TransUnion | Jotup

TransUnion Report Indicates Suspected Digital Fraud in Nearly 14% of All Newly Created Global Digital Accounts in 2023

Retrieved on:

木曜日, 3月 21, 2024

Travel, TRU, Yoy, TransUnion, Cryptocurrency

The study showed that 13.5% of transactions associated with online account creation were suspected to be digital fraud globally in 2023.

Key Points:

The study showed that 13.5% of transactions associated with online account creation were suspected to be digital fraud globally in 2023.
Among the industries that saw the highest percentage of digital account creation transactions suspected to be digital fraud globally in 2023 were retail (44.7%), travel and leisure (36.0%) and video gaming (31.5%).
“This early phase new account digital fraud may represent a paradigm shift of sorts among fraudsters,” said Steve Yin, senior vice president and global head of fraud solutions at TransUnion.
This aligned with TransUnion’s digital fraud findings, which determined synthetic identity fraud was the fastest-growing type of digital fraud globally from 2022 to 2023.

TransUnion Technology Transformation Reaches Next Phase with Introduction of OneTru™, a Platform Built for AI-Powered Data Collaboration

Retrieved on:

水曜日, 3月 13, 2024

Friction, Next, Environment, Intelligence, Risk, TransUnion, Digital, Architecture, IP, Fraud, Machine learning, Privacy, TRU, Marketing, Data management, Online shopping

This unified approach allows TransUnion to deliver a more accurate, complete and compliant picture of consumers, no matter the use case.

Key Points:

This unified approach allows TransUnion to deliver a more accurate, complete and compliant picture of consumers, no matter the use case.
“Fragmented data sources and disconnected business applications can compromise access to analytic capabilities and increase time to insights.
“This will allow our clients to move beyond traditional identity graphs that are limited to explicit data and deterministic linking.
The platform also allows for easy data collaboration between TransUnion solutions and customer data, while maintaining strict user-based permissions and access controls.

myFICO: 5 Tips to Help You Manage Multiple Credit Cards and Protect Your FICO® Scores

Retrieved on:

火曜日, 4月 2, 2024

Professional Services, Payments, Technology, Finance, Banking, Personal Finance, Wind, Risk, TransUnion, APR, Eye, Smartphone, Scores, FCRA, FICO, Credit

The average American has 3.84 credit cards according to Experian data, and some credit card rewards enthusiasts have many more.

Key Points:

The average American has 3.84 credit cards according to Experian data, and some credit card rewards enthusiasts have many more.
Below are five helpful tips from myFICO to help you use multiple credit cards like a pro.
One of the first steps to managing multiple credit cards, indeed to managing your finances in general, is to create a budget .
Yet when you have multiple credit cards, monitoring your credit health may be even more critical than usual.

Enterprise Connect 2024 Brought the Enterprise Communications and Customer Experience Community Together to Improve Business Communications/CX

Retrieved on:

木曜日, 3月 28, 2024

Enterprise Connect , the leading conference and exhibition for enterprise communications and customer experience (CX), brought IT decision-makers together to improve business communications and CX.

Key Points:

Enterprise Connect , the leading conference and exhibition for enterprise communications and customer experience (CX), brought IT decision-makers together to improve business communications and CX.
“We had an extraordinary week bringing the industry together in person in Orlando and digitally,” said Eric Krapf, General Manager, Enterprise Connect.
“For more than 30 years, Enterprise Connect has brought corporate IT decision makers together with industry vendors, analysts, consultants, and channel partners to focus on the issues central to enterprise communications.
The Best of Enterprise Connect awards program recognized excellence and innovation in the enterprise communications and customer experience industry.

Thin-File Millennial and Gen Z Borrowers Lead in Credit Tier Advancement, Open Lending and TransUnion Research Finds

Retrieved on:

月曜日, 3月 25, 2024

Professional Services, Automotive, Data Analytics, General Automotive, Finance, Fintech, Banking, Millennials, Risk, Data, TransUnion, Senior, Marketing, Generation Z, Habit, Gen, Bank

Using data from over 4 million U.S. consumers, the report illustrates new-to-credit borrowers’ upward credit trajectory with insights into lending patterns and preferences.

Key Points:

Using data from over 4 million U.S. consumers, the report illustrates new-to-credit borrowers’ upward credit trajectory with insights into lending patterns and preferences.
The report underscores the potential value Millennials and Gen Zers can bring lenders, with key findings showing:
Millennials and Gen Zers are poised and quick to advance: Data revealed that 30% of Millennial and Gen Z thin-file consumers moved up credit tiers within two years compared to 22% of Gen X or older thin-file consumers.
“Many financial institutions are hesitant to extend loans to borrowers with thinner credit files and lower credit scores, who are often Millennials and Gen Zers,” said Kevin Filan, Senior Vice President of Marketing at Open Lending.
We believe that the financial institutions that set these deserving borrowers on the path to financial wellness will be rewarded with long-term loyalty through subsequent credit products.”

Biometric Fingerprint Secured Credit Card Manufacturer SmartMetric Reports up to 80% of USA Credit Cards Have Been Compromised

Retrieved on:

木曜日, 3月 21, 2024

Other Consumer, Banking, Consumer, Professional Services, Fintech, ATM, Electronics, Motivation, OTC, TransUnion, Security printing

This allows the SmartMetric biometric card to be able to used “anywhere and anytime” a card holder wants to use their new biometric card.

Key Points:

This allows the SmartMetric biometric card to be able to used “anywhere and anytime” a card holder wants to use their new biometric card.
“With so many credit card data breaches leaving a card holders credit card information in the hands of card fraud criminals, the use of on card biometric identity validation security, has become a necessity," said SmartMetric’s President and CEO, Chaya Hendrick.
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Market research has shown that 70% of current credit card users are willing to pay $70.00 for a biometric fingerprint secured credit card.
To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card .

R. Dane Mauldin named NIQ Chief Transformation Officer

Retrieved on:

水曜日, 3月 20, 2024

Professional Services, Marketing, Retail, Communications, Data Analytics, Other Retail, Dane, TransUnion, Full, GfK, Corporate development, Heart, EVP, Management

NIQ, the world’s leading global consumer intelligence company, today announced that R. Dane (Dane) Mauldin has joined the company as Chief Transformation Officer effective March 18, 2024.

Key Points:

NIQ, the world’s leading global consumer intelligence company, today announced that R. Dane (Dane) Mauldin has joined the company as Chief Transformation Officer effective March 18, 2024.
He joins NIQ from TransUnion, where he was EVP and Chief Operations Officer, and previously EVP and Chief Product Officer.
Curtis Miller, who held the role most recently, has been appointed Chief Strategy Officer, accountable for Strategy and Corporate Development.
We’ve made strong progress in our transformation thus far, including significant work to integrate GfK and NIQ and Dane is uniquely positioned to help us accelerate our plans,” said Jim Peck, Executive Chairman and Chief Executive Officer.

As RentRedi Expands Reporting to All Three Major Credit Bureaus, Landlords See 13% Jump in On-time Rent Payments

Retrieved on:

木曜日, 3月 28, 2024

Collection, Equifax, TransUnion, Fannie Mae, Lease

NEW YORK, March 28, 2024 /PRNewswire/ -- RentRedi, an award-winning property management software that simplifies the renting process for both landlords and renters, has expanded its on-time rent reporting to all three major credit bureaus: Equifax, Experian, and TransUnion. The ability to report on-time rent payments helps tenants build and boost their credit scores, while RentRedi data shows that landlords are likely to see a 13% jump in on-time rent payments when using the RentRedi Credit Boost feature.

Key Points:

The ability to report on-time rent payments helps tenants build and boost their credit scores , while RentRedi data shows that landlords are likely to see a 13% jump in on-time rent payments when using the RentRedi Credit Boost feature.
Tenants are more likely to pay rent on time when payments are reported to major credit bureaus to boost their scores.
RentRedi Credit Boost reports on-time payments to the three credit bureaus, and when combined with the ability for tenants to schedule automatic payments through the RentRedi app, there is added incentive and convenience to being punctual with rent payments.
"Credit boosting through rent reporting is a win-win for both landlords and tenants," said RentRedi Co-founder and CEO Ryan Barone.

Identity Verification Market worth $21.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

火曜日, 3月 12, 2024

Identity verification involves various processes, such as document verification, biometric authentication, and identity proofing.

Key Points:

Identity verification involves various processes, such as document verification, biometric authentication, and identity proofing.
To provide detailed information related to the primary factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Identity Verification Market.
To analyze opportunities in the market for stakeholders by identifying high-growth segments of the Identity Verification Market.
To profile the key players of the Identity Verification Market and comprehensively analyze their market size and core competencies.

Identity Verification Market worth $21.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

火曜日, 3月 12, 2024

Identity verification involves various processes, such as document verification, biometric authentication, and identity proofing.

Key Points:

Identity verification involves various processes, such as document verification, biometric authentication, and identity proofing.
To provide detailed information related to the primary factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Identity Verification Market.
To analyze opportunities in the market for stakeholders by identifying high-growth segments of the Identity Verification Market.
To profile the key players of the Identity Verification Market and comprehensively analyze their market size and core competencies.