditors in the online lending industry. By combining GDR’s expertise in real validation of… Read More