How Investors May Respond To TransUnion (TRU) Launching AI Solution to Combat Credit Washing

TransUnion recently launched its first-of-its-kind Credit Washing Solution to help financial institutions identify and address the issue of credit washing, a practice that has resulted in an estimated ...
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TransUnion trying to clean up credit washing with new fraud detection solution

TransUnion is trying to help the financial services industry clean up the proliferation of credit washing that’s impacting ...

TransUnion Responds to Growing Challenge of Credit Washing with Pioneering Fraud Detection Solution

A TransUnion analysis shows a nearly 700% increase in consumer-initiated charge-off suppressions over the past two years, and a 200% increase in lender-initiated suppressions over the last four. As ...
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Affirm Expands Credit Reporting with TransUnion to All Pay-Over-Time Products

New reporting will not impact scores in near-term, but advances efforts to help consumers build credit histories and support positive credit outcomes Consumers will see details about all Affirm ...

Young Americans with bad credit are taking this 1 step to boost their scores by up to 60 points — here’s how to know if it’s the right move

When credit scores were recalculated to take rent payments into account, they improved on average by 60 points, a 2021 ...
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TransUnion: Gen Z using credit more than millennial counterparts at same age

The title of a project TransUnion released on Thursday at its 2024 Financial Services Summit (attended by nearly 300 global financial services executives) might have given some frightening flashbacks ...
Morningstar

TransUnion's Credit Bureau Business Gives It a Wide Moat

Along with Equifax and Experian, TransUnion is one the Big Three consumer credit bureaus. Given the fixed costs inherent in a data-intensive business, TransUnion has been able to generate meaningful ...
AOL

Buy now, pay later can now help or hurt your credit score — here’s why

Affirm just announced it will start reporting all pay-over-time loans, including Pay in 4, to the credit bureaus Experian and TransUnion. BNPL doesn’t affect borrowers’ credit scores very much right ...
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TransUnion Spots Growth at Both Ends of Credit Spectrum

Credit bureau TransUnion released a new report today revealing growth in the percentage of consumers on either end of the credit spectrum . Credit card issuers can use insights from industry ...
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Spring Labs and TransUnion Bring Credit Data to Public Blockchain Networks for The First Time

Spring Labs is bringing TransUnion’s identity and credit data on-chain via the ky0x Digital Passport to help accelerate Web3 and DeFi adoption MARINA DEL RAY, Calif., Jan. 12, 2022 (GLOBE NEWSWIRE) -- ...
Business Wire

Affirm Expands Credit Reporting with TransUnion to All Pay-Over-Time Products

New reporting will not impact scores in near-term, but advances efforts to help consumers build credit histories and support positive credit outcomes SAN FRANCISCO & CHICAGO--(BUSINESS WIRE)--Affirm ...