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TransUnion Partnership with CellControl Saves Lives

In late May, TransUnion announced a new partnership with Cellcontrol to offer a new technology that provides enhanced protection against distracted driving. The announcement was made at TransUnion’s Insurance Summit in Chicago, a two-day gathering of more than 100 insurance executives from across the nation. In conjunction with the announcement, TransUnion released the findings of its teen driving survey, which polled ... Read More »

TransUnion and Cellcontrol Partner to Reduce Losses Associated with Distracted Driving in Insurance Telematics Solution

Recent Survey Reveals Parents Demand Distracted Driving Protection Technology TransUnion and Cellcontrol, a leader in distracted driving prevention and usage-based insurance data collection, have joined forces to offer a new technology that provides enhanced protection against distracted driving. The announcement was made at TransUnion’s Insurance Summit in Chicago, a two-day gathering of more than 100 insurance executives from across the ... Read More »

TransUnion IPO Launched on New York Stock Exchange

TransUnion, which shares the title as one of the big three credit-reporting firms with Equifax and Experian, opened trading on the New York Stock Exchange Thursday June 25th up at $24.62, 9.4% above its initial public offering price of $22.50. It’s stayed pretty steady ever since, trading at $24.66 in recent trading. It was not the credit-reporting company’s first attempt to ... Read More »

TransUnion Canada Announces Paul Devereaux to Lead Its Financial Services Team

TransUnion Canada announced Paul Devereaux has joined the company as vice president of financial services.  With more than 25 years of experience in business development and sales, Devereaux will lead the financial services team as it continues to expand TransUnion’s market share in Canada. Prior to joining TransUnion, Devereaux led Canadian sales for SecureKey Technologies. Devereaux has also served as ... Read More »

TransUnion Partners with Global Debt Registry

TransUnion Partners with Global Debt Registry to Offer Registry Services for Debt Buyers and Financial Institutions TransUnion and Global Debt Registry (GDR), the pioneer and leader in debt information access and validation, today announced a collaboration to market GDR debt registry services for debt buyers, collectors and financial institutions. GDR’s debt registry offering enables debt owners to accelerate collections through streamlined access ... Read More »

TransUnion Files IPO

TransUnion filed with U.S. regulators on Tuesday for an initial public offering of common stock.  TransUnion filed for an IPO in 2011 but withdrew the offering in 2012 after it was sold by private equity firm Madison Dearborn Partners and the Pritzker family to Advent International and Goldman Sachs. According to Reuters, Goldman and Advent own about 49 percent each ... Read More »

US Credit Bureaus Launch National Consumer Assistance Plan

Equifax, Experian and TransUnion Launch National Consumer Assistance Plan to Enhance Credit Report Accuracy, Consumer Experience Equifax, Experian and TransUnion announced a National Consumer Assistance Plan that will enhance their ability to collect complete and accurate consumer information and will provide consumers more transparency and a better experience interacting with credit bureaus about their credit reports. The plan was announced ... Read More »

Financial Inclusion: TransUnion’s CreditVision Risk Score Raises Eligibility for better Terms

A recent TransUnion study found that more than 23 million U.S. consumers would be classified as Super Prime, the highest-rated consumer credit risk group, when evaluated by TransUnion’s CreditVision® risk score. Compared to the use of a traditional risk score, the use of CreditVision would increase the percentage of consumers in the Super Prime risk category from 12% to 21%. ... Read More »

FICO and TransUnion Renew Agreement to Provide FICO® Scores to U.S. Financial Institutions and Businesses

Long-term agreement gives lenders flexibility in making the best risk management decisions for their businesses FICO and TransUnion today announced a renewed multi-year agreement to provide FICO® Scores to the U.S. banking community. TransUnion will continue reselling FICO Scores and provide FICO access to its consumer data for the purposes of developing and marketing new analytics that will meet the changing requirements of businesses. As part ... Read More »

TransUnion Considers IPO

TransUnion Corp. has revived plans for an IPO that could raise up to US$1bn this year, according to Reuters. Advent International and GS Capital Partners, which bought the company three years ago, are preparing to mandate banks on a fresh attempt to go public, multiple market sources confirmed.  The company is expected to confirm shortly which banks it has chosen ... Read More »

TransUnion Kenia Launches Credit Score

TransUnion Kenia announced the launch of a credit score for the Kenyan market that will help lenders determine the credit risk of borrowers.  TransUnion Africa CEO Wachira Ndege told journalists in Nairobi that the tool will offer financial institutions and other credit lending facilities valuable insight into the credit health of their customers. “The credit score will enable lenders to ... Read More »

TransUnion Announces Its New Brand Platform — Information for Good

Enhancements Expand Company to Global Information Solutions Provider TransUnion unveiled a new brand identity platform and logo, reflecting the company’s focus and capabilities as an information solution provider for consumers and businesses. The new branding marks the culmination of expansion in which the company moved beyond its traditional consumer credit data reporting role and has begun using data and analytics ... Read More »

TransUnion South Africa Launches Claims Enabler

TransUnion South Africa has launched Claims Enabler, a one-stop solution for the insurance industry that empowers faster, more efficient claims processing. Claims Enabler integrates multiple data sets across the TransUnion portfolio, aggregating all of the information insurance providers need to make faster, more accurate decisions and expedite the claims process for enhanced customer service. “While all of the data used ... Read More »

TransUnion SmartMove® Partners With YapStone’s RentPayment™

TransUnion and YapStone announced a partnership to provide RentPayment, YapStone’s online rent payment solution, to independent landlords and small property managers through TransUnion SmartMove.  The new offering provides access to rent payment and reporting tools typically available only to larger property managers. According to a recent TransUnion survey, more than six in 10 landlords prefer to always or frequently use online payments to ... Read More »

TransUnion SmartMove(R) Launches New Eviction Report Solution

The new TransUnion SmartMove® service, which allows landlords to obtain a national report of the applicant’s past evictions, includes the location of the previous property they were evicted from, as well as the landlord or plaintiff’s name, date of eviction, and the judgment. The evictions reports are bundled with credit and national criminal reports and available for only $35. New ... Read More »

TransUnion Acquires Drivers History

TransUnion announced the acquisition of a majority interest in Drivers History, a leading provider of traffic violations and criminal court data. This transaction enhances TransUnion’s position as a trusted provider of data and analytic solutions to the insurance industry and strengthens Drivers History’s offering and market access by leveraging TransUnion’s carrier relationships and connectivity.  Although it will retain its operational ... Read More »