Tagged: transunion

June 1, 2025 @ 9:50 pm By Omar Faridi  |  

As consumers grapple with rising costs and high interest rates, recent studies have revealed an increased reliance on credit products to help make ends meet. Despite the seemingly rapid growth in balances, a new analysis by TransUnion (NYSE: TRU) uncovers a more complex reality. According… Read More

April 27, 2025 @ 7:44 pm By Tony Zerucha  |  

Affirm Holdings, Inc. (NASDAQ: AFRM) is expanding the credit reporting of its pay-over-time products to TransUnion (NYSE: TRU), the companies jointly announced today. All Affirm pay-over-time loans issued from May 1 onward, including Pay in 4 and longer-term monthly installments, will be reported to TransUnion…. Read More

April 18, 2025 @ 12:19 am By Omar Faridi  |  

One year ago, TransUnion (NYSE: TRU) introduced its transformative OneTru solution enablement platform for “managing, governing, analyzing and delivering data, identity and insights.” Today, OneTru delivers “on its promises, accelerating and expanding the pace and breadth of the company’s innovation.” Over the course of 2024… Read More

March 27, 2025 @ 7:29 am By Omar Faridi  |  

TransUnion (NYSE: TRU) announced it completed a FedRAMP Ready assessment for TruValidate solutions for government, which help public agencies interact with American public users to help protect against fraud. The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides “a standardized… Read More

March 6, 2025 @ 6:04 pm By Omar Faridi  |  

Tax refund theft is an annual concern and 2025 brings an elevated risk, according to a TransUnion (NYSE: TRU) analysis. Researchers found that in 2024 there were “970 data breaches in which fraudsters obtained the kinds of personally identifiable information (PII) required for various forms… Read More

January 16, 2025 @ 5:15 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) latest research finds “shifting preferences” in communication channels and increased investments in AI tools Utilizing data to drive the right approach in a rapidly changing environment is becoming “more impactful to recovery and collections performance than ever.” Those that do will be… Read More

January 9, 2025 @ 9:49 pm By Omar Faridi  |  

TransUnion (NYSE:TRU) has signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver personalized credit offers to consumers via comparison sites and other third parties. TransUnion currently owns 30% of the equity of Monevo… Read More

October 18, 2024 @ 5:58 pm By Omar Faridi  |  

A recent TransUnion (NYSE: TRU) analysis finds that fraud is said to be costing businesses the equivalent of nearly 7% of revenues. According to the extensive report from TransUnion, three in four business professionals indicated fraud stayed the “same or increased” in the last year;… Read More

September 17, 2024 @ 2:09 pm By JD Alois  |  

TransUnion (NYSE: TRU) and MoneyLion (NYSE: ML) will be working together. MoneyLion will be utilizing TransUnion’s data and credit solutions as part of its hosted credit-decisioning platform. Dee Choubey, co-founder and CEO of MoneyLion, said by integrating Transunion’s credit data they will be able to… Read More

September 16, 2024 @ 2:15 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) announced that it is strengthening its partnership with leading income and employment verification provider, Truework. The new arrangement enables a single-click solution, via TransUnion third-party platform integration, for a deeper resident screening workflow “that adds a powerful income and employment verification waterfall.”… Read More

September 6, 2024 @ 8:39 am By Omar Faridi  |  

Credit union balances have been rising, led by consumers on both ends of the credit risk spectrum, according to an update from TransUnion (NYSE: TRU). TransUnion’s Q3 2024 Credit Union Market Perspectives Report explores “the current state of consumer credit and its impact on credit… Read More

August 19, 2024 @ 4:25 am By Omar Faridi  |  

Auto insurance purchasing volume set a new record for the second consecutive quarter, according to new research from TransUnion (NYSE: TRU). The number of U.S. consumers shopping for auto insurance “was up 7%, compared to Q2 2023 (YoY).” This trend has been driven in recent… Read More

August 12, 2024 @ 8:13 am By Omar Faridi  |  

Findings from the newly released Q2 2024 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE: TRU) reveal that as consumers continue to await interest rate relief in the form of rate cuts, credit products continue to serve to bridge the financial gaps that may… Read More

August 8, 2024 @ 5:01 am By Omar Faridi  |  

TransUnion (NYSE: TRU) announced its partnership with Snowflake, the AI Data Cloud company, to launch TruIQTM Data Enrichment on Snowflake Marketplace. TruIQ Data Enrichment’s availability on Snowflake Marketplace will “provide joint customers with unlimited, on-demand access to pseudonymized TransUnion credit data in the Snowflake AI… Read More

July 24, 2024 @ 10:05 pm By Omar Faridi  |  

TransUnion (NYSE: TRU) is announcing a new partnership with SafeGuard Privacy that will help streamline marketers’ vetting for compliance when selecting their third-party audience vendors. As marketers look to grow their brand by reaching their high-value audiences, they increasingly look “to third-party data providers to… Read More

July 13, 2024 @ 12:19 am By Omar Faridi  |  

Millions of U.S. consumers have used Buy Now, Pay Later (BNPL) loans with 89% stating they are satisfied or very satisfied with the credit product. A survey from TransUnion (NYSE: TRU) also revealed that 85% of BNPL users would recommend such loans to others. The… Read More

July 10, 2024 @ 11:40 pm By Omar Faridi  |  

Multifamily property managers face a daunting task when it comes to screening applicants. They need to conduct thorough criminal background checks in “a timely manner, while observing increasingly stringent consumer privacy regulations.” To address this challenge, TransUnion (NYSE: TRU) announced its collaboration with Asurint to… Read More

July 2, 2024 @ 6:55 pm By Omar Faridi  |  

A TransUnion (NYSE: TRU) study released today found that consumer affordability challenges and tighter lending restraints are impacting new vehicle originations across the auto industry. The study, Originating Auto Loans With Confidence, “explored trends in auto originations, consumer savings, debt burdens and credit scores in… Read More

June 15, 2024 @ 5:56 pm By Tony Zerucha  |  

TransUnion’s Q2 2024 Consumer Pulse study shows that consumer concerns about inflation and interest rates reached their highest levels in two years. Despite these concerns, they come as 55% of Americans remain optimistic about their household finances over the next year – the same percentage observed in Q2… Read More

June 13, 2024 @ 10:15 pm By Omar Faridi  |  

TransUnion’s (NYSE: TRU) Q2 2024 Consumer Pulse study found that consumer concerns about inflation and interest rates reached their highest levels in two years. Despite these concerns, they come “as 55% of Americans remain optimistic about their household finances over the next year – the… Read More