Company Overview - TransUnion has appointed Brian Silver as Executive Vice President of Marketing Solutions, effective April 7, 2025, reporting to Chief Global Solutions Officer Mohamed Abdelsadek [1] - TransUnion operates globally with over 13,000 associates in more than 30 countries, focusing on providing reliable consumer representation in the marketplace [4] Leadership and Strategy - Silver will lead the vision, strategy, and innovation for TransUnion's TruAudience® products, which focus on data-driven marketing and measurement [2] - Abdelsadek emphasized the potential for innovation within the TruAudience suite, powered by TransUnion's OneTru platform, to address marketers' challenges in a privacy-focused environment [3] Experience and Background - Brian Silver has over 25 years of experience in identity-based digital marketing, previously serving as Global Vice President at Oracle Advertising and holding leadership roles at LiveIntents, Verizon Media, and Yahoo! [3] - Silver expressed enthusiasm about leveraging his experience to help clients achieve their goals and drive business growth for TransUnion [4]

Solution enablement platform strengthens analytics, credit risk, fraud prevention and marketing offeringsCHICAGO, April 10, 2025 (GLOBE NEWSWIRE) -- One year ago, TransUnion (NYSE: TRU) introduced its transformative OneTru™ solution enablement platform for managing, governing, analyzing and delivering data, identity and insights. Today, OneTru delivers on its promises, accelerating and expanding the pace and breadth of the company’s innovation. Over the course of 2024 and early 2025, OneTru capabilities hav ...

CHICAGO, April 10, 2025 (GLOBE NEWSWIRE) -- One year ago, TransUnion (NYSE:TRU) introduced its transformative OneTru™ solution enablement platform for managing, governing, analyzing and delivering data, identity and insights. Today, OneTru delivers on its promises, accelerating and expanding the pace and breadth of the company's innovation. Over the course of 2024 and early 2025, OneTru capabilities have powered several of TransUnion's B2B product lines: TransUnion's alternative lending bureau is now enable ...

Core Insights - The report highlights that 17% of Canadians reported losing money due to fraud in the past year, with a median loss of $2,013 [1][2] - Digital fraud targeting Canadians has increased, with 56% of surveyed individuals indicating they were targeted through various channels [2][4] - Phishing emerged as the most common fraud method, affecting 43% of those targeted [7][8] Fraud Statistics - 9% of Canadians who were targeted by fraudsters fell victim to the schemes [2] - 39% of respondents cited fraud concerns as the primary reason for abandoning online shopping carts [5][6] - 46% prioritize the security of personal data over cost savings and quality when choosing online businesses [6] Industry-Specific Insights - The gaming sector experienced the highest rate of suspected digital fraud attempts at 11.1%, an 80% increase from 2023 [8][10] - The logistics industry saw a significant year-over-year increase in suspected fraud attempts, up 203%, although the overall rate was modest at 1.9% [9][10] - Telecommunications experienced the largest decrease in suspected fraud attempts, down 88% from the previous year [9][10] Consumer Behavior - 70% of Canadians indicated that fraud concerns would deter them from returning to a website [6] - 51% of those affected by fraud contacted relevant companies, while 48% placed a freeze on their credit [6][12] - 13% of victims took no action after discovering they had been defrauded [4][12] Fraud Methods - Smishing (fraudulent text messages) accounted for 40% of reported fraud attempts, while vishing (fraudulent phone calls) made up 35% [13] - Third-party seller scams on legitimate online retail websites were reported by 19% of respondents [13] Conclusion - The findings underscore the growing prevalence of digital fraud in Canada, with significant implications for consumer behavior and industry practices [1][2][4]

The acquisition meets growing demand for personalized credit experiences online CHICAGO, April 01, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) today announced the completion of the acquisition of Monevo from Quint Group Limited. The news follows January's announcement that TransUnion had signed a definitive agreement to acquire U.K.-based Monevo, a credit prequalification and distribution platform that empowers lenders and banks to deliver highly personalized credit offers to consumers via comparison web ...

CHICAGO, March 31, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) will publish its financial results for the first quarter ended March 31, 2025, in a press release to be issued at approximately 6:00 a.m. Central Time (CT) on Thursday, April 24, 2025. The company will hold a conference call on the same day at 8:30 a.m. (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 website at http://www.transu ...

CHICAGO, March 27, 2025 (GLOBE NEWSWIRE) -- Despite the volume of U.S. data breaches declining in 2024 from highs reached a year prior, data breach severity reached levels never seen since TransUnion’s measurement began in 2020. These findings were revealed as part of the newly-released TransUnion® (NYSE: TRU)  H1 2025 Update to the State of Omnichannel Fraud Report. In 2024, the number of primary data breaches dipped to 2,577 from 2,842 the year prior, while third-party data breaches fell precipitously to ...

CHICAGO, March 26, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE:TRU) announced today it completed a FedRAMP® Ready assessment for TruValidate™ solutions for government, which help public agencies interact with American public users to help protect against fraud. The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides a standardized approach to security assessment, authorization and continuous monitoring for cloud products and services.1 Achieving FedRAMP compl ...

CHICAGO, March 26, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today it completed a FedRAMP® Ready assessment for TruValidate™ solutions for government, which help public agencies interact with American public users to help protect against fraud. The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides a standardized approach to security assessment, authorization and continuous monitoring for cloud products and services.1 Achieving FedRAMP comp ...

Core Insights - TransUnion Canada is enhancing credit access for new Canadians and those new to the credit market through the TruVision Trended Risk Score, which provides a comprehensive view of payment behavior and creditworthiness [1][9] - The TruVision Trended Risk Score utilizes new algorithms and data to better predict future risk for New-to-Credit consumers, enabling lenders to confidently offer credit [1][2] Group 1: Market Trends - New Canadians and young consumers are a significant part of Canada's population growth, with international migration accounting for 92% of growth in Q3 2024 [2] - In 2024, New-to-Credit consumers represented 28% of new credit cards opened and 22% of all credit products, with new Canadians estimated to account for over half of that volume [2] Group 2: Consumer Behavior - Gen Z Canadians, born between 1997 and 2012, are the fastest-growing segment in credit card usage, showing an 18% year-over-year growth in balances, with total credit balances reaching $142 billion as of December 2024 [3] - This generation's credit balance growth significantly outpaces the overall growth rate of 4.5% [3] Group 3: Risk Assessment - Gen Z consumers exhibit a higher risk profile, with a delinquency rate of 0.57%, compared to an average of 0.28% for other generations as of Q4 2024 [4] - Lenders can still target this demographic for growth by employing effective credit decisioning tools to manage associated risks [4][5] Group 4: Strategic Insights - In a challenging macroeconomic environment, lenders are encouraged to modernize credit strategies to extend credit to young Canadians and new immigrants [5] - Companies that adapt to rapid changes in consumers' financial health will be better positioned to capture emerging consumer segments [5]