News & Videos - TRANSUNION

Exceeded first quarter 2024 financial guidance, delivering first $1 billion revenue quarter in company history Grew revenue by 9 percent, driven by U.S. mortgage, International and Emerging Verticals Achieved key milestones in our transformation program, including significant hiring in our Global Capability Centers and migration of key applications onto OneTru solutions enablement platform Raising 2024 financial guidance, we now expect to deliver 5 to 6.5 percent revenue growth for the year...

TORONTO, April 18, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) has promoted Ashish Khattar to Chief Revenue Officer of Canada. With a successful track record and extensive financial services and information solutions experience, Khattar will oversee sales, customer success, sales operations and enablement for TransUnion’s Canada business. Khattar will focus on driving continued growth and building on strong client relationships. He will ensure TransUnion continues to innovate and drive...

GrowthLoop and TransUnion Unite to Optimize Advertising Spend by Boosting Audience Reach PR Newswire NEW YORK, April 17, 2024 New partnership squashes notoriously low audience match rates for paid advertising, resulting in better return on ad spend NEW YORK , April 17, 2024 /PRNewswire/ -- GrowthLoop , the leading composable customer data platform (CDP) provider, today announced a new partnership with TransUnion , a global information and insights company known for its robust identity graph....

Aryza Signs Agreement with TransUnion to Revolutionize Debt Solutions in Canada Through Aryza Advize PR Newswire TORONTO, April 11, 2024 TORONTO , April 11, 2024 /PRNewswire/ -- Aryza Group, a leading provider of financial software solutions, has selected TransUnion, a global information and insights company, to facilitate access to its credit reports for Aryza Advize users in Canada . Building on successful agreements in the UK and Europe , Aryza's access to Canadian credit reports will help...

CHICAGO, April 04, 2024 (GLOBE NEWSWIRE) -- As the rental market grew over the past couple years, fraud naturally followed. Six out of ten property managers experienced fraud in the past two years, according to research from TransUnion’s tenant and employment screening business. More concerning, 38% of property managers did not identify the fraud until after the applicant moved in. These findings and more are included in TransUnion’s Multifamily Report: Fraud Continues to Be a Growing Threat...

CHICAGO, April 02, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced a partnership with MRI-Simmons , a leading provider of insights on the American consumer. As two leading data and technology companies, this collaboration will benefit clients with improved actionability across the addressable marketing ecosystem. MRI-Simmons data can now be layered on to the TransUnion identity spine, enhancing MRI-Simmons' 60,000 consumer variables for data enrichment and activation....

CHICAGO, March 26, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) will publish its financial results for the first quarter ended March 31, 2024, in a press release to be issued at approximately 6:00 a.m. Central Time (CT) on Thursday, April 25, 2024. The company will hold a conference call on the same day at 8:30 a.m. Central Time (CT) to discuss its financial results. The press release and a live webcast of the earnings conference call will be available on the TransUnion Investor Relations...

CHICAGO, March 21, 2024 (GLOBE NEWSWIRE) -- Largely driven by bad actors using fabricated or stolen identities, the newly released TransUnion (NYSE: TRU) 2024 State of Omnichannel Fraud Report , based on proprietary insights from TransUnion’s global intelligence network, found that nearly one in seven newly created accounts is suspected to be Digital Fraud. This may represent a shift in tactics by fraudsters hoping to engage earlier in the transactional process. The study showed that 13.5% of...

CHICAGO, March 13, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) introduced today OneTru™ , its new solution enablement platform for managing, governing, analyzing and delivering data and insights. The OneTru platform connects separate data and analytic assets built for credit risk, marketing and fraud prevention and concentrates them in a single, layered and unified environment that sits at the core of the business. This unified approach allows TransUnion to deliver a more accurate,...

CHICAGO, March 07, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that Todd Cello, Executive Vice President, Chief Financial Officer, will present at the BofA Securities Information Services Conference on Thursday, March 14, 2024. The presentation is scheduled to begin at 10:20 a.m. CT (11:20 a.m. ET). A live webcast of the presentation will be made available on the TransUnion Investor Relations website at http://www.transunion.com/tru . A replay will also be available on the...

CHICAGO, March 06, 2024 (GLOBE NEWSWIRE) -- Low unemployment, shifting employee priorities and the work-from-anywhere marketplace pose new staffing challenges for employers, according to a recent national survey of employee benefits brokers and advisors. Conducted by IdentityForce, a TransUnion brand, the annual survey — now in its sixth year — revealed employers are most concerned with: Rising healthcare costs Physical and mental health of employees Talent shortage Concerns about the...

CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Today, TransUnion (NYSE: TRU) announced a partnership between its marketing solutions line, TruAudience®, and Samooha , by Snowflake, a native data clean room solution on Snowflake. The partnership paves the way for a privacy and data-driven future in the advertising industry. This also represents a significant step forward in TransUnion's pursuit of interoperability everywhere, making its industry-leading consumer data and identity resolution...

Key findings from TransUnion report: Consumer credit-active population growth is primarily driven by New-to-Credit consumers, with those being New-to-Canada driving the trend. Canada’s credit market reached a new high, in terms of outstanding balances. Rising delinquencies, observed for three consecutive quarters, are prompting lenders to tighten underwriting standards. TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- Against a macroeconomic backdrop of persistently elevated inflation and high...

CHICAGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Personal and auto insurance shopping is likely to increase in 2024 due to several market factors, according to new research from TransUnion (NYSE: TRU). This observation comes at a time when shopping for both insurance lines dropped at the end of 2023, mostly because of predictable seasonality as consumers focused on holiday gift buying and travel. Increases in insurance shopping will partly be spurred on by changing mortgage rates, which are expected...

CHICAGO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced that its Board of Directors declared a cash dividend of $0.105 per share for the fourth quarter 2023. The dividend will be payable on March 22, 2024, to shareholders of record on March 7, 2024. About TransUnion (NYSE: TRU) TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in...

Key Findings: 39% growth in the rate of suspected digital fraud attempts year-over-year (YoY) for transactions originating from Canada in 2023. 60% of Canadians surveyed said they were recently targeted with fraud, of which 10% fell victim. 93% said having confidence their personal data will not be compromised is important when choosing who to transact with online. 42% said they abandon their online shopping carts due to fraud and/or security concerns. 8.4% of e-commerce transactions in 2023...

Grew revenue by 6 percent (5 percent organic constant currency) in the fourth quarter with growth across all segments led by International; grew 2023 full-year revenue by 3 percent Announced next step in transformation program, which is expected to deliver $120 to $140 million of annualized operating expense savings and $70 to $80 million capital expenditure reduction in 2026 relative to 2023 levels Prepaid $25 million in debt in the fourth quarter and $250 million in full year 2023 Providing...

CHICAGO, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Findings from the newly released Q4 2023 Quarterly Credit Industry Insights Report (CIIR) from TransUnion (NYSE: TRU) reveal that credit card debt is at a historical high, driven in part by Millennials further building on their credit portfolios. This comes at a time when an anticipated reduction in interest rates over the course of the coming year may open up new avenues to more affordable credit. Bankcard balances reached a new record in Q4 2023,...

CHICAGO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- TransUnion announced today it has been named a winner in Juniper Research's Future Digital Awards for Telco Innovation 2024 for the third year in a row. TruContact™ Spoofed Call Protection received a Gold Award for “Best Robocall Mitigation Solution” in the Security and Fraud Innovation category. Spoofed Call Protection (SCP) enables enterprises to digitally sign their outbound calls, helping to ensure calls aren’t being spoofed or mis-tagged as...

Nearly half (42%) of surveyed Canadians monitor their credit report to help obtain new credit and 45% look to better manage debt. Underserved and new-to-credit consumers benefit from greater credit access by monitoring their credit. Consumers looking to improve their credit profile benefit from monitoring their credit regularly. TORONTO, Jan. 31, 2024 (GLOBE NEWSWIRE) -- With the number of Canadian consumers enrolled to monitor their credit with TransUnion ® (NYSE: TRU) showing an 11x increase...