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TransUnion South Africa

Equifax, Experian, TransUnion in Settlement of US$6 m with 31 State Attorneys

Equifax, Experian and TransUnion have agreed to improve their approach to fixing mistakes on credit reports and address consumer disputes more effectively under a $6 million settlement with 31 state attorneys. The credit bureaus pledged to more closely scrutinize companies that furnish them with data and to curb the marketing of credit monitoring products to consumers who dispute information on ... Read More »

TransUnion South Africa Forges Ahead in Voice Biometrics

TransUnion South Africa, in partnership with OneVault, has announced plans to develop a national Voice Bank.  This national Voice Bank will result in the use of stronger biometrics, like voice, to help businesses curb fraud and identity theft and therefore alleviate the growing concerns around information security disciplines. Voice biometrics is being adopted globally by companies, especially those with large contact ... 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 »

South Africa Risk Climate: Second Quarter Decline in TransUnion Consumer Credit Index Indicates Rising Retail Sector Risk

Impaired Accounts Continuing to Rise Sharply; Consumer Credit Health Deteriorating South Africa: The TransUnion Consumer Credit Index (CCI) declined to 43.6 in the second quarter of 2013 from 43.8 in the first quarter of the year. According to TransUnion, the fall in the CCI reflects escalating consumer loan impairments and sustained growth in distressed borrowing, both indicators of rising household ... Read More »

TransUnion Completes Acquisition of Majority Share of CRBAfrica – Expands Footprint in Africa

TransUnion Corp., South Africa announced the completion of  its previously announced purchase of a majority share in CRBAfrica, a credit risk management organization with a presence in eight countries across Africa. The acquisition significantly expands TransUnion’s footprint in Africa. Building on its existing presence in South Africa, Namibia, Botswana, Zimbabwe and Swaziland, TransUnion can now enhance operations in Botswana and ... Read More »

South African Risk Climate: Unsecured Lending a Threat

The double-digit growth in unsecured lending has become a threat to SA’s consumer credit health said Geoff Miller, CEO of TransUnion South Africa, following the release of its SA Consumer Index (CCI). The CCI, a measure of trends in consumer credit health, has declined to a level of 50.7 for the second quarter of 2012 from a revised 54.3 for ... Read More »

TransUnion South Africa Launches on-the-move Vehicle Verification and Valuation Reports

Johannesburg, 3 Apr. 2012 – TransUnion Auto Information Solutions has launched a mobile application that provides subscribing car dealers with an instant, anywhere, anytime report containing almost everything they need to know to make an informed buying or selling decision about a specific passenger or commercial vehicle or motorbike. Developed in association with IT business solutions integrator Business Connexion, the ... Read More »