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...
CHICAGO, Jan. 31, 2024 (GLOBE NEWSWIRE) -- More than 100 million U.S. consumers enrolled in a service to monitor their credit data from TransUnion (NYSE: TRU) between the start of 2018 and September 2023. A new TransUnion global study found that the motivations of consumers monitoring their credit differ, with the majority of Americans doing so with a near-term goal of opening a new credit account (55%). Three in 10 U.S. consumers (30%) monitor their credit to better manage their debt levels,...
CHICAGO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- AT&T and TransUnion (NYSE: TRU) are now offering outgoing calls for businesses that display a brand name and logo on the receiver’s phone – with two new features to improve consumer trust: Recipients no longer need a special app on their mobile device to see the caller’s brand logo. The branded calls with logos are verified with STIR/SHAKEN, a set of standards used to help confirm the number has not been illegally spoofed. Both of these are...
CHICAGO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Decreased consumer liquidity, primarily caused by rising debt and delinquencies, drove betting activity down 10% in the second half of 2023, after a brief jump in Q2. TransUnion’s (NYSE: TRU) latest research found consumer-reported participation was down in Q4, especially among Gen Z. All generations reported decreased betting activity, except Millennial bettors—77% of whom said their household finances were better than planned. This stood in stark...
CHICAGO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) will publish its financial results for the fourth quarter ended December 31, 2023, in a press release to be issued at approximately 6:00 a.m. Central Time (CT) on Tuesday, February 13, 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...
CHICAGO, Jan. 10, 2024 (GLOBE NEWSWIRE) -- With an anticipated drop in interest rates in the months to come, many homeowners may soon begin tapping the equity that has built up in their homes as a result of today’s historically high property values. It is with that possibility in mind that TransUnion (NYSE: TRU) today unveiled TruVision Consumer Property Insights for Portfolio Management to help ensure both lenders and borrowers are protected from the potential risks associated with property...
57% of participants intend to cut discretionary spending and 22% plan to apply for new or refinance existing credit as Canadians appear to be bracing for continued increases in household cost of living, reveals new TransUnion study. Q4 2023 TransUnion Canada Consumer Pulse study key findings: 43% report that their household finances are worse than planned in Q4. 43% feel optimistic about household finances over the next 12 months; 57% are not feeling optimistic. 48% expect household income to...
CHICAGO, Jan. 04, 2024 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today the enhancement of its TruAudience® marketing solutions line with the newly improved TransUnion identity graph that delivers more accurate identity resolution and robust demographic enrichment. This marks a significant step forward in the integration of the Neustar and TransUnion marketing businesses, as clients using products across our portfolio benefit. TransUnion’s identity graph serves as the single...
CHICAGO, Dec. 14, 2023 (GLOBE NEWSWIRE) -- “Who’s calling now?” has become a ubiquitous question and a sign of the times for mobile users as fraud and spammers repeatedly target consumers through their phones. New research from TransUnion (NYSE:TRU) reveals that around one-third of consumers experience fraud attempts multiple times per week, if not daily. More than half (51%) report being targeted in the last three months. The most common attacks include social engineering schemes that try...
LONDON and CHICAGO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Rocketer , a performance marketing company with proprietary media delivery technology, and TransUnion (NYSE: TRU), today announced the launch of Rocketer Powered By TruAudience, a data collaboration designed to supercharge how insurance companies identify high-value prospects and move them through the sales funnel. Rocketer’s proprietary technology combined with TransUnion’s TruAudience capabilities provide insurance companies with...
TransUnion study also reveals 4.5% increase in suspected fraud rate in Canada from the same period in 2022. Key Findings: 80% of Canadians surveyed are concerned about falling victim to online fraud during the 2023 holiday season. 70% are concerned about sharing personal information. Phishing (44%), smishing (37%) and vishing (35%) were the top three reported fraud schemes among those who said they were targeted with fraud over the last three months. More than 1 in 5 Canadians (22%) worry about...
CHICAGO, Dec. 06, 2023 (GLOBE NEWSWIRE) -- While nearly all (98%) third-party collections companies use letters to reach consumers, just 40% have adopted text or SMS messaging to consumers—compared to 37% that were using text in 2022. However, last year, 34% indicated they would start using text messaging within the coming two years, suggesting economic headwinds have stalled companies’ planned investments in communications technologies. The findings were revealed today in the fifth annual...
Total Canadian credit active consumers holding at least one credit product at an all time high of 31.2 million. While average credit card balance per consumer rose due to higher cost of living, the number of consumers paying more than the monthly minimum dropped by 311 bps YoY. While consumer-level delinquencies at 1.55% are up by 12 bps YoY, they remain below pre-pandemic levels, highlighting Canadians’ financial resilience . TORONTO, Dec. 05, 2023 (GLOBE NEWSWIRE) -- With a backdrop of...
CHICAGO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) released new findings today highlighting global e-commerce fraud that occurred during the start of the 2023 holiday shopping season. Based on proprietary insights from TransUnion’s global device risk consortium, the analysis found 3.6% of all global e-commerce transactions reviewed during the Cyber Five days were suspected fraudulent. The Cyber Five consists of the days between Thanksgiving, Nov. 23, and Cyber Monday, Nov. 27....
CHICAGO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today announced an expanded partnership with FreeWheel , a global technology platform for the television advertising industry. The partnership integrates TransUnion’s TruAudience® Data Marketplace with FreeWheel’s Audience Manager. The result is a new solution that allows publishers and programmers in the TV ad ecosystem to greatly improve their audience match rates. It does this by leveraging the FreeWheel Identity Network...
CHICAGO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Despite electric vehicle (EV) sales moderating from a torrid pace, the share of new EV car registrations increased markedly through the first half of 2023 to 8.3%, up from 5.6% one year earlier. A new TransUnion (NYSE: TRU) study conducted in collaboration with S&P Global Mobility found that as the share of new car registrations for EVs rose, the credit makeup of these buyers continued to remain strong. The average credit score for mainstream buyers of...
CHICAGO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) (the “Company”) today announced the next step in its ongoing, multi-year transformation effort to optimize its operating model and advance its market-leading technology. The Company will transition additional roles to its successful Global Capability Centers (GCCs) to improve productivity, reduce costs and fund growth. TransUnion will also leverage Neustar’s cloud-native technology to create its next-generation integrated...
CHICAGO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Macroeconomic trends affecting insurance shopping in the first half of 2023 continued throughout Q3. Auto and property insurance shopping rates were flat compared to Q2 2023 but elevated 12% and 6%, respectively, compared to Q3 2022. The findings are part of TransUnion’s (NYSE: TRU) latest quarterly Insurance Personal Lines Trends and Perspectives Report , which includes trends in the auto and property insurance markets, as well as survey data about...
CHICAGO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- High interest rates and higher-than-expected costs for goods and services continue to squeeze the wallets of American consumers. This has led to many continuing to leverage their existing credit account lines more than ever. At the same time, affordability challenges for homes and automobiles, as well as growing concerns over rising debt service costs, have resulted in consumers opening fewer new credit accounts. These findings were revealed in the...