TRANSUNION overview

TransUnion’s new TruVision Trended Risk Score expands lenders’ insights into consumers who may not otherwise be scoreable, helping increase financial inclusion. The solution is Canada’s only credit score offering built using post-pandemic consumer data, with a view into borrowing and payment behaviour, calculated from more than 100 proprietary variables. TORONTO, March 19, 2025 (GLOBE NEWSWIRE) -- TransUnion® (NYSE:TRU) Canada is helping expand credit access for new Canadians and those...

CHICAGO, March 17, 2025 (GLOBE NEWSWIRE) -- While channels like email and messaging are more prevalent, the phone remains one of the most business-critical tools available, according to a 2025 study from Forrester Consulting, commissioned by TransUnion (NYSE: TRU). The study found 86% of decision-makers across a wide range of industries agree the phone is the most important outbound channel for meeting customer service goals and increasing revenues. The study surveyed 719 decision-makers...

CHICAGO, March 10, 2025 (GLOBE NEWSWIRE) -- Mohamed Abdelsadek has joined TransUnion (NYSE: TRU) as Executive Vice President and Chief Global Solutions Officer, effective March 10, 2025. The Global Solutions team fulfills an important role advancing the innovation and commercialization of TransUnion’s global product portfolio. As Chief Global Solutions Officer, Abdelsadek will manage revenue growth and profitability through the strategy, planning, innovation and commercialization of...

CHICAGO, March 06, 2025 (GLOBE NEWSWIRE) -- While consumers rely on dating apps to find romantic partners, the vast majority would like to feel more confident that other users are representing themselves accurately. A new report from TransUnion (NYSE: TRU) found that 85% of women and 87% of men believe that dating platforms should verify user information such as age, recency of photos, and location. Consumers cited inconsistencies with how people portray themselves on their profiles compared to...

CHICAGO, March 05, 2025 (GLOBE NEWSWIRE) -- 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 of tax fraud. In total, 640 million consumer records were exposed in 2024, containing critical pieces of information like Social Security numbers, address histories,...

CHICAGO, March 04, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today an advancement of its partnership with Truework, a leading income and employment verification provider. The collaboration will now allow mortgage lenders more encompassing and reliable access to the verification of income and employment (VOI/E) information they need to accelerate underwriting while minimizing costs. TruVision™ Income and Employment Verification (Powered by Truework) enables a comprehensive...

CHICAGO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that Todd Cello, Executive Vice President, Chief Financial Officer, will present at the RBC Capital Markets Global Financial Institutions Conference on Tuesday, March 4, 2025. The presentation is scheduled to begin at 9:00 a.m. CT (10:00 a.m. ET). A live webcast of the presentations will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru. A replay will also be available...

CHICAGO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Despite recent data calling into question the possibility of interest rate cuts over this year, new account originations across several credit products are still expected to grow in 2025. These findings were released today in conjunction with TransUnion’s (NYSE: TRU) newly issued Q4 2024 Quarterly Credit Industry Insights Report (CIIR) . Following multiple years of depressed origination growth, largely driven by stubbornly high inflation, rising...