Two-thirds of marketers use 16 or more martech solutionsCHICAGO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) announced today newly commissioned Forrester Consulting research that reveals the uphill battle many marketing teams face in managing fragmented martech systems and identity challenges. However, the research also highlights a clear path forward for organizations that leverage identity resolution tools to connect disparate data sets. Forrester’s Q4 2024 Identity Resolution Survey found th ...

Acquisition Overview - TransUnion has signed a definitive agreement to acquire Monevo, a UK-based credit prequalification and distribution platform, to enhance personalized credit experiences online [1] - TransUnion currently owns 30% of Monevo's equity and will acquire the remaining ownership from Quint Group Limited [1] - The transaction is expected to close by Q2 2025, subject to customary closing conditions and regulatory approvals [4] Strategic Rationale - The acquisition aligns with TransUnion's commitment to enabling trust in global commerce by improving consumer and organizational transaction confidence [2] - Monevo's platform integrates lenders and publishers, providing centralized technology and decisioning infrastructure to deliver better outcomes for consumers searching for credit online [2] - The acquisition is seen as a natural next step for Monevo's growth, unlocking new opportunities for innovation by combining complementary businesses [3] Market Impact - Monevo operates primarily in the UK and US markets, enabling over 150 banks and credit providers to deliver highly personalized credit offers through comparison websites and apps [2][6] - Consumers benefit from a more personalized online credit shopping experience without impacting their credit scores, while publishers and lenders gain tools to improve engagement and conversion rates [3] Financial and Operational Details - The transaction will be funded with existing cash-on-hand and is not expected to materially impact TransUnion's leverage, liquidity, or 2025 operating results [4] - TransUnion and Monevo have a three-year partnership history, addressing gaps in the consumer experience and planning to deliver high-quality offers at scale with minimal partner support [4] Company Backgrounds - TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries, focusing on credit, marketing, fraud, risk, and advanced analytics [5] - Monevo is a multi-award-winning credit technology business headquartered in the UK, operating in the UK, US, and Australia, and empowering over 150 lenders and banks globally [6]

Inflation continues to be a leading concern for 82% of Canadians, with 44% of those surveyed reporting that their household finances are worse than anticipated in 2024Key findings from the TransUnion® report: Household financial strains most felt among Gen X (51%), as this generation nears retirement.Housing prices of concern to 57%, with only 14% intending to take out a new mortgage in the next 12 months, and 15% considering refinancing their property.Millennials hold largest share of debt at $911 billion. ...

I'm an insurance Case Manager with a deep interest in investing. My investment philosophy is all about buying high quality stocks and great businesses. My favorite businesses are those led by disciplined capital allocators, earn exceptional returns on capital, and can compound their invested capital over long periods of time.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. ...

Attempted Digital Fraud Rates in Canada are up 51% year-over-yearTORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- As Canadians took advantage of retail deals offered between 28 November (US Thanksgiving) and 2 December (Cyber Monday), a new analysis from TransUnion® (NYSE: TRU) found that 2.6% of attempted consumer ecommerce transactions in Canada were suspected to be Digital Fraud during this holiday shopping period. This was up 51% from 1.7% over the US Thanksgiving period last year. The analysis reviewed attem ...

TORONTO, Dec. 17, 2024 (GLOBE NEWSWIRE) -- As Canadians took advantage of retail deals offered between 28 November (US Thanksgiving) and 2 December (Cyber Monday), a new analysis from TransUnion® (NYSE:TRU) found that 2.6% of attempted consumer ecommerce transactions in Canada were suspected to be Digital Fraud during this holiday shopping period. This was up 51% from 1.7% over the US Thanksgiving period last year. The analysis reviewed attempted ecommerce transactions from across the globe and found that 4 ...

CHICAGO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Following four years of increases in credit card balances and delinquencies, a new TransUnion (NYSE: TRU) consumer credit forecast projects a slowdown in growth for both metrics by the end of 2025. TransUnion’s forecast also examined the state of delinquency in 2025 for auto loans, unsecured personal loans and mortgages. The forecast highlights the outlook for credit cards as this credit product is by far the most widely used in the U.S. In Q3 2024 (latest data ava ...

CHICAGO, Dec. 05, 2024 (GLOBE NEWSWIRE) -- As millions of consumers took advantage of Black Friday and Cyber Monday deals this past week, a new analysis from TransUnion (NYSE: TRU) found that 4.6% of attempted ecommerce transactions globally were suspected to be Digital Fraud from this Thanksgiving to Cyber Monday. Based on proprietary insights from TransUnion’s global intelligence network, TransUnion found that the global suspected Digital Fraud rate was down from 6.0% during the same period in 2023. For a ...

Key findings from TransUnion report: Number of Canadians with access to credit and total outstanding consumer balances reached new records in the third quarter of 2024, mainly driven by Millennial and Gen Z consumersWith an expectation of subsided inflation and lower interest rates, 2025 forecast projects growth in credit activity and improved performance TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- More Canadians borrowed and used credit in the third quarter of 2024, as interest rates and inflation continued ...

Core Viewpoint - TransUnion reported strong Q3 2024 earnings, with both earnings and revenues exceeding estimates, but the stock has underperformed the S&P 500 in the past month [1][2]. Financial Performance - Adjusted earnings per share (EPS) for Q3 2024 were $1, surpassing the consensus estimate by 2% and increasing 14.3% year-over-year [2]. - Total revenues reached $1.1 billion, exceeding the consensus mark by 2.2% and reflecting a 12% increase from the previous year [2]. Revenue Breakdown by Segments - U.S. Markets segment revenues were $848 million, up 12% year-over-year, with Financial Services revenues at $367 million, growing 17% [3]. - International segment revenues increased to $242 million, an 11% year-over-year rise, with Canada contributing $39 million, a 7% increase [4]. - Revenues from India were $68 million, up 21% year-over-year, while Asia-Pacific revenues were $26 million, reflecting an 11% increase [5]. Operating Performance - Adjusted EBITDA for Q3 was $377 million, marking an 11% year-over-year growth, with an adjusted EBITDA margin of 36.2%, up 120 basis points from the previous year [7]. Balance Sheet and Cash Flow - Cash and cash equivalents at the end of the quarter were $643.2 million, up from $543.2 million in the previous quarter, while long-term debt decreased to $5.1 billion [8]. - Cash generated from operating activities was $229.3 million, with capital expenditures amounting to $68 million [8]. Future Outlook - For Q4 2024, TransUnion expects revenues between $1.01 billion and $1.03 billion, with adjusted EPS guidance of 92-98 cents [9]. - For the full year 2024, revenue guidance has been raised to $4.16-$4.18 billion, with adjusted EPS guidance increased to $3.87-$3.93 [10]. Estimate Trends - Estimates for TransUnion have trended downward over the past month, with a Zacks Rank of 3 (Hold), indicating an expectation of in-line returns in the near term [11][13]. VGM Scores - TransUnion holds a Growth Score of B, a Momentum Score of C, and a Value Score of C, resulting in an aggregate VGM Score of C [12].